News & Analysis as of

Office of Management and Budget

Office of Management and Budget Offers Guidance on Executive Order Aimed at Reducing Regulation

by King & Spalding on

On April 5, 2017, the Office of Management and Budget (OMB) issued a memorandum that outlines the proper procedures for agencies to comply with Executive Order (EO) 13771. EO 13771 was issued on January 30, 2017 with goals...more

"President Trump’s 2018 Budget Blueprint: Takeaways for Infrastructure Investors"

On March 16, 2017, the Office of Management and Budget released “America First: A Budget Blueprint to Make America Great Again” (the Blueprint), which outlines the Trump administration’s discretionary funding proposals for...more

President Trump Issues “Buy American and Hire American” Executive Order With Significant Federal Procurement Implications

by King & Spalding on

On April 18, 2017, President Donald Trump signed another executive order with potentially significant implications for international trade and U.S. manufacturers. Building on his previous executive orders addressing...more

OMB Guidance Weakens President Trump’s Executive Order on Deregulation

by Freeborn & Peters LLP on

The Office of Management and Budget (OMB) recently released a guidance document on the subject of President Trump’s January 30, 2017 executive order, EO 13771, titled “Reducing Regulation and Controlling Regulatory Cost.” ...more

FDA in the Era of Trump: How the Agency and the Products it Regulates Could Fare

by Saul Ewing LLP on

On April 11, 2017, White House Budget Director Mick Mulvaney announced that the Trump administration would be lifting a federal hiring freeze, which the President instituted on January 23, 2017. Unfortunately for current and...more

Will New Administration Speed VA Summary Prospectus?

by Carlton Fields on

President Trump’s nominee for SEC Chairman, Jay Clayton, could speed authorization of the variable annuity (VA) summary prospectus and related layered disclosure and shortened underlying fund report to shareholders. Doing so...more

The DOL Fiduciary Rule Is No Time To Celebrate

by Ary Rosenbaum on

The Department of Labor (DOL) sent the final rule to the Office of Management and Budget that will delay the implementation of the fiduciary rule. While some brokers may think it’s a time to celebrate, there is no room to...more

Extreme Vetting for Visa Applicants – Just not for the Countries in the Travel Ban

by Fisher Phillips on

Subsequent to President Trump’s March 6, 2017 Executive Order Suspending travel to the US of certain nationals and Presidential Memorandum directing the Secretary of State, the Attorney General, and the Secretary of Homeland...more

What’s New in Washington: 10 Things You Need to Know

As the Trump presidency completes its first 10 weeks, the administration is celebrating big wins on the regulatory reform front while nursing some wounds from a major defeat on efforts to repeal and replace the Affordable...more

OMB Publishes Report On Cybersecurity In 2016

by King & Spalding on

On March 10, 2017, the Office of Management and Budget (“OMB”) released its annual report to Congress under the Federal Information Security Modernization Act of 2014. The report compiles fiscal year 2016 information from...more

OMB Signs Off on U.S. EPA’s 2017 Construction Stormwater Permit

by Beveridge & Diamond PC on

Spared by the Office of Management and Budget from the Trump Administration’s regulatory freeze, the U.S. Environmental Protection Agency’s (EPA) 2017 National Pollutant Discharge Elimination System General Permit for...more

Trump's Proposed 2018 Budget Will Double FDA User Fees

by Foley & Lardner LLP on

During his speech last month to a joint session of Congress, President Trump called out the U.S. Food and Drug Administration for its “slow and burdensome approval process.” Those comments came on the heels of Trump’s...more

Trump Administration's Budget Blueprint Calls For Significant Impacts to Environmental Programs

by Holland & Knight LLP on

The Trump Administration unveiled significant rollbacks in funding for federal agencies when it released its Budget Blueprint to Make America Great Again on March 16, 2017. The President's proposed budget priorities would...more

Trade Associations Ask OMB to Review EEO-1 Pay Data Report

Over the last couple of weeks, much of the media in Washington, D.C., has turned its attention to the new director of the Office of Management and Budget (OMB), former South Carolina congressman Mick Mulvaney. This is because...more

OMB Claims Federal Progress on FISMA in 2016 But Much Work Remains

Earlier this week, the White House Office of Management and Budget (“OMB”) issued its 2016 Federal Information Security Modernization Act (“FISMA”) Annual Report. FISMA (last amended 2014) charges OMB with tracking the extent...more

OMB’s Federal Budget Blueprint

The Blueprint only provides details on discretionary spending proposals. The full budget, to be released later this spring, will include specific tax proposals and a “full fiscal path.” The Blueprint recommends the...more

Administration’s OMB budget blueprint proposes 13% cut and elimination of many HUD programs

by Ballard Spahr LLP on

The Office of Management and Budget (“OMB”) released the Trump administration’s budget blueprint today, providing a general overview of the budget request it intends to present to Congress later this Spring. As outlined, the...more

CFPB covered by executive order on plan for reorganizing the executive branch

by Ballard Spahr LLP on

President Trump has signed a new executive order entitled “Presidential Executive Order on a Comprehensive Plan for Reorganizing the Executive Branch.” Unlike the regulatory freeze memo issued on Inauguration Day by...more

Federal Agencies Hit with 30,899 Cyberincidents in 2016

The Office of Management and Budget (OMB) released a report this week indicating that federal agencies experience almost 31,000 cyberincidents in 2016. The Federal Deposit Insurance Corporation was responsible for 10 of 16...more

POTUS Calls For Plan to Improve the Efficiency, Effectiveness and Accountability of Federal Agencies

Yesterday, the White House published a Presidential Executive Order on a Comprehensive Plan for Reorganizing the Executive Branch directing the Director of the Office of Management and Budget, after a period of review and...more

Trump Executive Order Calls for Plan to Reorganize Executive Branch

President Trump has issued an Executive Order directing the Director of the Office of Management and Budget (Director) to propose a plan to reorganize governmental functions and eliminate unnecessary agencies (as defined in...more

The SEC’s Proposed Changes to Rule 15c2-12 Could Have Far-Reaching Impact on Issuers and Obligors of Municipal Securities

by Foley & Lardner LLP on

On March 1, 2017, the Securities and Exchange Commission (“SEC”) issued Release No. 34-80130 (the “Release”) proposing several amendments to its Rule 15c2-12 (the “Rule”) that would add two new events to the list of events...more

OMB Submits FISMA Annual Report for 2016

by Balch & Bingham LLP on

On March 10, 2017, the White House Office of Management and Budget (“OMB”) released its 2016 Federal Information Security Modernization Act (“FISMA”) Annual Report to Congress. The FISMA Report describes the current state of...more

Patents in the Trump Administration: the 2-for-1 order

by Brinks Gilson & Lione on

Everyone in the IP community wonders if President Donald Trump will create a new order in the IP field much the same way he has approached other areas of the government. We had our first glimpse recently when President Trump...more

EPA Extends Comment Period On Safer Choice Logo Redesign

by Bergeson & Campbell, P.C. on

On March 6, 2017, the U.S. Environmental Protection Agency (EPA) announced in the Federal Register that an information collection request (ICR) had been submitted to the Office of Management and Budget (OMB) regarding...more

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Cybersecurity

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