Supreme Court Strikes Down Trump Tariffs: What Happens Next

SUMMARY   The Supreme Court ruled 6-3 today that IEEPA, the International Emergency Economic Powers Act of 1977, does not authorize the President to impose tariffs. The decision in Learning Resources, Inc. v. Trump, 607 U.S. __ (2026), invalidates roughly half of all tariff revenue the government has collected over the past year. Trump responded within hours by … Read more

The SAVE Act: America’s Voter ID Debate

SUMMARY The Safeguard American Voter Eligibility Act, known as the SAVE Act, would require documentary proof of United States citizenship to register to vote in federal elections. The House passed the latest version (now called the SAVE America Act) on February 11, 2026 by a vote of 218-213, with Republicans unanimously voting in favor and all … Read more

New Jersey’s Skip the Stuff Law

SUMMARY Governor Murphy signed New Jersey’s Skip the Stuff law requiring restaurants, food trucks, hospitals, schools and arenas to provide single-use utensils and condiments only upon customer request starting August 1, 2026. Studies show a 94% reduction in disposable items, saving restaurants money. Full-service restaurants with 10+ seats must provide reusable utensils for dine-in, making … Read more

FINRA Forward Initiative: What the Sweeping Regulatory Reform Means for Broker-Dealers and Investors

SUMMARY FINRA Forward is a comprehensive 2025 initiative modernizing securities regulation through three pillars: updating outdated rules, empowering firm compliance and combating cybersecurity threats. The reform includes substantial fee increases totaling $450 million by 2029, with corporate financing fees jumping to $1.125 million. Large firms benefit from regulatory clarity while small broker-dealers and private issuers … Read more

Do ICE Agents Have Absolute Immunity?

SUMMARY Federal law enforcement officers, including ICE agents, lack absolute immunity from criminal prosecution or civil lawsuits. While qualified immunity may protect agents from some civil liability, it doesn’t apply to criminal cases. Supreme Court precedent consistently limits absolute immunity to specific officials like judges and prosecutors performing core duties, not law enforcement personnel. The short … Read more

New York’s LLC Transparency Act: Major Update

SUMMARY Governor Hochul’s December 22, 2025 veto of Senate Bill 8432 limits New York’s LLC Transparency Act to only foreign LLCs registered in New York. Domestic U.S. LLCs are exempt. Foreign LLCs must disclose beneficial owners (25%+ ownership or substantial control) by December 31, 2026, with penalties up to $500 daily for noncompliance. The New … Read more

What is Trump’s Gold Card Immigration Program?

SUMMARY Trump’s gold card program launched December 10, 2025, allowing foreigners to pay $1 million (or companies $2 million) plus a $15,000 processing fee for expedited U.S. residency through EB-1 or EB-2 visas. The process takes weeks versus six years for traditional EB-5 investor visas. A $5 million Platinum Card is planned, offering 270-day U.S. … Read more

Trump’s AI Order Unites Progressive Democrats and MAGA Populists

SUMMARY President Trump’s December 11, 2025 executive order attempts to override state AI laws by creating a Justice Department task force to sue states and threatening to withhold federal funding. Legal experts say the order is unconstitutional since only Congress can preempt state laws. The move has united an unusual coalition of MAGA Republicans and … Read more

USPTO: AI Still Can’t Invent

SUMMARY The U.S. Patent and Trademark Office released new guidance clarifying that AI cannot be listed as an inventor on patents. Only humans can be inventors, regardless of how much AI contributed to creating the invention. AI systems are treated as tools like laboratory equipment or software. The guidance abandons the previous approach that incorrectly applied joint … Read more

Gambling Laws and Prediction Market Apps

SUMMARY Prediction market apps like Kalshi claim federal CFTC regulation as derivatives exchanges exempts them from state gambling laws, allowing nationwide operation even where betting is banned. Seven states issued cease-and-desist orders, arguing these platforms are essentially unlicensed sportsbooks evading state authority and taxes. Courts have split on preliminary injunctions. This federalism clash pits innovation … Read more

What Happens if the Supreme Court Rules Against Trump’s Tariffs?

This post has been updated here. SUMMARY If the Supreme Court rules against Trump’s tariff authority under IEEPA, he retains multiple alternatives. These include Section 232 for national security tariffs, Section 301 for unfair trade practices, other statutory provisions and non-tariff barriers. However, these options require more process, justification and targeted application than IEEPA’s sweeping … Read more

California’s Transparency in Frontier AI Act: A New Standard for AI Safety

SUMMARY California’s Transparency in Frontier AI Act, enacted September 2025, regulates advanced AI systems requiring over 10^26 computational operations. Companies must publish annual safety frameworks addressing catastrophic risks, disclose model information before release and submit quarterly assessments to regulators. The law includes whistleblower protections and $1 million penalties per violation. It targets major developers like … Read more