House Financial Services Committee Holds Hearing on the Financial CHOICE Act of 2017

On April 26, 2017, the Financial Services Committee of the U.S. House of Representatives held a hearing entitled “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers and Entrepreneurs.” The hearing examined the discussion draft of the “Financial CHOICE Act of 2017,” (or “CHOICE Act 2.0”) which was introduced by Committee Chairman Rep. ...›

April 20, 2017Technology

Tech Companies Figure Out What Washington Has Not: Education and Training are Essential to Employing Americans in the Modern Economy

Much of President Trump’s success in connecting with American voters during his presidential campaign can be attributed to a powerful campaign mantra: a promise to bring back “jobs, jobs, jobs.” Soon after taking office, Mr. Trump began working to fulfill his promise, convening a summit with 24 CEOs of technology and manufacturing companies to discuss ...›

The Russians Are Coming. Again.

Foreign intrusion into U.S. elections undermines our core democratic values and poses serious national security threats, according to Morrison & Foerster’s John P. Carlin, the former Assistant Attorney General for National Security.  In his Politico op-ed, “The Russians Are Coming. Again.,” John argues that the most startling revelations from the March 20, 2017 House Intelligence ...›

FAA Announces First Ever Drone-Specific Airspace Restrictions

On April 7, 2017, the Federal Aviation Administration (FAA) announced that it would use its preexisting authority under 14 C.F.R. § 99.7 to “address national security concerns about unauthorized drone operations over 133 military facilities.”  The new restrictions seek to keep unauthorized drone operators from flying in, near, or over military facilities.  Failure to comply ...›

March 31, 2017Data Privacy + Cybersecurity

Can Border Agents Search Your Phone?

While not a new practice, border searches of international travelers’ electronic devices have garnered a great deal of media attention in recent months and appear to be on the rise.  This article provides practical tips for protecting sensitive data at the border, as well as background on the legal basis and Department of Homeland Security ...›

March 30, 2017Energy + Environment

New Executive Order Scraps Obama Era Environmental Policy

President Trump issued an executive order titled “Promoting Energy Independence and Economic Growth” on March 28, 2017, which outlines the following initiatives: Review:  The order requires agencies to (1) review existing regulations, orders, guidance, and policies that “potentially burden the development or use of domestically produced energy resources,” and (2) submit within 45 days a ...›

March 29, 2017Government Contracts

The Future of an Innovative Agency in Limbo Under Trump

Founded in August 2015 by Secretary of Defense Ash Carter, the Defense Department’s Defense Innovation Unit Experimental, or DIUx, has been working to bring technology innovations from commercial developers to the armed services—quickly.   DIUx seems to be exactly the type of government entity that should appeal to the Trump administration; it is leanly staffed, is ...›

March 16, 2017National Security

Record-Setting Settlement Underscores Trend Toward All-of-Government Approach to Sanctions Enforcement; Offers Cautionary Tale

Last week, it was announced that ZTE Corporation—a large Chinese telecommunications equipment firm—agreed to plead guilty to criminal export-control violations and accept a combined penalty from U.S. regulators that could total as much as $1.19 billion. According to the Department of Justice (DOJ) press release, ZTE will admit to having engaged in a long-running criminal ...›

What’s Ahead in Retail Financial Services Enforcement and Litigation?

Agencies with jurisdiction over financial services, particularly the Consumer Financial Protection Bureau (CFPB), have taken aggressive enforcement actions following the financial crisis. These federal regulators have exercised authority across the board to make new regulations governing financial services markets, including many regulations under the Dodd-Frank Act. Following the financial crisis there was also increase in ...›

The Financial Choice Act

Various scenarios have been played out regarding potential outcomes for financial regulators, in particular the Consumer Financial Protection Bureau (CFPB), under the new administration. The Financial Choice Act, which was introduced in the House of Representatives last year and contained many provisions that would roll back, or repeal, parts of the Dodd-Frank Act, also contained ...›