Public Policy

  • May 22, 2026

    FDIC Proposes AML, Sanctions Rule For Stablecoin Issuers

    The Federal Deposit Insurance Corp. on Friday issued a proposed rule to codify that stablecoin issuers under its supervision must comply with anti-money laundering, Bank Secrecy Act and sanctions requirements and to bolster the FDIC's coordination with the Treasury Department's illicit finance regulators.

  • May 22, 2026

    Texas Justices Side With AG In Austin Rail Appeal Row

    The Texas Supreme Court chastised a lower court for proceeding to the merits instead of settling a jurisdictional question in litigation relating to the $10 billion price tag for Austin's planned light rail system and related bonds, saying Friday that "nothing about this scenario is as it should be."

  • May 22, 2026

    Regions Bank To Pay Feds $4.9M Over PPP Loan Forgiveness

    Regions Bank has agreed to pay more than $4.9 million to settle allegations it was improperly paid by the government after approving forgiveness of a customer's Paycheck Protection Program loan that was ineligible for such treatment, the U.S. Department of Justice announced Friday.

  • May 22, 2026

    CFPB Small-Biz Rule Rollback Tees Up End To Ky. Bank Suit

    Kentucky banks have indicated they will drop their lawsuit over the Consumer Financial Protection Bureau's small-business loan data rule after the agency, now under the Trump administration, significantly scaled back the Biden-era reporting mandate.

  • May 22, 2026

    States Seek Ticketmaster Sale As Live Nation Wants New Trial

    State enforcers say they want a federal court to split up Live Nation and Ticketmaster following a New York federal jury verdict that Live Nation had harmed competition by monopolizing ticket sales for large concert venues, even as the concert promotion giant sought to undo the verdict against it or to be granted a new trial.

  • May 22, 2026

    Alaskan Tribes Renew Ambler Road Fight Over Trump Order

    Alaskan tribal councils have resumed a challenge to a multimillion-dollar project that will construct a 211-mile mining access road through a portion of the Gates of the Arctic National Park and Reserve, arguing its construction will adversely affect "the heart of a rural area" and its wild abundance.

  • May 22, 2026

    Fla. Panel Says Past Payment Cut $200K Police Damages Cap

    A Florida state appeals court Friday reversed a judgment against a sheriff found negligent for injuries in a motor vehicle collision, ruling that a prior indemnity for property loss should have reduced the $200,000 statutory cap on damages for individuals injured by local government entities.

  • May 22, 2026

    Federal Judge Blocks Expanded Red Snapper Fishing Permits

    The Trump administration's expanded recreational red snapper fishing permits for four southeastern states were blocked by a D.C. federal judge Thursday, just hours prior to what would have been the start of open snapper fishing in Florida.

  • May 22, 2026

    What's In The House Surface Transportation Funding Bill?

    The House Transportation and Infrastructure Committee advanced a $580 billion five-year surface transportation reauthorization bill on Friday to fund roads, bridges, transit and rail improvement projects, and highway and motor carrier safety programs, and establish the first-ever federal regulatory framework for autonomous commercial vehicles.

  • May 22, 2026

    Groups Drop Old Claims To Seal Biden-Era Asylum Limits

    Immigration rights groups are arguing with the Trump administration over the status of a Biden-era rule restricting asylum eligibility, with the groups contending that the rule was vacated in 2023 and the U.S. Department of Justice saying final judgment in the case was still pending.

  • May 22, 2026

    Committee Probes Insider Trading On Kalshi, Polymarket

    The House Committee on Oversight and Government Reform opened an investigation into potential insider trading on Kalshi and Polymarket on Friday with letters asking the prediction market platforms to hand over compliance information and documents related to headline-grabbing trades.

  • May 22, 2026

    Texas AG Says Discord Misled Public About Platform Safety

    The Texas attorney general launched a lawsuit against Discord Inc. on Friday, accusing the platform of enabling child sexual exploitation and lying about its safety to parents and the wider public.

  • May 22, 2026

    Lawmakers Say DOJ Left CIA, White House Data Exposed

    Three Democratic lawmakers, citing worries about spying, asked the U.S. Department of Justice to ban the sale of phone location data from sensitive sites, such as the White House, to "hostile foreign nations" like Russia, Iran and China.

