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OMB Directs Agencies to Prepare for Sequestration

Client Alert | less than 1 min read | 12.12.12

OMB has recently issued internal guidance directing agencies to begin preparing for sequestration, prompting numerous agencies to reveal their intent to furlough employees, reduce office hours, and scale back or eliminate contracts should budget cuts occur as scheduled in January 2013. While the White House denied that the guidance signals pessimism about a budget deal, and events over the weekend suggest that the broad outlines of an agreement are coming together, the release of the guidance nonetheless recognizes that the time remaining for negotiating a resolution to avoid sequestration is growing short.


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Client Alert | 10 min read | 07.03.25

Focus on Transnational Cartels Continues: FinCEN Targets Three Mexican Financial Institutions with Special Measures, Restricting Their Access to U.S. Financial System

The Orders represent FinCEN’s first actions using new special measures authority under the Fentanyl Sanctions Act and FEND Off Fentanyl Act of 2024 (codified at 21 U.S.C. § 2313a) (the “Fentanyl Act”) and continue the Trump Administration’s broader efforts against transnational cartels and narcotics trafficking....