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Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on six individuals and 12 entities involved in Iran’s efforts to indigenize the production of carbon fiber and related materials for its ballistic missile program.
Tuesday, the Department of Commerce (DOC) initiated a rescission of the Biden Administration’s AI Diffusion Rule, while announcing additional steps to strengthen export controls on semiconductors worldwide. Below find links to the Commerce Guidance issued with the changes.
Nicole Creola Kelly left the SEC in March, reportedly having accepted the DOGE buyout offer. The Office of the Whistleblower Chief had served in the position since November 2021.
In remarks at SIFMA’s Annual Anti-Money Laundering and Financial Crimes Conference, Matthew Galeotti, Head of the U.S. Department of Justice’s Criminal Division, announced sweeping reforms to the Division’s white-collar enforcement framework. The new strategy emphasizes prosecutorial focus, regulatory efficiency, and enhanced incentives for corporate cooperation.
President Trump Monday signed an executive order aimed at reducing prescription drug costs by establishing a “most-favored-nation” (MFN) pricing policy, which would benchmark U.S. drug prices to those paid in economically comparable countries.
The Alcohol and Tobacco Tax and Trade Bureau (TTB), under the Department of the Treasury, has announced a request for public comments on 13 currently approved information collections, all of which are being submitted for extension without programmatic change.
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