  • May 22, 2026

    Khalil Seeks Justices' Review Of 3rd Circ. Detention Ruling

    Mahmoud Khalil said Friday that he will turn to the U.S. Supreme Court after the full Third Circuit declined to rehear a split panel decision overturning district court orders releasing him from immigration detention and prohibiting his retention and removal.

  • May 22, 2026

    Health Workers Say US Solicitor Wrong In NY Vax Case

    The U.S. solicitor general's position that the nation's highest court shouldn't take up a religious bias suit over a New York state COVID-19 vaccine mandate for healthcare workers incorrectly claimed that accommodations were obtainable, the mandate's challengers told the justices Friday.

  • May 22, 2026

    Detained Pa. Immigrants Want DHS To Certify Missing Policy

    A proposed class of immigrant detainees at the U.S. Department of Homeland Security's Moshannon Valley Processing Center in Pennsylvania wants the government to admit it has no record supporting an alleged policy of denying online access to New Jersey courts — a prospect the DHS wants to avoid while agreeing the case can move to discovery.

  • May 22, 2026

    Healthcare Orgs Push DC Court To Block Student Loan Caps

    Professional organizations representing nurses, therapists, public health workers and educators urged a District of Columbia federal court on Thursday to block a rule by the U.S. Department of Education restricting federal student loan eligibility for a host of degree programs, arguing it exceeded the department's authority.

  • May 22, 2026

    OppFi Clinches Win Over $100M Calif. 'Rent-A-Bank' Case

    A California state judge has freed Opportunity Financial from a California state regulator's pursuit of at least $100 million in fines for alleged predatory lending, sealing the fintech firm's victory over long-running "rent-a-bank" claims that threatened its business model in the state. 

  • May 22, 2026

    7th Circ. Not Sure 'Call' Means 'Text' Under TCPA

    Seventh Circuit panelists have expressed skepticism that text messages could be considered "telephone calls" under the Telephone Consumer Protection Act's do-not-call provisions.

  • May 22, 2026

    Tussle Over Sports Prediction Markets Reaches Rhode Island

    Rhode Island has come into the legal fray over sports event contracts, as regulators in the Ocean State trade lawsuits with prediction market platforms over whether those offerings violate the state's sports betting laws.

  • May 22, 2026

    Fed, OCC Urged To Block 'Predatory' Enova's Bank Buy

    A pair of Senate Democrats cautioned financial regulators about greenlighting fintech lender Enova International's application to become a national bank holding company, calling it a "predatory lender."

  • May 22, 2026

    Tenn. Extends Retroactive Tax Break Window For Nonprofits

    Tennessee extended the time frame for eligible nonprofit entities to retroactively apply a property tax exemption under a bill signed by the governor.

  • May 22, 2026

    Bipartisan Bill Would Rein In Gov't Subpoena Overuse

    A bipartisan group of lawmakers has introduced a bill intended to stop the federal government's "abuse" of subpoenas for phone and internet records in order to safeguard individuals' privacy rights.

  • May 22, 2026

    EU, Mexico Sign Trade Deal Reached Last Year

    The European Union and Mexico formally signed a trade agreement Friday that was reached at the beginning of last year but put on hold as U.S. President Donald Trump's trade strategy cast global economic uncertainty for both trading partners.

  • May 22, 2026

    Google Urges DC Circ. To Nix DOJ's Search Win

    Google told the D.C. Circuit Friday the government is using antitrust law to punish a successful competitor as it looks to overturn a trial court's ruling finding that Google illegally maintained its search monopoly.

Expert Analysis

  • New USPTO Procedure May Be A Boon For Patent Owners

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    The U.S. Patent and Trademark Office's new ex parte reexamination procedure, allowing patent owners to file preorder papers to inform the EPR decision process, marks the first meaningful opportunity for owners to prevent EPR, say attorneys at Knobbe Martens.

