President Biden’s American Jobs Plan includes ambitious spending proposals and modifications of the tax code that will affect businesses in all sectors of the U.S. economy.
President Biden announced the American Jobs Plan...more
4/20/2021
/ Affordable Housing ,
Airports ,
Biden Administration ,
Bridges ,
Broadband ,
Carbon Capture and Sequestration ,
Clean Energy ,
Electric Vehicles ,
Energy Efficiency ,
Energy Storage ,
Highways ,
Infrastructure ,
Manufacturers ,
Power Grid ,
Public Transit ,
Railways ,
Research and Development ,
Roads ,
Supply Chain ,
Tax Code ,
Water
President Biden signs relief bill into law and begins implementation.
President Biden has now signed the American Rescue Plan Act, a $1.9 trillion investment and stimulus package designed to address the ongoing COVID-19...more
3/12/2021
/ Affordable Housing ,
American Rescue Plan Act of 2021 ,
Child Care ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Economic Injury Disaster Loans ,
Economic Stimulus ,
Families First Coronavirus Response Act (FFCRA) ,
Immigrants ,
Joe Biden ,
Mortgages ,
Paycheck Protection Program (PPP) ,
Public Health ,
Public Schools ,
Relief Measures ,
Rental Assistance Programs ,
Restaurant Industry ,
State Aid ,
Vaccinations ,
Virus Testing
As savvy investigators in Congress and the Biden-Harris Administration prepare for new and expanded government investigations, it is time for potential targets to assess and address their vulnerabilities.
Investigators in...more
1/28/2021
/ Biden Administration ,
CARES Act ,
CFIUS ,
China ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Diversity and Inclusion Standards (D&I) ,
Environmental Policies ,
Federal Contractors ,
Financial Services Industry ,
Fraud and Abuse ,
GAO ,
Government Investigations ,
National Security ,
Oversight Committee ,
Pharmaceutical Industry ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
TARP ,
Technology Sector
Last week, President Biden released a fact sheet summarizing a proposed $1.9 trillion COVID-19 stimulus package, which promises to have a broad reaching impact on U.S. businesses.
The proposal includes a $15 billion grant...more
1/21/2021
/ Biden Administration ,
Budget Reconciliation ,
Clean Energy ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Economic Stimulus ,
Educational Institutions ,
Families First Coronavirus Response Act (FFCRA) ,
Popular ,
Public Utility ,
Relief Measures ,
Sick Leave ,
Small Business ,
Small Business Loans ,
Technology Sector ,
Tenants ,
Vaccinations ,
Venture Capital
New federal requirements in the annual national defense budget reauthorization effectively will end anonymous U.S. shell companies by requiring businesses to disclose 25 percent owners and control persons to a newly created...more
1/6/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Drug Trafficking ,
Financial Institutions ,
FinCEN ,
Fraud ,
Guidance Update ,
Human Trafficking ,
Law Enforcement ,
Patriot Act ,
Penalties ,
Regulatory Requirements ,
Reporting Requirements ,
Shell Corporations ,
Terrorist Acts ,
U.S. Treasury ,
Virtual Currency ,
Whistleblowers
After months of deadlock, a $900 billion stimulus package promises direct payments, unemployment benefits and small business aid.
On December 27, President Trump signed into law a $900 billion COVID relief package and a...more
1/4/2021
/ CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Economic Impact Payments ,
Economic Injury Disaster Loans ,
Economic Stimulus ,
Employee Retention ,
Eviction ,
Fraud ,
Moratorium ,
Pandemic Unemployment Assistance (PUA) ,
Pandemic Unemployment Emergency Compensation (PUEC) ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SNAP Program ,
Tax Credits ,
Unemployment Benefits ,
Vaccinations
With potential gridlock in Congress and a national public health and economic crisis requiring immediate action, businesses can expect President-elect Biden to take swift action by using his executive power upon taking...more
12/23/2020
/ Biden Administration ,
Climate Change ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Defense Production Act ,
Executive Powers ,
Foreign Policy ,
Immigration Reform ,
Loan Forgiveness ,
OSHA ,
Popular ,
Public Health Emergency ,
Public Policy ,
Student Loans
A closely divided Congress will limit financial services legislation but Biden appointees in key regulatory positions will have a large impact on the financial services policy agenda.
The Biden administration is likely to...more
12/10/2020
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Biden Administration ,
CFTC ,
Community Reinvestment Act ,
Consumer Financial Protection Bureau (CFPB) ,
Dodd-Frank ,
Economic Growth Regulatory Relief and Consumer Protection Act ,
Fair Lending ,
FDIC ,
Financial Products ,
Financial Services Industry ,
FinTech ,
National Bank Act ,
OCC ,
Popular ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Special Purpose National Bank Charter
President-Elect Biden won a mandate to bring normalcy back to government and to seek bipartisan compromise where possible.
