REGULATORYSTORY 645· AUGUST 5, 2026

U.S. customs repays $100 billion in liberation day tariffs after Supreme Court ruling

About $100 billion has been returned to American importers after US customs officials repaid roughly 60 percent of the levies collected under the Trump administration's "liberation day" tariff program. A levy is a charge the government…

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ft.com

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Trump bans MS NOW, CNN, Politico from White House press corps

The short version is that three major news organizations lost their standing with the White House after the president banned them. Access means the physical and digital permission to enter a government building to file stories, and without…

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Judge rejects hindsight defense in Silicon Valley Bank collapse case

Hindsight, in a legal proceeding, means assigning blame using knowledge that emerged only after events unfolded, rather than by what a person could reasonably have known at the time. A federal judge has rejected that defense in the case…

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GOP splits over cash for new mothers as guaranteed income debate moves past party lines

A growing number of Republican lawmakers are backing guaranteed income programs for pregnant women and new mothers, even as their own party moves to ban them in at least five states. Guaranteed income means giving families money with few…

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