The U.S. House of Representatives Committee on Appropriations voted 31–18 to increase FDA's 2015 fiscal year budget by nearly $2.6 billion.

In this webinar, members of our Tax Policy practice group hosted a comprehensive discussion on the next steps for the tax legislation as it progresses through the House and over to the Senate.

On August 7, the Fed provided a snapshot of the self-perceived financial and economic well-being of U.S. households and the issues they face, based on responses to the Board’s 2013 Survey of Household Economics and Decisionmaking.

Treasury Secretary Mnuchin stated that his goal is to have an overhaul of the Internal Revenue Code by August.

On November 6, 2017, Randal K. Quarles was ceremonially sworn in as a member of the Board of Governors of the Federal Reserve System and as Vice Chair for Supervision.

The Department of the Treasury named Acting Under Secretary Adam Szubin as Acting Secretary of the Treasury.

In the September 24th edition of the Washington Post, Ariana Eunjung Cha highlighted the impact of budget cuts on research funding in her article "Budget Sequester Squeezes Scientific Research."

The White House announced that President Trump's tax reform plan will be coming soon (around March 13th). Stay tuned!

On Thursday, a California Superior Court judge dismissed a CA Chamber of Commerce lawsuit challenging the State’s cap-and-trade program auction as an unconstitutional tax

The Federal Reserve Board, the FDIC, the Office of the Comptroller of the Currency, the SEC and the CFTC extended the comment period regarding a proposed rule to revamp the Volcker Rule. The comment period deadline – originally September 17, 2018 – was pushed back to October 17, 2018.

This evening, Sunday, March 12, 2023, the Treasury Department, the Federal Reserve, and the FDIC issued a joint statement indicating that there has been an agreement...

An interim final rule to increase the asset threshold from $1 billion to $3 billion for qualifying insured depository institutions ("IDIs") was published in the Federal Register.

The Federal Reserve Board, the Office of the Comptroller of the Currency and the FDIC's (collectively, the "agencies") ...

On Jan. 28, the U.S. Court of Appeals for the Fourth Circuit denied a petition for rehearing en banc of an Oct. 31, 2019, panel opinion that has the potential to cause dramatic...

The House of Representatives passed the "Financial Services and General Government Appropriations Act, 2019" (the "Act").

In this segment of Money Matters, Jay Ross explains that the rules in California have changed this year for making political contributions to your local elected officials and how those changes...

Today, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law. The final IRA bill came together after more than 18 months of intra-party negotiations among Democrats...

The article examines Biden's understanding of Brazil's strategic value in the region, as well as the global geopolitical effects of a renewed US-Brazil relationship.

Issues discussed during the hearing include the IRS's information technology needs, the agency's staffing challenges and its efforts to combat tax evasion and reduce the tax gap.

Directs all federal agencies to procure only those large language models (LLMs) developed in accordance with two Unbiased AI Principles: truth-seeking and ideological neutrality