Michael E. Leiter

1 month ago | lexology.com | Brooks Allen |Michael E. Leiter |Susanne Werry |Jacob Bell

On February 21, 2025, President Donald Trump issued a presidential memorandum (the Memorandum) signaling that his administration intends to take action with respect to tax and regulatory measures affecting U.S. digital service providers. Although the Memorandum does not itself impose any specific remedies, it calls for studies and recommendations on appropriate responsive measures (e.g., tariffs to counter digital services taxes (DSTs)).

Jul 25, 2024 | jdsupra.com | Brian Egan |Michael E. Leiter |Tatiana Sullivan

Over its 30-year history, the Department of Defense (DoD) National Industrial Security Program Operating Manual (NISPOM), which establishes policies and procedures for mitigating foreign ownership, control or influence (FOCI) in the U.S. defense industrial base, has narrowly focused on parties that require access to classified information (classified contracts) in the performance of a U.S. government contract.

Apr 25, 2024 | jdsupra.com | Brooks Allen |Brian Egan |Michael E. Leiter

On April 15, 2024, the secretary of the Department of the Treasury, as chair of the Committee on Foreign Investment in the United States (CFIUS or Committee), published a notice of proposed rulemaking (Proposed Rule) to expand CFIUS’ investigation and enforcement authorities and to tighten time frames for negotiating mitigation. Specifically, the Proposed Rule: Clarifies and expands CFIUS’ authority to request information when conducting reviews.