Senators Push Back Crypto Bill Vote To September

By Aislinn Keely

Senate Majority Leader John Thune, R-S.D., has confirmed that the Clarity Act to regulate cryptocurrency markets won't get a vote until the chamber returns from its August recess, but lawmakers on both sides of the aisle have committed to continued negotiations.

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Trump Renews Bid To Oust Fed's Cook Over Mortgage Claims

By Rae Ann Varona and Jon Hill

The White House has notified Federal Reserve Gov. Lisa Cook that President Donald Trump is "considering" moving again to oust her from the central bank, setting up another potential legal battle after the U.S. Supreme Court blocked her removal in June.

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OCC Denies EU Fintech's Charter Bid Over 'Significant' Gaps

By Jon Hill

The Office of the Comptroller of the Currency has denied European digital bank Bunq's application to charter a U.S. bank, citing "significant" concerns around the financial resources, business plan and managerial competence of the proposed offshoot.

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US Bancorp Is Latest To Flag Debanking Scrutiny From Feds

By Jon Hill

U.S. Bancorp has become the latest big bank to formally disclose to investors that multiple federal authorities are scrutinizing it in connection with President Donald Trump's push to crack down on so-called debanking, or account closures perceived as politically biased.

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CFTC Warns Gambling-Style Prices Mislead Contracts Traders

By Lauren Berg

The U.S. Commodity Futures Trading Commission Friday told prediction markets under its supervision that they must display clear pricing information for event contracts, warning such entities that they cannot list prices in ways that look like gambling odds.

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Novig Says NY, Mass. Laws Threaten CFTC-Regulated Trades

By Sydney Price

Sports betting app Novig, which is suing Massachusetts and New York over their gambling and sports wagering laws, says emergency relief is needed for the company to continue carrying out its operations in New York.

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Coinbase Can't Dodge Michigan Rules On Sports Contracts

By Susan Smiley

Federal law does not preempt Michigan's authority to regulate sports-based derivatives, a Michigan federal judge said in a Thursday order denying Coinbase Financial Markets' request for a preliminary injunction against Michigan state officials.

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Kalshi Wants Utah Gambling Law Blocked Pending Appeal

By Tom Lotshaw

Kalshi has urged a federal judge to issue an injunction barring Utah from enforcing its anti-gambling laws against the company's prediction markets while it appeals a ruling holding the state could do so.

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GoFundMe Tricked Donors Into Paying Default Tips, Suit Says

By Allison Grande

Online fundraising platform GoFundMe is using deceptive website design practices to trick consumers into paying optional "tips" that wholly benefit the company and are automatically tacked onto their donations without their explicit consent, according to a putative class action filed in Illinois federal court. 

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Calif. OppFi Suit Outlines Key Criteria For Bank Partnerships

A California state court's recent ruling in OppFi v. Hewlett offers fintech-bank partnerships a blueprint for structuring lending programs to withstand future true lender challenges, while signaling that enforcement theories may face added scrutiny under the state's ban on underground regulations, say attorneys at Womble Bond.

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How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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HSF Kramer, Taft Hit By Data Breaches

By Craig Clough

Herbert ‌Smith Freehills Kramer LLP and Taft Stettinius & Hollister LLP recently reported data breaches to state regulators, adding to the dozens of breaches law firms in the U.S. have suffered in 2026. 

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Legal Services Hiring Is 'Firing On All Cylinders,' Recruiter Says

By Tracey Read

The legal sector saw job gains for the fourth month in a row, adding 1,000 positions in July, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

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Financial Market Bolsters ABA Budget Amid Member Decline

By Emily Sawicki

A booming stock market has buoyed the overall net assets for the American Bar Association, keeping the organization's balance sheet in the black following the Trump administration's cancellation last year of millions of dollars in grants. 

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New AI Policy At Columbia Law Permits Use Within Guardrails

By Andrea Keckley

Columbia Law School has issued a new policy on the use of artificial intelligence, permitting its use to "support learning" and "perform specific functions" while restricting its role in generating written work or coming up with original arguments and legal analyses.

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Senate Confirms Todd Blanche To Be AG

By Courtney Bublé

The U.S. Senate voted 50-49 in the early hours of Saturday to confirm acting Attorney General Todd Blanche to the permanent position.

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CoStar Fights CREXi Bid To Stay Suit Over Quinn Emanuel DQ

By Rose Krebs

CoStar is urging a California federal court to reject a bid by Commercial Real Estate Exchange Inc., or CREXi, to pause a copyright suit while CREXi asks the Ninth Circuit to undo the disqualification of its Quinn Emanuel Urquhart & Sullivan LLP attorneys, arguing the stay request is "unsupported by law."

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Nat'l Science Org. To Review Judiciary's Nixed Climate Chapter

By Jack Karp

The National Academy of Sciences will review the process used to develop a controversial chapter on climate science that has been removed from the federal judiciary's guide to scientific evidence, according to a Friday announcement.

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Summer's Last NYC Public Defender Strike Ends With Deal

By Andrea Keckley

The Bronx Defenders union said it has struck a deal with the organization's management, ending the last public defender strike in New York City this summer.

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Trump Picks FCC Lawyer As Agency's 3rd Republican

By Christopher Cole

President Donald Trump on Friday picked Danielle Thumann Severs, an in-house lawyer at the Federal Communications Commission, to fill an open seat on the regulatory board.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

The U.S. Department of Homeland Security said businesses with at least 50 employees, at least half of whom are H-1B or L-1 visa holders, must pay a biometric screening fee anytime they file an application to extend the workers' visas. In the meantime, a federal judge found that the former CEO of RTI Surgical Holdings misled investors by failing to disclose that the surgical implant company regularly shipped orders early to artificially inflate its quarterly revenues. These are among the stories in corporate legal news you may have missed in the past week.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen Cleary Gottlieb sue a former client it advised on the proposed sale of a holding company and the continuation of litigation between pharma giants Merck Sharp & Dohme and Merck KGaA over rights to the Merck name in the U.K.

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Law360's Legal Lions Of The Week

By Kevin Penton

Motley Rice LLC leads this week's edition of Law360 Legal Lions, after a New Mexico judge ordered Meta Platforms to create a $567 million abatement fund and take additional measures to protect its youngest users.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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