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Fiscal & Monetary Policy
United States
Mayer Brown
At the end of March, components of the US Federal Reserve System ("FRS" or the "Fed") prevailed in two lawsuits brought by depository institutions seeking master accounts.
Greenberg Traurig, LLP
On April 4, OMB released its Final Rule revising its Guidance for Grants and Agreements (now titled Guidance for Federal Financial Assistance).
K&L Gates
On Monday, 11 March 2024, the Biden administration released the president's budget request (PBR) for fiscal year 2025 (FY2025), as well as the "Greenbook" containing explanations of the various revenue...
Venable LLP
On March 11, 2024, the White House released President Biden's FY 2025 Department of Health and Human Services (HHS) Budget in Brief, which outlines $130.7 billion in discretionary...
K&L Gates
On 22 February 2024, the US Department of Justice (DOJ) published its report (Report) announcing civil recoveries under the False Claims Act (FCA) for Fiscal Year (FY) 2023.
Duane Morris LLP
On 15 February 2024, the Prime Minister Pham Minh Chinh promulgated Directive No. 06/CT-TTg on the implementation of key tasks after the 2024 Lunar New Year Holiday ("Directive 06").
Alvarez & Marsal
While many state and local governments have weathered the COVID-19 pandemic in good financial shape, they face a variety of major uncertainties and challenges going forward...
Arnold & Porter
As we prepare for a busy February on Capitol Hill, join us to discover what key legislative issues are emerging.
Gray Reed & McGraw LLP
The employee retention credit (ERC) has been a hot topic lately in the tax world. On September 14, 2023, the IRS imposed an administrative moratorium...
Manatt, Phelps & Phillips LLP
On January 16, New York Governor Kathy Hochul released her State Fiscal Year (SFY) 2024-25 Executive Budget, her third since assuming office in August 2021.
Manatt, Phelps & Phillips LLP
Governor Gavin Newsom has unveiled his January budget proposal, which authorizes $291.5 billion in spending, significantly less than the $310.9 billion budget plan enacted just six months ago.
Steptoe LLP
Across the nation, a growing number of states and localities are advancing legislation to prohibit political spending by foreign-influenced U.S. corporations.
Steptoe LLP
Steptoe is tracking the latest developments in the federal appropriations process on behalf of our clients. Below are the top developments you need to know.
Alvarez & Marsal
Local governments face a shifting fiscal environment due to economic uncertainty, increased costs, higher interest rates and a federal COVID funding cliff.
Steptoe LLP
Join us on Monday, December 4 for an exclusive event featuring a conversation with House Rules Chairman and Appropriations Vice Chairman Tom Cole (R-OK) moderated by Leslie Belcher...
Arnold & Porter
Our Legislative & Public Policy team is pleased to provide the November 2023 edition of "Capital Snapshot," a monthly summary of the issues, events, and timelines driving federal policy and political decisions.
Manatt, Phelps & Phillips LLP
On September 20, 2023, Blake Washington, the new director of the New York State Division of the Budget (DOB), issued the annual agency "call letter," which requests that state executive branch agencies...
Wiley Rein
The Inflation Reduction Act offers once-in-a-generation enhanced tax credits and deductions to encourage clean-energy projects – but there are strings attached.
K&L Gates
Artificial Intelligence (AI) continues to drive dialogue among policy makers, industry leaders, and the broader public and presents increasing congressionally authorized federal spending opportunities.
March 2024 – The United States Congress passed the Foreign Extortion Prevention Act (FEPA) as an integral part of the National Defense Authorization Act for Fiscal Year 2024 (NDAA) on 14 December 2023.
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