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President Trump Issues Executive Action Directing the Repeal of Unlawful Regulations

On April 9, 2025, President Trump issued a presidential memorandum (the order) directing the heads of all Federal agencies to identify unlawful or potentially unlawful regulations that clearly exceed the agency’s statutory...more

Paul S. Atkins Sworn in as SEC Chairman

On April 21, 2025, Paul S. Atkins was sworn in as the new Chairman of the SEC. Mr. Atkins was nominated by President Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025 in a 52 to 44 vote. He replaces...more

SEC Revokes Enforcement Division's Formal Investigation Authority

On March 10, 2025, the SEC voted along party lines to amend SEC regulations in order to rescind the SEC’s delegation of authority to the Director of the Division of Enforcement to issue formal orders of investigation. The SEC...more

SEC Forms Cryptocurrency Task Force and Cyber and Emerging Technologies Unit

Since SEC Commissioner Mark T. Uyeda was named Acting Chairman on January 21, 2025, the SEC has significantly shifted its approach to cryptocurrency regulation and enforcement actions, including through the formation of a...more

President Trump Issues Executive Actions Regarding Federal Agencies

In mid-February 2025, President Trump issued three executive actions (the orders) intended to improve the administration of the executive branch and enhance the accountability of Federal agencies. Among other things, the...more

FDIC Withdraws Proposed Rules Related to Change in Bank Control Act and Other Matters

On March 3, 2025, the Federal Deposit Insurance Corporation (FDIC) withdrew three proposed rules, including its July 2024 proposed amendments to regulations under the Change in Bank Control Act of 1978 (CBCA) that would have...more

President Trump Issues "Regulatory Freeze" Memorandum

On January 20, 2025, President Donald Trump issued a presidential memorandum (Memo) ordering all executive departments and agencies to temporarily pause certain regulatory actions until they can be reviewed and approved by...more

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