Congress recently passed the Rebuilding Prosperity and Opportunity for Ukrainians (“REPO”) Act, bipartisan legislation authorizing the Administration to seize billions of dollars in Russian sovereign assets to fund Ukraine reconstruction and aid.The legislation raises issues that could have political and legal consequences – for companies and individuals. Join members of the firm’s Policy and Government … Continue Reading
On March 11, 2024, US President Joe Biden released his Fiscal Year (FY) 2025 budget request, which included proposals on U.S. Artificial Intelligence (AI) development and efforts to implement the Biden Administration’s Executive Order (EO) on AI. The budget identifies the National Science Foundation (NSF) as central to U.S. leadership in AI, requesting $10.2 billion … Continue Reading
The hemp industry wants additional regulation. Yes, you read that correctly, and stakeholders are coalescing to push for action from the federal government. The passage of the 2018 Farm Bill provided momentum for the retail cannabidiol (“CBD”) industry, and the lack of complete regulatory clarity from the federal government has led many in the industry … Continue Reading
Federal appropriations provide annual discretionary funding for our government to carry out its mission and, in turn, spur various organizations towards efficiencies and achievements. Whether you serve an entity interested in the government’s work in disease research or a nonprofit hospital requesting community project funding for infrastructure needs, it is important for those seeking funding … Continue Reading
In a February 5, 2024 letter to the US International Trade Commission (ITC), US House of Representatives Ways & Means Committee Chair Jason Smith (Republican-Missouri) requested that the ITC conduct a Section 332 investigation into the global rice market. The ITC will institute the investigation in the coming weeks, and it could be the first … Continue Reading
This year, Congress is steadily progressing towards enacting meaningful legislation on artificial intelligence (AI) for the first time. At the end of 2023, Senate Majority Leader Chuck Schumer (D-NY) and his “Gang of Four” (Senators Todd Young (R-IN), Martin Heinrich (D-NM), and Mike Rounds (R-SD)) concluded their AI Insight Forums, a series of sessions where … Continue Reading
A new year means a new congressional session – yet our lawmakers are carrying over policy debates that did not conclude in consensus prior to their holiday recess. The House of Representatives and Senate will consider critical government funding legislation, deadline-driven authorizing bills, and other potential reforms, but agreement will need to be found between … Continue Reading
In recent years, the U.S.-China bilateral relationship has hit historic lows, marked by notable events like the Chinese spy balloon incident in February and former Speaker of the House Nancy Pelosi’s visit to Taiwan in 2021. However, there is reason for optimism as we have witnessed a significant shift in dynamics over the past few … Continue Reading
So far in the 118th Congress, U.S.-China relations have been a major focus for Democrats and Republicans alike. House Republicans, the opposition party, tried to challenge the Biden Administration’s approach to China, which involves competing with China, cooperating when possible, and confronting them when necessary.[1]… Continue Reading
Last night, President Joe Biden stood before a joint session of the 118th Congress to give his State of the Union address. The President set forth his vision for the coming two years, and he tried again to appeal to those who disagree with his policies or are otherwise unhappy with the direction of the … Continue Reading
This month, the 118th Congress convened in Washington, D.C., ushering in a return to divided government. Republicans now hold a narrow majority in the House of Representatives, while Democrats have retained their slim Senate majority. With few opportunities for bipartisan compromise, the 118th Congress is expected to engage in more frequent, less robust, and more … Continue Reading
Following the initial post-election analysis we released on November 9, several critical races in the US Senate and House of Representatives have been certified, which has also determined party control of each chamber. This updated analysis incorporates those results and continues to provide analysis on what the election likely means for a host of policy areas – … Continue Reading
Senate Democrats will begin 2023 in a familiar place – the Senate majority. Late Saturday evening, the Associated Press called the Nevada Senate race for incumbent Sen. Catherine Cortez Masto. The announced victory comes on the heels of incumbent Democratic Senator Mark Kelly’s victory in Arizona on Friday.… Continue Reading
This presentation provides an analysis of the US mid-term elections – not a recitation of who won and who lost, but what the shift in power dynamics means for major policy areas. Note: given the continued (and perhaps prolonged) uncertainty with the remaining open Senate races in particular, the presentation notes that uncertainty and will … Continue Reading
