Ben Miller

2 weeks ago | news.bloombergtax.com | Courtney Rozen |Skye Witley |Nyah Phengsitthy |Stephen Lee |Evan Weinberger |Rebecca Rainey | +3 more

The Trump administration’s slashing of tens of thousands of federal jobs in its first 100 days is scrambling plans for companies and industries that look to agency staff for help navigating regulations and securing funding. Funding freezes, workforce reductions, and policy shifts have business leaders delaying investments and preparing for less oversight from federal regulators, according to industry representatives and lawyers.

2 months ago | news.bloomberglaw.com | Evan Weinberger |Ben Miller |Robert Iafolla

Federal financial regulators are giving their employees prewritten bullet-point responses to an email from the Trump administration asking federal workers to describe what job duties they performed in the last week. The FDIC and OCC sent notices to their workers Monday advising them to respond with generalized bullet points, according to emails obtained by Bloomberg Law.

2 months ago | news.bloombergtax.com | Andrew Ramonas |Ben Miller

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2 months ago | news.bloomberglaw.com | Andrew Ramonas |Ben Miller

The government efficiency unit backed by Elon Musk is turning its attention to the SEC as the Trump administration purges federal workers and revamps agencies’ priorities. Hundreds of the Securities and Exchange Commission’s 5,000 employees may quickly face termination, if the SEC follows the Department of Government Efficiency playbook and dismisses recent hires, who have fewer job protections than longer-time employees. The Consumer Financial Protection Bureau and Federal Deposit Insurance Corp.

Feb 14, 2025 | news.bloomberglaw.com | Ben Miller |Austin R. Ramsey

A Biden-era Labor Department rule permitting sustainable 401(k) investing was upheld by a Texas federal judge, a loss for red-state attorneys general whose challenge to the regulation had been sent back to the district court by the Fifth Circuit.