The Senate has likely reached its deadline to quickly invalidate most Biden-era regulations under the Congressional Review Act — a legislative tool rarely used until President Donald Trump’s first term in office.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at Davis Polk’s plans for growing its M&A practice. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

Powerful people in business and finance are rushing pardon pitches and stepping up lobbying, catering their appeals to Trump and hiring lawyers with connections to the administration. These defendants with means are spending big for a chance to clear their names, at least in official records if not in public perception.

The controversy over President Donald Trump’s crypto profits is threatening to derail a quick deal on bipartisan stablecoin legislation backed by both the crypto industry and the White House.

A subsidiary of Strive Enterprises Inc. co-founded by Vivek Ramaswamy is merging with Asset Entities Inc. to form a Bitcoin treasury company, the latest in a string of firms to mimic Michael Saylor’s Strategy.

The Federal Reserve has “taken a pass” on having to determine which of the two mandates they place greater value on, JPMorgan’s Global Head of Fixed Income Bob Michele says on Bloomberg TV after the Fed rate decision.

The Justice Department agreed to drop its long-running lawsuit against New York City over the adverse effects the city’s hiring practices for firefighter jobs has on minority candidates.

Fil Menczer caught his first whiff of what he calls “social bots” in the early 2010s. He was mapping how information travels on Twitter when he stumbled onto a few clusters of accounts that looked a little suspicious. Some of them shared the same post thousands of times. Others reshared thousands of posts from each account. “These are not human,” he remembers thinking.

After months of public pressure over its effort to convert from a nonprofit into a more traditional moneymaking business, OpenAI decided to partly walk back its plan and strike a complicated balance. While the ChatGPT owner still intends to form a public benefit corporation that’s meant to be more appealing to investors, the overall business would continue to be overseen by OpenAI’s nonprofit entity.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at Davis Polk’s plans for growing its M&A practice. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

Cities across the US are sinking, and the problem is most pronounced in Texas, according to a new study.

Elon Musk fired back at OpenAI’s accusation that he’s been waging a “relentless” campaign for more than a year to damage the startup.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at Davis Polk’s plans for growing its M&A practice. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

The Consumer Financial Protection Bureau plans to ask a federal judge in Kentucky to vacate a Biden-era rule allowing customers to freely share their bank and credit card account details with financial technology companies, multiple sources told Bloomberg Law.

The Trump administration plans to rescind some Biden-era AI chip curbs as part of a broader effort to revise global semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments.

A Missouri-based Planned Parenthood clinic must turn over any records it has involving gender-affirming care for minors to the state’s attorney general, a Missouri appeals court ruled.

Powerful people in business and finance are rushing pardon pitches and stepping up lobbying, catering their appeals to Trump and hiring lawyers with connections to the administration. These defendants with means are spending big for a chance to clear their names, at least in official records if not in public perception.

New guidance from the US Cybersecurity and Infrastructure Security Agency has put critical infrastructure companies on guard to address growing threats to their operational technology security.

The Justice Department agreed to drop its long-running lawsuit against New York City over the adverse effects the city’s hiring practices for firefighter jobs has on minority candidates.

For the full experience visit: Trump Has Been Stopped By Courts More Than 200 Times

A coalition of labor unions, nonprofit organizations, and municipal governments will step into federal court Friday to halt widespread agency layoffs in the most expansive legal case to date against the Trump administration’s attempts to cull the federal workforce.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at Davis Polk’s plans for growing its M&A practice. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

Reproductive health centers are preparing for more aggressive threats from anti-abortion protesters as the Trump administration restricts enforcement of a decades-old federal law protecting access to clinics.

Wake Forest University School of Law’s Sarah Morath reviews the steps states and cities are taking to address plastic’s health risks and hold companies accountable.