Dan Novak is the regulatory reporter for the National Law Journal, focusing on the environment, securities, and antitrust. He is based in Washington, DC. You can reach him at [email protected].
February 06, 2025 | National Law Journal
‘Blitzkrieg of Lawlessness’: Environmental Lawyers Decry EPA Spending Freeze“I think the strategy is to see what they can get away with,” said Kym Meyer, a Southern Environmental Law Center litigator. “Withholding money is something they're trying right now. And defying a court order like they're doing right now could land them in real trouble.”
By Dan Novak
3 minute read
February 05, 2025 | National Law Journal
GOP-Led SEC Tightens Control Over Enforcement Investigations, Lawyers Say“This and the other changes, such as starting the crypto task force… really shows that the incoming administration wants to make clear that this will be a more business-friendly agency across the board and in particular, in crypto,” said Reed Smith partner Mark Bini.
By Dan Novak
3 minute read
February 05, 2025 | National Law Journal
After Shutting USAID, Trump Eyes Department of Education, CFPB“There has never been an executive order completely abolishing an executive agency,” said Reed Smith associate Cori Mishkin. “There have been agencies of the executive branch abolished before in the history of the United States. It’s never been through an executive order. It's been through an act of Congress.”
By Dan Novak
4 minute read
February 03, 2025 | National Law Journal
Trump's Inspectors General Purge Could Make Policy Changes Easier, Observers SayTrump’s firing of the inspectors general is like when “your parents have left for the weekend so you can throw a kegger,” said Reed Smith partner Rizwan Qureshi.
By Dan Novak
3 minute read
January 30, 2025 | National Law Journal
DOT Moves to Roll Back Emissions Rules, Eliminate DEI Programs“Under President Trump’s leadership, we are focused on eliminating excessive regulations that have hindered economic growth, increased costs for American families, and prioritized far-left agendas over practical solutions,” new Transportation Secretary Sean Duffy said in a statement Wednesday.
By Dan Novak
3 minute read
January 29, 2025 | National Law Journal
Crypto Industry Eyes Legislation to Clarify Regulatory Framework“Unless you’ve got a third agency that's going to say, ‘These are security coins and these are commodity coins,’ it doesn't resolve anything,” said law professor Jack Graves. “This [bill] kind of tries to draw a bright line rule between the two. I think they're dreaming because as soon as you draw rules, everybody's going to be in the gray area trying to move the other direction.”
By Dan Novak
4 minute read
January 28, 2025 | National Law Journal
Bill Would Consolidate Antitrust Enforcement Under DOJ“I think some of the complaints that people have about the actions under the Biden FTC has really raised the profile of these kinds of issues for companies and practitioners,” said former Federal Trade Commissioner Maureen Ohlhausen. “So I think some of the things the FTC has done in the past four years has raised interest in reining them in.”
By Dan Novak
4 minute read
January 24, 2025 | National Law Journal
SEC Revokes Biden-Era Crypto Accounting GuidanceCritics of the guidance said it effectively prevented banks from holding digital assets in custody and evaded normal commission rulemaking. Congress passed a measure repealing the guidance in May but former President Joe Biden vetoed it.
By Dan Novak
3 minute read
January 23, 2025 | National Law Journal
FTC Finalizes Child Online Privacy Rule Updates, But Ferguson Eyes Further ChangesThe updates “contain several measures improving data privacy and security protections for children” but “no one should have any doubt that these issues are the result of the Biden-Harris FTC’s frantic rush to finalize rules on their way out the door," wrote now-Republican Federal Trade Commission Chair Andrew Ferguson. "The Commission under President Trump should address these issues and fix the mess that the outgoing majority leaves in its wake.”
By Dan Novak
4 minute read
January 22, 2025 | National Law Journal
'Something Else Is Coming': DOGE Established, but With Limited ScopeUnder Trump's executive order, the U.S. Digital Service will be renamed the U.S. DOGE Service, charged with “modernizing Federal technology and software to maximize governmental efficiency and productivity.” The order also directs each agency head to create a DOGE team of at least four employees.
By Dan Novak
3 minute read