On August 19, the FDIC approved a proposed rule to amend and simplify the regulations governing the display of the FDIC official digital sign and non-deposit signage on digital deposit-taking channels ...

On August 13, 2025, in a decision described by Bloomberg as a “landmark ruling,” the U.S. Court of Appeals for the Sixth Circuit reversed the certification of a securities fraud class action against S ...

On August 15, the Board of Governors of the Federal Reserve announced that it will end its novel activities supervision program.

On August 11, 2025, the Trump Administration issued an Executive Order further postponing heightened “reciprocal” tariffs on goods from China until November 10, 2025.

Sullivan & Cromwell’s annual Proxy Season Review analyzes significant trends and developments that emerged from the recent U.S. annual meeting proxy season and provides takeaways for 2026. The first ...

On August 7, 2025, the modified “reciprocal” tariff rates that the administration announced on July 31, 2025 went into effect for goods originating from more than 90 different countries. In addition, ...

On July 31, 2025, President Donald J. Trump signed an executive order imposing new country-specific “reciprocal” tariff rates on more than 90 countries, effective August 7, 2025. Read More View other ...

President Trump announced that the United States has reached a trade deal with South Korea, imposing 15% tariffs on South Korean imports.

Aharon Friedman is a Special Counsel in the Tax Group, working out of the firm’s D.C. office across the street from the White House and the Department of the Treasury. He leverages his extensive ...

Initial New York State Reactions Pursuant to the federal tax reform enacted in December 2017, individuals are significantly limited in their ability to deduct state and local taxes. As a result, ...