The Trump administration scrapped the “revenge tax” but has extended the implementation of additional tariffs on more than 50 countries until August 1.
By the Tax Controversy Practice
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the OBBB) into law, making permanent the reduced individual tax rates and brackets established by the Tax Cuts and Jobs Act of 2017 and modifying a number of important tax provisions affecting businesses.1
This blog post highlights the
The administration has signaled a potential softening of cyber regulation for domestic entities, with increasing focus on national security priorities and preparing for the future.
By Antony (Tony) Kim and Michael H. Rubin
The Trump administration’s focus on reshaping the cyber regulatory environment continues with executive order 14306, “Sustaining Select Efforts to Strengthen the Nation’s Cybersecurity and Amending Executive Order 13694 and Executive Order 14144” (EO 14306), which was released on June 6, 2025, and issues sweeping amendments
On July 16, 2025, Latham partners examined the status of clean energy tax credits.
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBB), which significantly rolls back many of the core tax incentives that clean energy projects have relied on since the passage of the Inflation Reduction Act in 2022 and implements a host of new restrictions. A White House executive order issued on July 7, 2025, further complicates the picture for solar
The Department of Labor has taken two recent actions that indicate where the approach to retirement investment policy may go under the new administration.
By Betty M. Huber, Benjamin Rosemergy, Aryeh Zuber, and Austin J. Pierce
Policy on the appropriate management of retirement funds has not been spared the tide of changes in the political landscape. While the language of the Employee Retirement Income Security Act of 1974 (ERISA) sets the standard for plan fiduciaries to act
President Trump’s executive orders and legislative proposals from Congress leverage FDA to help lower drug prices, address anti-competitive practices, and accelerate generic drug approvals.
By J. Benneville (Ben) Haas and William A. McConagha
President Trump signed two executive orders in the last few months aimed at reducing prescription drug costs and addressing drug pricing strategies. On April 15, 2025, he signed an executive order titled “Lowering Drug Prices by Once Again Putting Americans First” in an effort to deliver on
On June 9, 2025, Deputy Attorney General Todd Blanche issued a memorandum (the Guidelines) on “Guidelines for Investigations and Enforcement of the Foreign Corrupt Practices Act (FCPA)” by the US Department of Justice (DOJ).
The Guidelines follow President Trump’s February 10, 2025, executive order (the Executive Order), which directed DOJ to “(i) cease initiation of any new FCPA investigations or enforcement actions, unless the Attorney General determines that an individual exception should be made; (ii) review in detail all existing FCPA investigations or enforcement
If finalized, the rule would eliminate both Obama- and Biden-era limits on GHG emissions from fossil fuel-fired power plants.
By Karl A. Karg, Stacey L. VanBelleghem, Nikki Buffa, Devin M. O’Connor, and G. Jack Mathews
On June 11, 2025, the US Environmental Protection Agency (EPA) released a proposed rule under the Clean Air Act (CAA) titled “Repeal of Greenhouse Gas Emissions Standards for Fossil Fuel-Fired Electric Generating Units” (the Proposed Repeal).
Under the current Obama- and
The executive order shifts policy on enforcement of criminal regulatory offenses, steering away from criminal enforcement of strict liability offenses in regulatory matters.
By Jennifer L. Bragg, Nicholas McQuaid, and Terra Reynolds
On May 9, 2025, President Trump issued an executive order titled “Fighting Overcriminalization in Federal Regulations” (the Order), aimed at reducing criminal enforcement of federal regulatory offenses in general and strict liability offenses, in particular. The Order also includes several requirements for agencies to increase transparency
The Department of Justice has established a new Civil Rights Fraud Initiative, which will leverage the False Claims Act to investigate and pursue claims against recipients of federal funds who “knowingly violate civil rights laws.”
By Danielle Conley, Terra Reynolds, Anne W. Robinson, Jude Volek, and Savannah Burgoyne
In a memorandum dated May 19, 2025, Deputy Attorney General Todd Blanche announced the establishment of a new Civil Rights Fraud Initiative (the Initiative) at the Department of