 
Corporate Spotlight
The US Supreme Court rejected a bid by tech industry group NetChoice to put a Mississippi law limiting minors' social media access on hold while a First Amendment challenge to the law moves forward. The law makes age verification mandatory for social media use and requires parental consent for minors to establish social media accounts.
The Trump administration reportedly is in discussions about taking a stake in Intel to support the company's planned Ohio chip manufacturing facility, which has been delayed due to financial challenges. The talks are centered on whether to use funding from the CHIPS and Science Act toward purchasing a stake in Intel, sources said. The reported discussions come after a recent meeting between Intel Chief Executive Lip-Bu Tan and President Donald Trump, who previously called for Tan to be removed as CEO.
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National News
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Smith (Kevin Dietsch/Getty Images) |
District of Columbia Attorney General Brian Schwalb filed a lawsuit challenging moves by President Donald Trump and the Justice Department to take federal control of the Metropolitan Police Department under the D.C. Home Rule Act. US Attorney General Pam Bondi has ordered Drug Enforcement Administration head Terry Cole to take the role of emergency police commissioner in the District. Police Chief Pamela Smith said the appointment would upend her department's command structure, adding that she has "never seen a single government action that would cause a greater threat to law and order than this dangerous directive."
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Financial and Tax Update
The Justice Department and the Securities and Exchange Commission have charged Ryan Wear, former owner of Water Station Management, and former fund portfolio manager Jordan Chirico in connection with a $200 million Ponzi scheme involving nonexistent water vending machines. The operation primarily targeted retail investors and military veterans, with both federal criminal and civil charges filed as a result. Wear faces securities and wire fraud charges, while Chirico is charged with investment adviser fraud.
The Justice Department and the White House National Economic Council plan to conduct a review of state laws deemed to "significantly and adversely affect the national economy or interstate economic activity." The department said it also is seeking public input on ways to address any such impacts of state laws.
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PLI News
Earn up to 3.5 credits. Are you a social media user? Become an early adopter of relevant technology with an awareness of legal ethics implications: PLI's newly recorded Ethics in Social Media 2025 will help you better represent yourself and your clients using these technologies -- and stay on the right side of legal ethics in your personal and professional lives. One attendee said they "watched this online and [were] very impressed with the 'real world' examples and true situations that arise. Mixing in case law was helpful too."
Earn up to 4.5 credits. When it comes to sports law, the game has changed. Developments involving name, image and likeness policy; revenue sharing; and student-athletes designated as employees have signaled a major shift in how key aspects of collegiate sports operate from a legal perspective. Stream PLI's on-demand program and hear from some of the field's leading counsel presenting on topics in an "informative and engaging format."
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Employment Focus
A panel of the US Court of Appeals for the District of Columbia Circuit issued a 2-1 decision allowing the Consumer Financial Protection Bureau to proceed with a reduction in force affecting nearly 1,400 employees, which would leave the CFPB with only about 200 on staff. Judge Gregory Katsas wrote for the majority that a lower court "lacked jurisdiction to consider the claims predicated on loss of employment, which must proceed through the specialized-review scheme established in the Civil Service Reform Act."
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Supreme Court and Federal Court Watch
US District Judge Vince Chhabria blocked the Department of Health and Human Services from sharing Medicare enrollees' data with the Department of Homeland Security under an agreement related to the Trump administration's immigration crackdown. The order, which applies to enrollees in California and 19 other states, will be in place until HHS provides "reasoned decisionmaking" for sharing such data, Chhabria said.
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ICYMI: The most popular stories from our last issue
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