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The Latest Breaking News from Bloomberg Law

House Lawmakers From Both Parties Finalize Crypto Tax Bill As Congress Expands Digital Asset Push

Congressional lawmakers have finalized a bipartisan proposal aimed at clarifying how cryptocurrencies are taxed in the United States.

International Business Times

US weighs major student visa change as ‘duration of status’ rule reaches final review

The Trump administration is reviewing a rule that could limit international students on F-1 visas to a four-year stay in the US, ending the current "duration of status" system. This proposed change, which also affects J-1 exchange visitors and I visa holders, comes as foreign student enrollment in US universities…

The Economic Times

Todd Blanche says case against Comey based on more than just Instagram post

Former FBI director indicted in connection with seashell photo as some Trump allies skeptical of news charges

The Guardian - US

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Lawsuit Alleges Trump Administration Disproportionately Fired Black Officials From Federal Agencies

Alvin Brown's legal team contends that roughly three-quarters of Black officials serving in roles at independent agencies were dismissed, a pattern they say "cannot be explained by politics alone"

Latin Times

H-1B lottery selection rates increased to 'unseen levels' under Trump's new rule, claim immigration firms

The first H-1B lottery (FY 2027) held under the second Donald Trump administration this year saw selection rates jump to "unseen levels", Bloomberg Law reported, citing data from immigration firms. This was the first lottery that was based on wage levels and also after the administration imposed a $100,000 fee…

The Times of India

Goldman Sachs General Counsel Kathy Ruemmler Leaves With £19.2M Payout After Epstein Files Expose Years of Intimate Contact

Kathryn Ruemmler, Goldman Sachs's chief legal officer, resigns with a £19.2 million payout after Epstein files reveal close ties.

International Business Times UK

DOJ suspends minimum work experience requirements for hiring attorneys after staff purges

Lawyers fresh out of law school can begin working for the DOJ so long as they are a U.S. citizen and have passed the bar exam

The Independent UK

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Dozens of jurors dismissed from Elon Musk Twitter takeover trial after his own lawyer admits so many ‘hate him’

A group of investors is suing Musk for allegedly making misleading statements about bot accounts on Twitter during his drama-filled acquisition

The Independent UK

Jeanine Pirro ‘abruptly’ told prosecutors to try to indict lawmakers in ‘illegal orders’ video: report

The DOJ has suffered a staff exodus and a string of failed cases under Trump

The Independent UK

Trump ally Jeanine Pirro tapped prosecutors with scant federal experience to lead failed indictment on Democrats over ‘illegal orders’ video

The Justice Department reportedly failed this week to convince a grand jury to indict the lawmakers over their November video

The Independent UK

Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal

Bad aim, conjugal visits, and a cavalier gun dealer.

Reason

Calls Grow to Fire Kash Patel After Firing Whistleblower Who Exposed His FBI Jet Scandal

FBI Director Kash Patel faces mounting calls for removal after allegedly firing a senior official who exposed his use of a government jet. Patel dismisses the claims as 'baseless rumours'.

International Business Times UK

What are H-1B visas and how might the Trump administration change them?

Trump plans H-1B visa rule changes, focusing on higher wages, potentially disadvantaging early-career foreign workers.

Al Jazeera

Democrats demand hearing for Trump’s top prosecutor in DC as he faces accusations of misconduct

Martin’s nomination has been scrutinized by former federal prosecutors and civil society organizations

The Independent UK

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Fortune

UnitedHealth hired a defamation law firm to go after social media posts criticizing the company

The insurer and its law firm denies a doctor’s online claim that it refused to cover care for a cancer patient.

Capital & Main

These Nurses Got a Union — But Say They Can’t Get a Contract Without a Strike

Six hundred New Orleans nurses join a national surge in pre-contract strikes.

The Texas Tribune

Judge reportedly strikes down Texas law that Ken Paxton frequently uses to investigate companies and nonprofits

A federal judge said Texas’ “request to examine” statute amounts to unconstitutional search and seizure, Bloomberg reported.

International Business Times

FTC Sues 'Middlemen' For Inflating Insulin Drug Prices

The suit accuses the "Big Three" of steering diabetes patients toward high-priced insulin to benefit their bottom lines

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The Independent UK

Oldest federal judge, 97, embroiled in battle with bench trying to suspend her

The 97-year-old was appointed by Ronald Regan 40 years ago

Fortune

What Stanford study of AI copilots really says about the future of LLMs

Yes, RAG reduces hallucinations. No, it doesn't end them. But that doesn't mean AI copilots are doomed.

Ballotpedia

Three states end judicial deference practices

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

PC Gamer

Top Call of Duty esports players sue Activision for $680M in damages, alleging the publisher has an unlawful monopoly on the game's esports scene

Activision dismisses the lawsuit as 'meritless'.

Ballotpedia

SEC emissions disclosure rule could come later than expected

Securities and Exchange Commission (SEC) spokesperson Mellissa Campbell Duru said last week the expected October release date for the commission’s emissions disclosure rule was a best estimate that could be inaccurate, according to a Bloomberg Law report. Campbell Duru also said the SEC—like BlackRock CEO Larry Fink and others in…

WEKU

Why you shouldn't be surprised that autoworkers are asking for a 40% pay raise

Bold union demands, bolstered by a tight labor market and frustration throughout the COVID-19 pandemic, are paying off in some sectors with significant raises for workers.

WEKU

Why auto workers are asking for a 46% pay raise

Bold union demands, bolstered by a tight labor market and frustration throughout the COVID-19 pandemic, are paying off in some sectors with significant raises for workers.

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