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McDermott+

McDermott+ Check-Up – June 18, 2025

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THIS WEEK’S DOSE - - Senate Finance Committee Releases Reconciliation Text. The language is subject to change as negotiations continue and the Byrd rule process plays out. - CMS Releases MA Risk Adjustment Audit Methodology...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Crypto in 401(k) Plans? Sure—But Let’s Not Lose Our Minds

Well, that didn’t take long. In what’s becoming a routine political tug-of-war, the Trump administration (yes, back again) has rescinded the Biden-era Department of Labor (DOL) guidance cautioning plan sponsors against...more

Morgan Lewis - Up & Atom

Leadership at the NRC Hanson Dismissed Wright Nominated for Reappointment

The NRC is undergoing a period of transition, including the unexpected departure of Commissioner Christopher Hanson. Commissioner Christopher Hanson Dismissed On June 14, 2025, Commissioner Christopher Hanson was relieved...more

Jones Day

The Climate Report | Second Quarter 2025

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Trump Paves Way for Coal Renaissance and Targets State Climate Change Efforts - In early April, President Trump issued several presidential actions to revive the coal industry, including rolling back environmental...more

Vinson & Elkins LLP

Senate Draft Tax Provisions Impacting REITs and Foreign Investors

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On June 16, 2025, the Senate Finance Committee released its draft tax title for inclusion in the Senate’s version of the budget reconciliation bill, known as the “One Big Beautiful Bill Act” (the “OBBBA”). While the Senate...more

Husch Blackwell LLP

Senate Finance Committee Revises Energy Tax Credit Framework in Proposed Legislation

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On June 16, 2025, the Senate Finance Committee released its version of the “One, Big Beautiful Bill” (OBBB) that would create a steep phase-out of renewable energy tax credits—notably, renewable energy companies would have to...more

Williams Mullen

Virginia Primary Election Report

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On Tuesday, June 17th, Virginia held primary elections to choose the Democratic candidate for Lieutenant Governor and Attorney General. Other statewide candidates, including the Democratic candidate for Governor, Abigail...more

Cozen O'Connor

Broad Street Brief: Parker-Johnson Partnership Modeled After Rendell-Street

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Mayor Parker, Council President Johnson Reviving 90s-Era Collaboration -Over the first year in their respective positions, Mayor Cherelle Parker and City Council President Kenyatta Johnson have intentionally worked to build a...more

Seyfarth Shaw LLP

Trump Rescinds California’s Emission Waivers: What It Means for the Future of EV Mandates - Seyfarth's Future of Automotive Series

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On June 12, 2025, President Trump delivered on his promise to ease the aggressive push led by California and other states to mandate a transition to electric vehicles. At a White House signing ceremony, Trump signed three...more

Jones Day

DOJ Resumes FCPA Enforcement Under New Guidelines Prioritizing the Protection of American Interests

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In response to President Trump's February 10, 2025, Executive Order pausing DOJ FCPA enforcement (the "Executive Order"), on June 9, 2025, the DOJ issued new guidelines (the "Guidelines"), which prioritize the enforcement of...more

Cozen O'Connor

Cozen Currents: Democrats' Not So Invisible Primary

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“As the Democratic Party struggles to find a coherent and effective approach to oppose President Trump and the GOP’s policy agenda, those looking to throw their hat in the ring for the party’s 2028 presidential nomination are...more

McGuireWoods Consulting

Recent Budget Developments: The Recissions Process And Upcoming Legislation

On May 29, 2025, President Trump sent a $9.4 billion rescissions request to Congress, which House Majority Leader introduced as H.R. 4. This package would cancel funding for the U.S. Agency for International Development, U.S....more

Ballard Spahr LLP

President Trump’s Budget Goes To Work Against Enforcement Agencies with Significant Cuts to DOL and NLRB

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President Trump’s proposed budget for Fiscal Year (FY) 2026 includes substantial reductions to the U.S. Department of Labor’s (DOL) budget and staff.  The proposed discretionary budget is slashed from $13.5 billion to $9...more

Hogan Lovells

President Trump issues new travel/visa restrictions on 19 countries

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President Donald J. Trump imposes full travel/visa bans on certain foreign nationals from 12 countries (with some exceptions) and partial travel/visa restrictions on seven other countries focusing primarily on students. The...more

McGuireWoods Consulting

Trump’s Health Care Budget Cuts: Part Three

The President’s Budget Request Impact on Programs for the Disabled and Older Americans Act Programs - This is part three of a series on health care budget cuts....more

Ankura

Reshaping Global Business Strategy: Where Will We Land on Tariffs

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Dive into the world of global trade in the latest episode of The Impact Exchange with John Frehse as he is joined by trade expert Kate Kalutkiewicz!...more

Mayer Brown

New Federal Government Established: What Employers in Germany Can Expect

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Germany's new government—led by former Mayer Brown Partner Friedrich Merz, who serves as Federal Chancellor—has laid out an ambitious agenda for the next four years. Many of the topics addressed on the 144-page-long coalition...more

McDermott+

Healthcare Preview for the Week of: June 16, 2025

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The House is out this week for the Juneteenth holiday, but the Senate will be in town through Wednesday. We expect these three days to be significant because the Senate Finance Committee has announced that it intends to...more

Alston & Bird

Look Ahead to the Week of June 16, 2025: Short Week for Senate Ahead of Juneteenth

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The Senate is in session through Wednesday, while the House is out for the week in anticipation of the Juneteenth holiday. Senate Republicans continue to work on revising the House-passed reconciliation package (H.R. 1)....more

Akin Gump Strauss Hauer & Feld LLP

FCC Announces Tentative Agenda for June 2025 Open Meeting and Senate to Vote on Olivia Trusty’s Nomination

On June 5, the Federal Communications Commission (FCC) released a tentative agenda for its next Open Meeting, which is scheduled to take place on Thursday, June 26 at 10:30 AM ET. This release occurred a day before...more

Maynard Nexsen

Nursing Home Operators Wary of Steep Medicaid Cuts as "One Big Beautiful Bill" Moves to Senate

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Even as long-term care providers celebrate a proposed 10-year moratorium on the nursing home staffing mandate[1], they are sounding the alarm over major Medicaid cuts included in the House-passed budget reconciliation bill...more

Jackson Lewis P.C.

Is the One Big Beautiful Bill Act an Employee Benefits Crystal Ball?

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Takeaways- • Republicans in the U.S. House of Representatives attempt to deliver on President Trump’s campaign promises in the One Big Beautiful Bill Act (BBB or the Act), which passed the House by a razor-thin margin of...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (6/16)

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Gov. Pritzker Signs Seventh Consecutive Balanced Budget- “Governor JB Pritzker, alongside Lieutenant Governor Juliana Stratton and House Speaker Emanuel “Chris” Welch, signed the $55.1 billion FY26 state budget package,...more

Tarter Krinsky & Drogin LLP

Now Is the Time to Revisit Trusts & Estates Plans, as Tax Exemption Law Changes Are on the Horizon

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act by a single-vote margin. This bill adopted many of the recommendations of the House Ways and Means Committee, with a few changes along the...more

Fox Rothschild LLP

Washington, DC Pauses Upcoming Increase to the Tipped Minimum Wage

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The District of Columbia passed emergency legislation on June 3, 2025 that paused an increase to the tipped minimum wage from $10 per hour to $12 per hour, which was originally set to take effect on July 1, 2025. At least for...more

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