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OMB Reverses $250,000 Micropurchase Cap

Client Alert | 1 min read | 10.05.05

Apparently out of concern about fraudulent or abusive use, OMB notified federal agencies late October 3 that it has rescinded the recently increased $250,000 limit on hurricane-related transactions that can be made using government purchase cards, returning to the original limits of $2,500 for normal purchases and $15,000 for contingency operations. In a related action, OMB has instituted new government-wide policies to reduce the risk of fraud, misuse, and late payments associated with use of the government-issued cards in "Improving the Management of Government Charge Card Programs," an appendix to OMB Circular A-123.

For more information, please visit: http://georgewbush-whitehouse.archives.gov/omb/circulars/a123/a123_appendix_b.pdf

Insights

Client Alert | 7 min read | 09.29.25

White House Seeks Industry Input on Laws and Rules that Hinder AI Development

On September 26, the White House invited the public to submit comments on Federal laws, rules, and policies that “unnecessarily hinder” the development or deployment of artificial intelligence (AI) technologies in the United States. This request marks one of the Trump Administration’s most substantial moves yet to reduce the regulatory burden on AI. Respondents may submit comments through a government website until October 27, 2025....