  • Sizing Up The Rescheduling Hurdles Medical Pot Cos. Face

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    The Justice Department’s recent lowering of certain medical marijuana products to Schedule III means operators — particularly those simultaneously offering federally illegal adult-use cannabis — must implement greater structural discipline to navigate an increasingly fragmented legal landscape if they hope to benefit from new tax deductions and access to capital, say attorneys at Akerman.

  • Mitigating Risks Under New Pay Disclosure Laws In Maine, Va.

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    To prepare for pay transparency laws that go into effect this summer in Maine and Virginia, employers should consider comprehensive audits of existing recruiting, compensation and recordkeeping practices — and be prepared to uncover disparities that create both legal and employee relations risks, say attorneys at Morgan Lewis.

  • 2nd Circ.'s Cantero Redo Complicates Mortgage Escrow Issue

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    The Second Circuit's recent decision in Cantero v. Bank of America reflects the absence of definitiveness in mortgage escrow preemption jurisprudence, leaving lenders to navigate conflicting state rules and pricing challenges amid a deepening circuit split, say attorneys at Sullivan & Cromwell.

  • Looking Beyond Calif. Climate Laws As NY Bills Advance

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    California's climate disclosure legislation has made emissions and risk reporting a practical reality — and now that New York is working on its own climate disclosure bills, companies must confront a future in which compliance systems will need to be ready for multiple states' reporting regimes, says Thierry Montoya at FBT Gibbons.

  • Cuba Sanctions Shift Puts Foreign Cos. In OFAC's Crosshairs

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    A recent executive order marks an extreme shift for foreign companies whose Cuban dealings have no relation to the U.S. and are entirely lawful under the laws of their home jurisdictions, such that their existing ring-fence protocols no longer offer protection from the Office of Foreign Assets Control’s secondary sanctions, says Jeremy Paner at Hughes Hubbard.

  • 5 Rules In 10 Weeks: Inside Genius Act's Implementation Blitz

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    Regulators have proposed five Genius Act rules in a striking span of 10 weeks, building a stablecoin framework that, with the Office of the Comptroller of the Currency at its operational center, will shape oversight and force issuers, banks and fintechs to take action as deadlines approach, say attorneys at Cahill.

  • SEC Enforcement Has Continued Its Asset Management Focus

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    While the total number of U.S. Securities and Exchange Commission enforcement actions is down, certain novel theories of liability have been abandoned, and the SEC has embraced a back-to-basics posture, most of the regulatory risks for asset managers that existed in the prior commission have not gone away, say attorneys at Weil.

  • 5 Risks For US Cos. From New EU Product Liability Directive

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    When the European Union's revised Product Liability Directive takes effect this year, it will fundamentally reshape product liability litigation across all EU member states — so U.S.-based companies operating in Europe should prepare now for broader discovery rules, narrower attorney-client privilege and heightened forum-shopping risks, say attorneys at DLA Piper.

  • Series

    NY Times Word Puzzles Make Me A Better Lawyer

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    Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.

  • Engaging With FDA's New Complete Response Letter Policy

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    A citizen petition filed with the U.S. Food and Drug Administration last month puts renewed focus on the agency's practice of releasing complete response letters in near real time, materially altering the context in which life sciences companies communicate with investors regarding regulatory developments, say attorneys at Debevoise.

  • Data Center Developer Lessons From Maine's Vetoed Ban

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    The regulatory and political dynamics that recently led Maine’s governor to veto a popular bipartisan bill proposing a temporary data center development ban offer a useful template that developers can use to help their projects survive other states' attempts at moratoriums, say attorneys at Thompson Hine.

  • Revised Fed Principles Balance Risk And Remediation

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    The Federal Reserve's recently updated supervisory principles sharpen standards for enforcement actions while rewarding self-identification and remediation, signaling a more transparent approach that could reduce uncertainty and reshape how banks manage examination risk and regulator engagement going forward, say attorneys at Davis Wright.

  • Big Issues Linger After Senate Prediction Market Trading Ban

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    Whether the Senate can — or should — extend prediction market trading restrictions beyond itself will test not only the boundaries of insider trading law, but also the structural limits of legislative power in an era where information itself has become a tradable asset, say attorneys at Benesch.

  • Series

    Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

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