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The Latest Breaking News from Davis Polk

‘A capitalistic cowardice’: big law firms being threatened by Trump face pressure to speak out

Trump signed executive orders aimed at firms challenging his administration’s priorities, roiling the legal community

The Guardian - US

Crypto czar David Sacks says NFTs and memecoins are collectibles, not securities

Sacks likened Trump’s recently-released memecoin to ‘a baseball card or a stamp.’

Fortune

Ivy League students lose job offers from top law firm over Israel statements

It comes as Ivy League universities across the US are embroiled in rows around the response to the Israel-Hamas war

The Independent UK

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Leading US law firm says it rescinded job offers to students who backed Israel-Hamas letters

Davis Polk won’t hire Harvard and Columbia students because they allegedly supported letters blaming Israel for violence

The Guardian - US

Working from home becomes a once-a-week perk for some office goers

A small but growing list of big-name companies like BlackRock Inc., Walt Disney Co. and Chipotle Mexican Grill Inc. are taking their return-to-office mandates up a notch, calling employees back to their desks four days a week.

Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator - Roll Call

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

Roll Call

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AP: Probe finds evidence of bank boss' romance with top aide

Investigators say they found evidence a former Trump official who heads Latin America’s biggest development bank carried on a romantic relationship with his chief of staff

People

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Chipotle Mexican Grill Inc.

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