Archives: Uncategorized

Subscribe to Uncategorized RSS Feed

Top 5 Business And Human Rights Concerns For Companies To Monitor

Businesses are being bombarded with information about their global human rights and other nonfinancial responsibilities, and are under growing pressure to publicize their efforts in that regard. Below we outline five key developments that business should be actively monitoring in a rapidly evolving landscape. 1.“Hard” Legal Obligations Governmental efforts to force transparency are intended to … Continue Reading

What’s Next for the FEC?

Commissioner Ann Ravel’s decision to resign from the Federal Election Commission will have short term and long term effects on an agency empowered to interpret and enforce the federal campaign finance laws and disclose the money raised and spent in federal elections.  Its short term effects should be minimal.  The statute requires four votes for … Continue Reading

This Week in Congress – February 13, 2017

Both houses of Congress return on Monday. The Senate will continue to focus on confirming President Trump’s cabinet appointees and the House will continue to consider legislation disapproving federal regulations issued in the final months of the Obama Administration under the Congressional Review Act (CRA). The House is scheduled to return to legislative business on … Continue Reading

Guidelines for Interacting with President-Elect Trump’s Transition Team

Over the next nine weeks, the Trump Presidential Transition team will formulate policy and staffing recommendations for the new administration. This alert gives a broad overview of the Transition and the laws that regulate interactions with Transition team members on issues related to appointments and policy recommendations. Persons interested in this topic may also wish … Continue Reading

New Report Calls Out Corporate Political Disclosure “Basement Dwellers”

A report published today criticizes companies that refuse to disclose information about their political spending on their websites.  The non-profit Center for Political Accountability and the Zicklin School at Wharton annually rank all companies in the S&P 500 on their political disclosure practices, based on a 70-point metric.  The more information companies disclose on their … Continue Reading

OGE Updates Rules Governing Recruiting of Federal Employees to Private Sector Jobs

Companies are increasingly hiring out of the federal workforce, only to find that their new hires are restricted by “revolving door” rules that prohibit their participation in certain matters – sometimes for a limited time, sometimes permanently. New rules issued recently by the U.S. Office of Government Ethics (“OGE”) serve as a reminder that, even … Continue Reading

The Supreme Court Redraws the Lines for Corruption Prosecutions

The Ferrari carrying former Virginia Governor Bob McDonnell appears to have made a U-turn this week on its way to the federal penitentiary.  Covington released today a Client Alert on the Supreme Court’s decision in McDonnell v. United States, a decision which vacated Governor McDonnell’s conviction and redraws the lines for corruption prosecutions.   The Court held a public … Continue Reading

Will President Obama’s New Overtime Regulations Shrink Corporate Restricted Classes?

Corporate PAC managers may soon find that the universe of employees who receive corporate PAC solicitations has unexpectedly shrunk.  In July 2015, the Department of Labor proposed new regulations that would dramatically increase the number of workers entitled to overtime wages.  The Department of Labor estimates that, under the new regulations, approximately 5 million new … Continue Reading

Appropriations 2016: The Tough Road Ahead for Speaker Ryan

On his way out the door, then-Speaker Boehner did his best to “clean up the barn” for incoming Speaker Paul Ryan. Notably, he negotiated a budget deal with President Obama that, among other things, raised the top-line budget number for the FY 2016 appropriations process. The deal represented a compromise between Republican defense hawks who … Continue Reading

New Report Adds Pressure For Public Companies to Voluntarily Disclose Political Spending

A report published last week by the Center for Political Accountability will result in more pressure on public companies to voluntarily disclose information about their political spending. Each year, CPA in collaboration with the Zicklin Center at the University of Pennsylvania issues a detailed report “scoring” companies on their corporate political disclosure practices according to … Continue Reading

California Penalizes Campaign, Committee for Coordination Violation

As Super PACs and campaigns continue to edge closer to the legal line between “independence” and “coordination,” it has become common to hear calls for the FEC to take a stricter role in enforcing the law. Yet as recently reported by BNA, the FEC has not found a single violation of its coordination rules in … Continue Reading

Reporting Requirement for U.S. Direct Investment Abroad

May 29 marks the first deadline for the 2014 Benchmark Survey of U.S. Direct Investment Abroad (BE-10 survey).  The BE-10 survey is conducted by the U.S. Department of Commerce’s Bureau of Economic Analysis (“BEA”) under the authority of the International Investment and Trade in Services Survey Act.  Through this survey and other surveys, BEA collects … Continue Reading

Focus on Infrastructure

Infrastructure Week is underway in Washington, DC, and across the country, highlighting the importance of investing in and modernizing America’s aging infrastructure.  The emphasis is on the essential role infrastructure plays in our economy. Covington & Burling, together with Common Good, the Bipartisan Policy Center, and the National Association of Manufacturers, co-hosted an event on … Continue Reading

5 Myths about Super PACs

Few subjects in federal campaign finance law are so frequently garbled by commentators, the press and the public as what a Super PAC is and how it operates.  Here is a short list of common mistakes. 1.  Super PACS are “shadowy” “dark money” groups that mask where their money comes from and how its spent.  … Continue Reading

Analysis of the European Commission’s 2015 Work Programme

The European Commission’s Work Programme for 2015 falls in line with Juncker’s political guidelines for his Presidency. The overall focus lies on the creation of jobs and economic growth, and the vision is to achieve this through a greener, more digital and more unified European economy. At the same time the Commission has restated its … Continue Reading

Mexico Business Summit

Members of Covington & Burling’s Public Policy and Government Affairs Practice Group were in Mexico last week for the 12th annual Mexico Business Summit, which convened heads of state and business leaders from around the world to engage in discussions about Mexico’s future economic development and tapping into Mexico’s new sources of growth.  Over the … Continue Reading

FARA Again in the Spotlight: New York Times Examines Foreign Funding and Think Tanks

This weekend, the New York Times ran a lengthy investigative report on foreign government donations to U.S. think tanks.  The story alleged that the foreign governments bought influence and paid for advocacy by some of the nation’s most respected research institutions.  The article outlined contributions from Norway, UAE, Qatar, Japan, and others to think tanks including the … Continue Reading

The ISIS Threat

For companies doing business in the Middle East, one of the most critical issues right now is the strength of ISIS and the threat it poses to other nations in the region. In an effort to supply up to date information on this topic, GlobalPolicyWatch has reached out to Ezra Steinhardt in Covington’s London office. … Continue Reading

New Version of Draft German Cybersecurity Law Published

By Monika Kuschewsky and Sebastian Martin The German Federal Ministry of the Interior recently published its revamped proposal for an “IT Security” Law. A similar proposal had already been adopted by the previous German Government in March last year (see InsidePrivacy, German Government Proposes Cybersecurity Law, March 22, 2014). However, that proposal ultimately failed to clear … Continue Reading

Federal Election Contributions: Sky’s the Limit

The Washington Post yesterday quoted Covington’s Rob Kelner in a front page article about the Supreme Court’s recent decision in McCutcheon v. Federal Election Commission. From the Post, “Even though the additional millions flowing to candidates and parties ‘is real money, in the grand scheme of our campaign finance system, it’s background noise,’ said Robert … Continue Reading
LexBlog