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Macro
Reconciliation & Debt Limit
As noted in our update last week (see this link), House committees are voting on the spending components of the reconciliation bill over the next two weeks. The House Ways and Means (W&M) Committee, which is responsible for tax legislation reportedly has a tentative plan to vote on 5/12-13. However, a member of the committee (Rep. Lahood (R-IL))...
Tech / Media / Telecom
Antitrust (Meta)
The FTC’s antitrust trial against Meta has begun. The trial – which is being heard in the DC District Court by Judge Boasberg – is expected to last around two months and conclude in mid-June. A decision in the case is expected in ~Q3 (though this could slip). To the degree Meta is found guilty by the court of antitrust violations, remedies...
Tech / Media / Telecom
Antitrust (Google)
Judge Brinkema of the United States District Court for the Eastern District of VA has found Google liable for monopolizing portions of the adtech market.
Tech / Media / Telecom
Antitrust (Google)
Recent/upcoming developments… Judge Brinkema of the United States District Court for the Eastern District of VA has found Google liable for monopolizing portions of the adtech market. * In her decision, Brinkema ruled that Google illegally monopolized the publisher ad server and ad exchange markets, violating Sections 1 and 2 of the Sherman...
Healthcare
Nutrition Policy/Food Safety
HHS Secretary Kennedy and FDA Commissioner Makary have announced a multipart plan to phase out eight petroleum-based food dyes from the U.S. food supply, citing potential links to health issues like ADHD and cancer in children.
Healthcare
Medicaid Provider Taxes
A proposed rule entitled “Preserving Medicaid Funding for Vulnerable Populations – Closing a Health Care-Related Tax Loophole” has appeared on the regulatory agenda for HHS/CMS and is currently at the Office of Management & Budget (OMB) for review before being released. Currently, nothing definitive is known of the proposed rulemaking aside from...
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