The executive actions emphasize public-private partnerships, enhanced information sharing, and leveraging commercial cybersecurity capabilities.

By Jennifer C. Archie, Marissa R. Boynton, Antony (Tony) Kim, Clayton Northouse, Michael H. Rubin, and Serrin Turner

On March 6, 2026, President Trump signed an executive order titled “Combating Cybercrime, Fraud, and Predatory Schemes Against American Citizens” (the Order) that directs an interagency coalition to improve existing policy frameworks to address cyber threats and target transnational criminal organizations. The White

The ruling impacts those with HSR filings expected to be submitted on or after February 20, 2026.

By Kyra K. Bromley, Patrick C. English, and Peter M. Todaro

Updated on February 19, 2026

On February 19, 2026, the Fifth Circuit granted an administrative stay, which keeps the “new” Hart-Scott-Rodino (HSR) premerger notification form in place and temporarily stays the district court’s order vacating the new form. The administrative stay will last until further order from the Fifth Circuit. 

The proposed rule would scale back federal jurisdiction under the Clean Water Act.

By Nikki Buffa, John C. Heintz, Michael G. Romey, Jennifer K. Roy, Lucas I. Quass, and Samantha Yeager

On November 17, 2025, the United States Environmental Protection Agency (EPA) and the Department of the Army, Corps of Engineers (USACE) (together with EPA, the Agencies) announced a proposed rule that would revise the definition of “waters of the United States” (WOTUS) under the

As the shutdown continues, taxpayers should expect longer wait times and ramifications for the 2026 filing season.

By Andrew Strelka

On October 8, 2025, the IRS began furloughing staff as well as closing most operations due to the ongoing government shutdown.

According to an updated shutdown plan released the same day, the IRS is furloughing just under half its workforce, retaining 39,870 employees to continue essential functions such as preparing for the 2026 filing season.

The plan indicates that retained

The shutdown’s effect on federal court proceedings is in flux. For now, most litigants should expect business as usual in the nation’s courthouses, at least in private civil matters.

By Nicholas J. Boyle, Roberto J. Borgert, and Katherine Griffitts

Updated on October 23, 2025

On October 17, 2025, the Administrative Office of the US Courts confirmed that the federal judiciary has exhausted its funding to sustain full, paid operations. Under the Anti-Deficiency Act, court staff may only perform

  • Since the 2014 adoption of asset-level disclosure requirements, there has not been a single public offering of residential mortgage-backed securities. Market participants have cited these requirements as a key barrier to the return of the public securitization market.
  • New and expanding types of asset-backed securities have prompted

The plan seeks to limit AI regulation at the federal and state level, encourages rapid development of AI infrastructure, and warns against ideological bias in models.

By Michael H. Rubin, Sy Damle, Andrew Gass, Ghaith Mahmood, and Fiona M. Maclean

On July 23, 2025, the Trump administration released a 28‑page AI strategy document titled “Winning the Race: America’s AI Action Plan” (the Action Plan or Plan). The Action Plan was drafted pursuant to Executive Order 14179