On April 11, 2024, the Committee on Foreign Investment in the United States (CFIUS), a multi-agency committee administered by the U.S. Treasury Department, released a proposed rule (“Proposed Rule”) to amend the CFIUS regulations.[1] The Proposed Rule seeks “to enhance the Committee’s identification and resolution of national security risks” by expanding the scope of information … Continue Reading
While the President of the United States (US), Joe Biden, appears to be willing to increase rhetoric against the President of the Russian Federation (Russia), other Western allies are less willing to join in increasing tension with Russia on this front. By Sunday, the US Secretary of State appeared to downplay President Biden’s Friday remarks … Continue Reading
Legislative Action Flint and Water Infrastructure Funding In our continued tracking of the package of federal funding for Flint’s water crisis,the Senate Environment and Public Works Committee recently favorably reported its Water Resources Development Act (WRDA), which authorizes $220 million in funding in a combination of grants and loans for both Flint and for drinking water … Continue Reading
Regulatory Activity Proposed Changes to Clean Water Act The Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers have released a proposed rule to clarify protections under the Clean Water Act for streams and wetlands. The new definitions will apply to all Clean Water Act programs. The controversial proposed rule, once final, is likely … Continue Reading
Regulatory Activity EPA To Propose New GHG Emissions Rule for Oil and Gas Facilities The EPA is proposing revisions to the greenhouse gas reporting rule for oil and gas facilities that will revise calculation methods, monitoring and data reporting requirements, terms and definitions including confidentiality determinations. Affected parties are likely to include: pipeline transportation of … Continue Reading
