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The latest headlines from Bloomberg Tax
Stay informed with access to news and practitioner commentary on Bloomberg Tax Research.
States Lack Right to Sue Trump Over Wind Pause, DOJ Tells Court
The Justice Department urged a federal judge to dismiss a preliminary injunction motion brought by a New York-led coalition of states over the Trump administration’s offshore wind approval pause, saying the states lack standing to sue and failed to show they’d suffer concrete harm.
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Dueling Goals for New ESG 401(k) Rule to Vex Trump’s Regulators
The US Labor Department in replacing a Biden-era eco-friendly 401(k) rule is set to encounter pressure to balance the Trump administration’s interest in deterring ESG investments with plan sponsors’ needs for regulatory consistency and worker litigation safeguards.
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Trump’s Tariff Options Slower, More Complex If Court Fight Fails
President Donald Trump’s administration insists his tariffs are here to stay, one way or another.
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Trump Wins Tariff Reprieve as Trade Agenda Faces Rollback (3)
A federal appeals court offered President Donald Trumpa temporary reprieve from a ruling threatening to throw out the bulk of his sweeping tariff agenda, giving at least some hope to a White House now facing substantial new restrictions on its effort to rewrite the global trading order.
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Trump Slams Ex-Federalist Society Leader After Tariff Ruling (1)
President Donald Trump said he was “disappointed” in the Federalist Society and called out as a “sleazebag,” the group’s former leader Leonard Leo, who served as an influential adviser on judicial nominations during his first term.
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Trump Names Paul Ingrassia to Lead Office of Special Counsel (1)
If confirmed, Ingrassia, currently the White House Liaison to the Department of Homeland Security, will lead the independent agency tasked with policing political corruption and abuse of government employees.
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Goodwin Procter Cuts Recruiter Contract After EEOC Criticism (1)
Goodwin Procter terminated a contract with a recruiting operation following its founder’s critical comments about the law firm’s response to a federal diversity probe.
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Appeals Court Allows Trump Tariffs to Stay in Effect for Now (2)
A federal appeals court temporarily paused a sweeping ruling against President Donald Trump’s global tariffs while it takes more time to consider the administration’s request for a longer-lasting hold.
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Exxon, BP, Philips Sued as Responsible in 2021 Heat Wave Death
The daughter of a Washington state woman who died due to overheating is seeking damages from fossil fuel companies such as ExxonMobil Corp., saying the energy giants caused unfathomable pain and suffering by worsening man-made climate change.
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Talking Tax
Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, lawyers, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered.

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