Podcast: Private Fund Regulatory Update: Post-U.S. Government Shutdown
On December 22, 2021, the New York State Department of Labor (“NYDOL”) issued a proposed rule regarding workplace safety committees under the HERO Act. As we have previously reported, the HERO Act requires all employers in...more
In what appears to be a serious black eye for the organization, the World Bank has canceled its prominent “Doing Business” report (which rates the “business environment of the world’s countries”) after an “investigation...more
As we previously discussed, on May 5, 2021, Governor Cuomo signed the NY Hero Act (the Act) into law, codifying health and safety protocols in response to the COVID-19 pandemic. ...more
House Education and Labor Committee Chair Robert C. Scott (D-VA) issued a statement on May 18 criticizing the Biden Administration’s decision to use “the honor system” to report coronavirus vaccination status. He said, “One...more
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
On December 29, Speaker of the House Nancy Pelosi (D-CA) announced that the Select Subcommittee on the Coronavirus Crisis will extend its work into the 117th Congress under the continued leadership of Chairman and Majority...more
Chair of the House Oversight & Reform Economic and Consumer Policy Subcommittee Raja Krishnamoorthi (D-IL) sent a letter to Peter Navarro, Assistant to the President and Director of Trade and Manufacturing Policy, requesting...more
In Washington: Congress continues to debate a new coronavirus relief package, possibly as part of a government spending bill due December 11. Here are the latest developments...more
The Congressional Oversight Commission issued a statement on the Secondary Market Corporate Credit Facility (SMCCF), noting that the SMCCF “is still purchasing approximately $20 million worth of corporate bonds per day. The...more
In response to requests from House Select Subcommittee on the Coronavirus Crisis Chair James Clyburn (D-SC), four companies that collectively received $595 million in Payroll Support Program funds have committed to retain...more
Several news outlets reported that former Joint Chiefs of Staff Chairman Joseph Dunford is the leading contender to chair the Congressional Oversight Commission—a position that, under the CARES Act, must be jointly selected...more
The House Select Subcommittee on the Coronavirus Crisis launched an investigation into the disbursement of PPP funds by sending letters to the Treasury Department, SBA, and eight financial institutions. The letters were...more
On Monday, June 1, 2020, federal lawmakers proposed the Exposure Notification Privacy Act (“ENPA”), a piece of bipartisan legislation aimed at protecting consumer privacy and promoting public health in the development of...more
On May 18, 2020, the Congressional Oversight Commission released its first report relating to $500 billion in Department of Treasury funding available under Subtitle A of the CARES Act. ...more
On April 23, 2020, the U.S. House of Representatives voted 212-182 to establish the Select Subcommittee on the Coronavirus Crisis (the “Subcommittee”) as a select investigative subcommittee of the House Committee on Oversight...more
The president signed into law on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), providing $2.2 trillion of emergency appropriations. The CARES Act provides a wide range of economic relief...more