Insights: Clients

Energy, Financials, Healthcare, Macro, Tech / Media / Telecom

Senate Republican negotiations on changes to the House-passed reconciliation bill are intensifying. It appears that changes under consideration in the Senate increase the deficit by ~$600-700b beyond the House-passed bill’s $2.4t deficit impact, though there is consideration of adding provisions to try to close that gap. House conservatives are...

Tech / Media / Telecom

Content Moderation

The comment period has closed for the Federal Trade Commission’s (FTC) inquiry into “Technology Platform Censorship.”

Tech / Media / Telecom

Antitrust (Google)

The U.S. District Court for D.C. held closing arguments in the remedies phase of the DOJ’s search antitrust lawsuit against Google.

Tech / Media / Telecom

Broadband (BEAD)

Secretary Lutnick said in testimony to the Senate Appropriations Committee yesterday that he expects to “shortly” issue a new Notice of Funding Opportunity (NOFO) for the $42b BEAD program (i.e., guidance on how funding can be used). This is consistent with mid-May comments from Sen. Capito (R-WV), Chair of the Senate Broadband Caucus, that new...

Mergers & Acquisitions

Aya Healthcare/Cross Country

We believe the companies may be in a position to certify compliance with the FTC’s second request (104 days and counting) as soon as next month. Given the December 3, 2025 terminate date under the Merger Agreement (MA), the companies should be highly sensitive to the duration of this investigation, and if they do not believe any enforcement...

Energy, Financials, Healthcare, Macro, Tech / Media / Telecom

Senate Republicans have indicated that the committees responsible for various components of their emerging reconciliation legislation will be releasing draft text in the next couple of days. The Senate Finance Committee, which is responsible for taxes and entitlement programs (e.g., Medicaid, ACA) is likely to be last, with release of its text...