Legislation News and Legal Framework & Policy Development Updates
Senate Republicans block DACA protection amendment in ICE, CBP funding vote
A Senate vote on nearly $70 billion in proposed funding for ICE and CBP becomes a flashpoint over the treatment of DACA recipients amid the administration's deportation push. The failed amendment ...
Illinois budget advances crypto transaction tax toward enactment
Illinois is moving closer to imposing a new tax on digital asset transactions after state lawmakers pass a $56 billion fiscal 2027 budget package that includes the measure. The proposal still ...
House Ways and Means Committee drafts crypto tax changes ahead of June 9 hearing
U.S. lawmakers are widening their focus from crypto market rules to the tax treatment of digital assets as a House hearing approaches next week. The discussion drafts cover areas including ...
U.S. House tax panel weighs crypto tax relief bills for small transactions and staking
Lawmakers are preparing to debate a package of targeted digital asset tax measures as crypto policy discussions broaden beyond market structure in Washington. The draft bills under review by the ...
Treasury and IRS plan rules for expanded excise tax on tax-exempt executive pay
Federal tax authorities are moving to implement a broader levy on high compensation at tax-exempt organizations under the One, Big, Beautiful Bill. The planned rules clarify which employees may be ...
U.S. House passes agriculture appropriations bill for 2027
The U.S. House approves H.R. 8646, the 2027 appropriations bill covering agriculture, rural development, the Food and Drug Administration, and related agencies, by a 213 to 210 vote. The measure ...
SBA suspends 27,486 Ohio borrowers over suspected $1.1 billion pandemic loan fraud
Ohio is the latest focus of a widening federal crackdown on alleged abuse of pandemic relief programs, with the U.S. Small Business Administration moving to block thousands of borrowers from ...
Senate Banking Democrats move to lock in CFPB funding amid U.S. consumer protection fight
Senate Banking Committee Democrats are introducing legislation to make Consumer Financial Protection Bureau funding automatic and fully available as political pressure on the agency continues. The ...
White House backs Clarity Act as U.S. lawmakers push crypto bill forward
With the legislative calendar tightening ahead of midterm elections later this year, U.S. lawmakers and industry advocates are pressing to advance the Clarity Act as a broad framework for digital ...
U.S. crypto sector presses Clarity Act bad-actor provisions as Senate timeline tightens
With the Senate calendar narrowing, cryptocurrency industry advocates are intensifying their push for the Digital Asset Market Clarity Act by stressing its law-enforcement tools against illicit ...
U.S. Senate panel backs college sports reform to protect athletes and preserve women’s programs
Pressure is building in Washington to reshape the economics and governance of college athletics as schools face rising financial strain and growing concern over athlete protections. A Senate ...
U.S. Supreme Court upholds FCC fine process in carrier data privacy case
A Supreme Court ruling on Thursday preserves the Federal Communications Commission's ability to pursue financial penalties through its internal process in a case tied to wireless carriers' ...
Privacore funds seek SEC approval for co-investment transactions
The U.S. Securities and Exchange Commission has published a notice on an application that would allow Privacore-linked funds and affiliated entities to participate in certain joint investment ...
Senate Republicans drop White House ballroom funding from immigration bill
Senate Republicans are removing up to $1 billion in security funding tied to President Donald Trump’s proposed White House ballroom from a revised immigration enforcement bill. The change ...
House panel advances marine resource management bills affecting fisheries and state waters
U.S. lawmakers are reviewing a new package of marine policy bills that ties fisheries oversight, coastal state authority and Alaska Native harvesting rights to broader ocean resource management. ...
New York debt bill faces Assembly test over sovereign bond litigation rules
With New York governing more than half of sovereign bonds globally, state lawmakers are weighing a bill that could reshape how foreign debt disputes and restructurings play out. The measure has ...
White House proposes new tariff plan for imports from more than 60 countries
A renewed U.S. trade push is taking shape as the administration advances a tariff proposal tied to labor-rights concerns in global supply chains. The plan sets tariffs of at least 10% on imports ...
European Commission proposes tech sovereignty laws for cloud, AI and chips
Europe is stepping up its industrial policy as policymakers seek to reduce strategic reliance on foreign digital infrastructure and semiconductor supply. The European Commission proposes two new ...
American Bankers Association pushes to curb stablecoin rewards as Clarity Act debate advances
As the U.S. Senate weighs changes to the Digital Asset Market Clarity Act, banks are intensifying their campaign against stablecoin features they say could pull money from traditional deposits. A ...
U.S. House advances geothermal, tribal and water infrastructure bills
The U.S. House of Representatives is advancing a package of natural resources bills aimed at energy development, tribal support, recreation access and rural infrastructure. The measures span ...
Crypto PACs step up U.S. primary spending with Maryland focus
As voters cast ballots in several U.S. congressional primaries, cryptocurrency-backed political committees are directing fresh money into House and Senate contests with growing attention on ...
