The Trump administration has issued a light-touch executive order focused on cyber risks stemming from frontier AI.
By Michael H. Rubin, Andrew Gass, Ghaith Mahmood, Sy Damle, and Fiona Maclean
Key Points:
- The Order directs federal
Latest from Beyond the First 100 Days
President Trump Issues Executive Order on Fintech Innovation, While FRB Proposes Payment Accounts
The Order aims to integrate digital asset providers and innovative technologies into traditional financial services via broader access to the FRB’s payment infrastructure.
By Jenny Cieplak, Zachary Fallon, Arthur S. Long, Parag Patel, Yvette D. Valdez
HSR Update: Fifth Circuit Grants Stay as FTC and DOJ Consider Revisions to HSR Form
The stay pauses litigation over the 2025 HSR form while the FTC and DOJ consider revisions.
By Kyra K. Bromley, Patrick C. English, and Peter M. Todaro
On May 26, 2026, the Fifth Circuit granted the US government’s
DOJ Establishes National Fraud Enforcement Division
The National Fraud Enforcement Division centralizes existing DOJ fraud resources under a single leadership structure, with plans to rapidly expand prosecutorial capacity nationwide.
Key Points
- The National Fraud Enforcement Division is dedicated to investigating and prosecuting fraud against “taxpayer dollars
New CFTC Enforcement Director Speaks on Priorities, Insider Trading in Prediction Markets, and Cooperation
Emphasizing an end to “regulation by enforcement,” the agency will focus on market integrity and fraud offenses and partner with registered exchanges and other authorities.
By Douglas K. Yatter, Catherine Young, and John Federico
On March 31, 2026,
FinCEN Proposes Regulations to Implement Whistleblower Program: 4 Key Takeaways
The program provides new financial incentives for whistleblowers to report information about potential violations of money laundering and sanctions laws.
By Joseph M. Bargnesi, Les P. Carnegie, Andrew P. Galdes, Eric S. Volkman, Douglas K. Yatter
Toxic Substances Control Act in Transition: EPA, Courts, and Congress Race to Define TSCA’s Future
As EPA works to finalize a new existing chemicals risk evaluation framework rule, pending Fifth Circuit decisions and legislation introduced to amend TSCA could complicate the Agency’s plans.
By Julia A. Hatcher, Tom Lee, and Hunter J. Kendrick
Executive Order Proposes New Contract Clause Regarding “DEI Discrimination” By Federal Contractors
A recent executive order specifies forthcoming contract language prohibiting federal contractors and subcontractors from engaging in “racially discriminatory” DEI activities.
By Dean W. Baxtresser, Danielle Conley, Kyle R. Jefcoat, Danielle J. McCall, Anne W. Robinson,
FTC Reverts to “Old” HSR Form After Fifth Circuit Denial of FTC Stay Motion
The ruling impacts those with HSR filings expected to be submitted on or after March 19, 2026.
By Kyra K. Bromley, Patrick C. English, and Peter M. Todaro
The Fifth Circuit has denied the FTC’s motion for a
DOJ Corporate Enforcement Update: The New Department-Wide Self-Disclosure Policy
The corporate enforcement of any potential corporate criminal misconduct is now governed by a DOJ-wide policy.
On March 10, 2026, the US Department of Justice (DOJ) announced a new department-wide “Corporate Enforcement and Voluntary Self-Disclosure Policy” (the CEP). The CEP