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Tech Policy in the 118th Congress

Hogan Lovells attorneys discuss tech policy in the 118th Congress.


U.S. Commerce, Treasury Departments issue reports on pending outbound investment screening regime

Congressionally-mandated reports recently issued by the U.S. Department of the Treasury and the U.S. Department of Commerce reinforce previously reported details of the outbound investment...


Legislation to grant U.S. government sweeping authority over ICT-related national security threats

On 7 March 2023, U.S. Senators Mark Warner and John Thune introduced the Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT) Act,...


Significant new U.S., UK and EU measures mark anniversary of Russia’s invasion of Ukraine

On 24 February 2023, the U.S. intensified its sanctions on Russia and released new trade control measures targeting key sectors, evasion efforts, and military supplies. Taken together, the...


CHIPS Act funding window now open for U.S. semiconductor industry

The CHIPS and Science Act of 2022 is offering US$52.7 billion in federal funding to semiconductor research, development, and manufacturing. Three funding opportunities are currently...


Update: U.S. sanctions regarding Russian-origin crude oil and price cap

On 2 December 2022, the US Department of the Treasury issued a press release announcing a $60/barrel price cap that will apply to the prohibition on US persons from engaging in a broad...


OFAC releases new guidance on the price cap policy for crude oil of Russian Federation origin

The U.S. Department of the Treasury’s Office of Foreign Assets Control published a Determination pursuant to Executive Order 14071 that implements the price cap policy for crude oil...


U.S. Government seeks to restrict biotechnology cooperation with China

The United States government is increasingly scrutinizing U.S. industry’s reliance on China for biotechnology research and development and manufacturing, and is taking steps to expand ...


OFAC issues guidance on implementation of G7 price cap on Russian crude oil and petroleum products

On 9 September 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published “Preliminary Guidance on Implementation of a Maritime Services...

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