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Prime Insights

May 8, 2018

Rescissions, Rescissions

The Constitution empowers Congress with the powers of the purse to appropriate funding for the federal government.  Prior to 1974, Presidents had the authority to "impound" or not spend monies appropriated by Congress.  In 1974, in response to what Congress...

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April 9, 2018

A CFIUS Rewrite Looms

President Trump’s trade agenda has taken center stage as of late. High-profile developments; such as the recently announced $50 billion worth of trade tariffs on Chinese imports (with the possibility of $100 billion more on the horizon), the steel and...

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