The makeup of the U.S. Senate may limit the Biden Administration’s ability to deliver its most...more
11/10/2020
/ Biden Administration ,
Coronavirus/COVID-19 ,
Education Reform ,
Energy Sector ,
Environmental Policies ,
Ethics ,
Executive Powers ,
Financial Services Industry ,
Foreign Policy ,
Gig Economy ,
Healthcare Reform ,
Infrastructure ,
Political Campaigns ,
Popular ,
Social Media Policy ,
Tax Reform ,
Trade Policy
Senator Mitch McConnell expresses new interest in passing a COVID-19 relief package in the lame-duck session.
Despite agreeing on the need for a COVID-19 relief package, Republicans in the Senate and Democrats in the House...more
11/10/2020
/ Business Losses ,
CARES Act ,
Coronavirus/COVID-19 ,
Defense Production Act ,
Economic Stimulus ,
Federal Aid ,
Government Shutdown ,
Paycheck Protection Program (PPP) ,
Small Business ,
Unemployment Benefits ,
Virus Testing
In this election cycle, technology and internet policy is a persistent factor across multiple issue areas. With implications for national security, economic equality, infrastructure and market regulation, the next...more
11/4/2020
/ California Consumer Privacy Act (CCPA) ,
China ,
Communications Decency Act ,
Data Privacy ,
Data Protection ,
Department of Defense (DOD) ,
Department of Justice (DOJ) ,
Donald Trump ,
Fair Labor Standards Act (FLSA) ,
FCC ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Gig Economy ,
Internet ,
Joe Biden ,
PACT Act ,
Popular ,
Remote Learning ,
Research and Development ,
SHIELD Act ,
Standard Contractual Clauses ,
Telehealth
Pillsbury’s political law and public policy groups break down the need-to-know numbers for this year’s election. Pillsbury’s Election Night Guide examines the potential outcomes for the 2020 Presidential election, as well as...more
Commerce Department’s Economic Development Administration has started disbursing some of its allocated $1.5 billion in recovery assistance for local communities to address the impacts of the COVID-19 pandemic.
The U.S....more
As confirmation hearings are held for Special Inspector General for Pandemic Recovery, the DOJ announces its first major indictments for violations of the CARES Act.
DOJ and Leaders in Congress are turning to aggressive...more
The Department of Education releases amount of CARES Act funding each institution will receive.
The Department of Education (ED) has released the amount of federal funds each institution of higher education (IHE) will...more
Newly enacted COVID-19 legislation includes $14 billion in emergency appropriations for higher education and other relief measures.
“Education Stabilization Fund” appropriates more than $14 billion to institutions of...more
The $2 Trillion Stimulus Package will provide financial assistance and loan programs to all corners of the economy.
The U.S. Senate passed a massive aid package designed to provide aid to states, industry and workers...more
New York orders extraordinary measures requiring financial institutions to meet financial needs of and ameliorate the challenges being faced by customers affected by COVID-19.
New York State has implemented extraordinary...more
New York orders extraordinary measures requiring financial institutions to meet financial needs of and ameliorate the challenges being faced by customers affected by COVID-19.
- New York State has implemented...more
What Organizations Need to Know about Congress’s Major Coronavirus Response Bill -
Congress has now passed a significant piece of bipartisan legislation aimed at addressing the economic impacts of the COVID-19 pandemic....more
Legislators and agency leaders urge bankers to minimize adverse financial impacts on consumers affected by COVID-19 pandemic and ensure business continuity.
- Federal financial regulators have recommended through a joint...more
The results of the 2018 election should trigger a flood of Congressional investigations.
House Democratic committee leaders are eager to shine a light on alleged malfeasance or corruption....more
11/21/2018
/ Anti-Corruption ,
Congressional Committees ,
Congressional Investigations & Hearings ,
Criminal Investigations ,
Election Results ,
Government Investigations ,
Legislative Agendas ,
Private Sector ,
Regulatory Agenda ,
Regulatory Oversight Committee ,
Subpoenas ,
Trump Administration
The 2018 Midterm Election played out as most poll forecasters speculated. Although several races have yet to be decided, Republicans have retained control of the Senate, but lost at least 29 seats, allowing the Democrats to...more
11/8/2018
/ Corporate Counsel ,
Critical Infrastructure Sectors ,
Cross-Border ,
Cybersecurity ,
Department of Homeland Security (DHS) ,
Department of Transportation (DOT) ,
Deregulation ,
Energy Sector ,
Environmental Policies ,
Financial Services Industry ,
Food and Drug Administration (FDA) ,
Healthcare ,
Legislative Agendas ,
Popular ,
State and Local Government ,
Tax Reform ,
Trade Relations ,
Trump Administration
Mick Mulvaney is secure in his new title as Acting Director of the Consumer Financial Protection Bureau (CFPB)—at least for now—as a result of a Trump-appointed judge’s decision, issued on November 28, 2017. The decision came...more
12/1/2017
/ Administrative Agencies ,
Consumer Financial Protection Bureau (CFPB) ,
Declaratory Rulings ,
Director Nominations ,
Dodd-Frank ,
Federal Reserve ,
Federal Vacancies Reform Act ,
Presidential Appointments ,
Richard Cordray ,
Trump Administration ,
Vacancies Act
In a shock to investors and political analysts around the world, Donald J. Trump won the 2016 Presidential election, putting the Republican Party in charge of the White House and Congress for the first time in a decade. Even...more