Appropriations at Midyear: What Businesses Should Watch—and Do Now

Congress has made progress on fiscal year 2027 appropriations, but businesses should still prepare for another period of temporary federal funding. The House Appropriations Committee completed work on all twelve annual funding bills before the end of June, and three have passed the full House. The Senate has moved more slowly; a planned June markup of several appropriations bills was...

A Main Street Policy Discussion About IPOs

Earlier this month, we hosted a roundtable optimistically titled, “Bringing IPOs Back to Utah.” It was largely a local affair, with a mix of executives, trade association representatives, policymakers and investors. A main street crowd, but a savvy one.  Dorsey, KPMG, and Zions Bank provided perspectives from the legal, finance and accounting side. We were also quite fortunate to host...

The White House Executive Order on Integrating Financial Technology Innovation into Regulatory Frameworks — Also, is Fintech Geopolitical?

On May 19, the White House released a unique executive order outlining the Administration’s plan to promote fintech innovation. Given the complexity of existing financial regulatory frameworks, there is reason to be skeptical that this effort results in major changes in the short term. But in light of the broad directives, the banking and fintech communities should stay close to...

Using AI to Analyze 600+ Tariff Comment Letters

Like many, I’ve found myself experimenting with AI to see if it would enable me to take on projects that are otherwise out of reach. I’ve had success in some narrow cases, but other times I’ve ended up in a rabbit hole to nowhere. My most recent project has landed somewhere in the middle. When USTR opened two Section 301...

Making IPOs Great Again

Securities & Exchange Commission (SEC) Chair Paul Atkins has been vocal about his desire to make IPOs great again. It would take a serious amount of rulemaking and potentially even statutory changes to reshuffle the mix of incentives and burdens that have inclined companies against going public in recent years. But if he is successful, even in part, there could...

The Forest Service Is Coming to Utah: What It Means for the State, Its Businesses, and Public Lands Management

On March 31, USDA announced that the U.S. Forest Service will relocate its headquarters from Washington, D.C. to Salt Lake City, bringing roughly 260 positions and the agency’s top leadership to the Intermountain West. For Utah, a state with more than 8 million acres of national forest land and a roughly $9.7 billion outdoor recreation economy, this is a significant...

DOJ Announces Voluntary Self-Disclosure Policy

My colleagues have released an excellent update on the DOJ’s recently announced corporate enforcement and voluntary self-disclosure policy.  For a long time, the Department of Justice has encouraged self-disclosure, at times suggesting companies will be treated better if they do, but no guarantees. For the first time, they’ve formalized a policy, and companies should take note and be ready to seriously...

Surface Transportation Reauthorization: Latest Developments

With the current surface transportation law set to expire on September 30, 2026, Congress is moving deeper into work on the next multi-year reauthorization bill. House and Senate committees have been holding oversight hearings and stakeholder discussions as they prepare legislative text expected later this year. The House Transportation and Infrastructure Committee has identified reauthorization as a top priority for...

Beyond the Court: Congress and the Future of Emergency Tariffs

  President Trump is imposing new tariffs effective on Tuesday, February 24, under Section 122 of the Trade Act of 1974 (“Section 122”). The Section 122 tariffs replace the tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”), and that the Supreme Court on Friday found unlawful. Does a solid legal footing exist for the Section 122 tariffs? Given...

Week 4 Update – Utah Legislature 2026 General Session

Week 4 Update – Utah Legislature 2026 General Session

Week 4 of the 2026 Utah General Session marks two important milestones: 1) the session is past the halfway point and policy trends are becoming clearer; and 2) the appropriations subcommittees have concluded their meetings and have shared their ranked priorities and appropriations proposals with the Executive Appropriations Committee (EAC). The EAC has the final say on who gets what...