News & Analysis as of

Administrative Appointments

White House announces next FDIC chairperson

by Ballard Spahr LLP on

The White House announced that President Trump intends to nominate James Clinger to be a FDIC member for a six-year term and to be Chairperson for a five-year term, effective November 29, 2017 when the current FDIC...more

Replacement at the Head of the U.S. Patent and Trademark Office

by Miles & Stockbridge P.C. on

Michelle K. Lee, Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (USPTO) for more than two years, submitted a letter of resignation on the afternoon of Tuesday, June...more

President Trump expected to nominate Joseph Otting to head OCC

by Ballard Spahr LLP on

The American Bankers Association and numerous media sources, including Politico and American Banker, have reported that the White House has announced that President Trump will nominate Joseph Otting to serve as Comptroller of...more

Senate Committee Votes "Yea" on FERC Nominees

by Pierce Atwood LLP on

The Senate Energy and Natural Resources Committee just voted on the nominations of Neil Chatterjee and Rob Powelson to be FERC Commissioners. ...more

Under the Dome: Inside the Maine State House

by Pierce Atwood LLP on

Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Mary Mayhew Resigns as HHS Commissioner; Ricker Hamilton Appointed Acting Commissioner - Governor...more

EIB Energy Highlights: FERC Nominees to Restore Quorum, Clean Power Plan Rescission, Infrastructure Bills & More

by Moore & Van Allen PLLC on

Our goal is to serve as a leading-edge resource for companies navigating the rapidly evolving landscapes of the domestic and global energy markets. Moore & Van Allen’s EIB Energy Highlights is a complement to our Energy...more

Senate Committee Hearing on FERC Nominees

by Pierce Atwood LLP on

Last week the Senate Committee on Energy and Natural Resources held a hearing to consider the nominations of Robert Powelson and Neil Chatterjee to serve as Commissioners of FERC. Mr. Powelson is currently a Pennsylvania...more

Weekly Update Newsletter - May 2017 #3

by PilieroMazza PLLC on

SBA Administrator Linda McMahon Appoints Four Senior Executives, SBA PRESS RELEASE (May 25, 2017) - Administrator Linda McMahon of the U.S. Small Business Administration (SBA) announced the appointment of four new...more

U.S. Senate’s Energy And Natural Resources Committee Hears Testimony Of FERC Nominees, Begins Process To Reestablish Needed FERC...

by McCarter & English, LLP on

Federal Energy Regulatory Commission nominees Robert Powelson and Neil Chatterjee testified yesterday before the U.S. Senate Committee on Energy and Natural Resources. The two Republican nominees—Mr. Powelson, Chairman of the...more

Does FERC's Authority to Delegate Functions to Staff Survive the Loss of an Agency Quorum?

by Stinson Leonard Street on

On May 25th, the Senate Committee on Energy & Natural Resources will hold hearings on President Trump's nominations to fill two commissioner vacancies on the Federal Energy Regulatory Commission (FERC). If confirmed, the...more

NLRB’s Micro-Union Standard May Be Set For Reversal

Change is coming. We noted recently that the administration is thinking about changing the newly adopted persuader regulations. We also know that a majority of make-up of the NLRB is likely to shift very soon, and with it...more

This Week In Securities Litigation

by Dorsey & Whitney LLP on

The new Chairman continues to build out the senior staff, making key appointments. Specifically, the Chairman appointed: Jaime Klima, formerly co-chief of staff under Acting Chairman Piwowar, as his Chief Counsel; Lucas...more

Corporate and Financial Weekly Digest - Volume XII, Issue 18

SEC/CORPORATE - US District Court Holds That Discretionary Tax Withholding is Exempt Under 16b-3 - Several companies have received shareholder letters seeking to recover short-swing profits from insiders under Section...more

Senator Schumer recommends Rohit Chopra to fill Democratic FTC seat

by Ballard Spahr LLP on

Numerous media sources have reported that Senate Minority Leader Chuck Schumer has recommended Rohit Chopra to fill the open Democratic seat on the FTC....more

Trump to Nominate Neil Chatterjee and Rob Powelson for FERC Vacancies

by Pierce Atwood LLP on

Monday night, President Donald Trump announced his intention to nominate Republicans Neil Chatterjee and Rob Powelson to the Federal Energy Regulatory Commission (FERC). FERC has been operating without a quorum since the...more

What to Watch for From the New SEC Chairman

Last Thursday, Jay Clayton was officially sworn in as the new Chairman of the Securities and Exchange Commission. As the new Chairman takes office, here are a few things we’re keeping an eye on...more

Corporate and Financial Weekly Digest - Volume XII, Issue 17

SEC/CORPORATE - On May 4, Jay Clayton was sworn into office as the new chairman of the Securities and Exchange Commission. As discussed in the January 6 edition of the Corporate & Financial Weekly Digest, Mr. Clayton was a...more

CFTC Announces Director of the Office of Legislative Affairs

by Shearman & Sterling LLP on

The US CFTC announced that N. Charles Thornton III has been named the CFTC’s Director of...more

Clayton Sworn in as SEC Chairman

by WilmerHale on

Jay Clayton was sworn in on May 4 as Chairman of the US Securities and Exchange Commission, following his confirmation by the Senate on May 2 by a 61 to 37 vote. While Chairman Clayton has not announced an agenda for his...more

Trump Administration appointee to serve as OCC Acting Comptroller

by Ballard Spahr LLP on

The Treasury Department has issued a press release announcing that Treasury Secretary Mnuchin plans to appoint Keith A. Noreika as a Deputy Comptroller and designate him the First Deputy Comptroller of the OCC.  Effective May...more

The Trump Administration's First 100 Days

by Littler on

On April 29, 2017, the first 100 days of the Trump administration came to an end. A government shutdown was averted after the White House and Congress reached a spending deal, and the U.S. Supreme Court seat left vacant by...more

Acosta Takes the Helm

by Seyfarth Shaw LLP on

Seyfarth Synopsis: Last Thursday, the Senate confirmed Alexander Acosta as the 27th United States Secretary of Labor. Filling the final post in President Trump’s cabinet, Acosta will lead a Department of Labor that has,...more

Makan Delrahim Nominated to Head DOJ Antitrust Division

by Baker Donelson on

On March 27, President Donald Trump nominated Makan Delrahim to serve as Assistant Attorney General and head of the DOJ Antitrust Division, a position that requires Senate confirmation. The Senate Judiciary Committee...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Investors’ decreasing appetite for actively managed mutual funds appears to have helped drive the major shake-up at AllianceBernstein Holding, which said so long to CEO Peter Kraus and removed nine board members in favor of 6...more

DOL Finally Has Its Leading Guy

Last week, the Senate confirmed R. Alexander Acosta (R) to become the new Secretary of Labor by a vote of 60-38. Acosta’s appointment and confirmation come after President Donald J. Trump’s prior nominee, Andrew Puzder,...more

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