Inside Political Law

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On July 29, 2025, Attorney General Pam Bondi issued a memorandum titled “Guidance for Recipients of Federal Funding Regarding Unlawful Discrimination.”  The memorandum purports to offer “guidance” and “Best Practices” to recipients of federal funding, including “non-binding suggestions to help entities comply with federal antidiscrimination laws and avoid legal pitfalls.”  The Attorney General’s memorandum follows…

While historically criticized for inconsistency or opacity, the House Ethics Committee appears to be moving toward a more active and transparent enforcement posture.  Last week, the Committee adopted two reports finding Rep. Alexandria Ocasio-Cortez (D-NY) and Rep. Mike Kelly (R-PA) violated House ethics rules.  The reports together serve as a warning—both to Members of Congress…

Employees in the investor relations departments of hedge fund managers and private equity firms typically do not consider themselves “lobbyists.” But state and local regulators sometimes have a different view. This article, published in the Hedge Fund Law Report, explains the types of investor relations activities that could trigger lobbying requirements; summarizes the state…

At the start of each Congress, the House and Senate, along with the various committees in each chamber, adopt internal rules that govern their operations. Though many such rules remain unchanged from one Congress to another, the continued emphasis on congressional investigations across Capitol Hill lends new significance to even subtle changes in the rules…

Covington is pleased to announce that it has revised and updated its comprehensive 50-state survey of political laws for 2025.

Corporations, trade associations, non-profits, other organizations, and individuals face significant penalties and reputational harm if they violate federal or state laws governing corporate and personal political activities, the registration of lobbyists, lobbying reporting, or the…

Covington is pleased to announce that it has revised and updated its comprehensive 50-state survey of pay-to-play laws for 2025.

Companies doing business with the federal government or state and local governments and companies operating in regulated industries are subject to a dizzying array of “pay-to-play” rules. These rules effectively prohibit company executives and employees…

As we highlighted in a prior post, in February, President Trump signed an executive order that expanded the President’s authority over independent agencies within the executive branch that could have important effects on future rulemakings and advisory opinions from the Federal Election Commission (FEC or “Commission”).  In particular, we observed that the order provides…

Last year, an asset manager with offices in New York, Texas, and Vermont was publicly censured by the Securities and Exchange Commission and ordered to pay a substantial fine. Its offense?  The asset manager hired an individual who had previously made a personal political donation to the campaign of a state official who appointed members…

As we previewed in a prior alert, the House Oversight and Government Reform Committee recently published a complete collection of oversight plans adopted by each authorizing committee of the House of Representatives for the current Congress.  Taken together, these plans outline an expansive and aggressive agenda for congressional investigations over the next two years.…

Over the past several months, several states have introduced bills that mirror the federal Foreign Agents Registration Act (“FARA”). There has been a trend in the states to propose so-called “baby FARA” laws that apply to foreign-influenced political activity in the states, though the proposals vary in the scope of activities that are regulated. Last…