Federal funding lapse could slow filings and hearings as US courts shift schedules and staffing.

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

As of October 20, 2025, the federal judiciary’s funding lapse is now disrupting day-to-day court operations. After exhausting fee balances and other non-appropriated funds, several US trial-level courts began reducing activity on Fridays — and in some instances closing courthouses entirely for the day. The changes underscore a new phase of constrained court-by-court

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

OCC Bulletins 2025-22 and 2025-23 clarify the agency’s approach to evaluating banks’ compliance with fair banking practices and protecting customers’ financial records.

By Betty M. HuberArthur S. LongParag PatelPia NaibEd ReynoldsRichard Reynolds, and Deric Behar

The Office of the Comptroller of the Currency (OCC)1 published two bulletins (Bulletins 2025-22 and 2025-23) in September 2025 aimed at eliminating unlawful debanking in the federal banking system. Bulletins 2025-22 and

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

Regulators are directed to avoid reputation risk, identify banks that have engaged in unlawful debanking, and take appropriate remedial actions.

By Marc P. Berger, Betty M. Huber, Arthur S. Long, Benjamin Naftalis, Parag Patel, Stephen P. Wink, Douglas K. Yatter, Pia Naib, and Deric Behar

On August 7, 2025, President Trump issued an executive order titled “Guaranteeing Fair Banking for All Americans” (the Order). The Order, described further in an accompanying fact

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

A new executive order seeks to streamline funding for and construction of data center projects by reducing regulatory red tape.

By Nikki Buffa, Aron Potash, Tal Carmeli, and Shawna Strecker

On July 23, 2025, the Trump administration issued an executive order titled “Accelerating Federal Permitting of Data Center Infrastructure” (the Order). The Order aims to “facilitate the rapid and efficient buildout” of data centers and associated infrastructure such as high‑voltage transmission lines and other equipment by “easing

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

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