The U.S. government, together with industry, needs to set clearer guardrails around sensitive technology shipments destined to China, two panelists said during an event on export controls last week. Another panelist questioned whether the Trump administration is willing to set tougher rules, saying Beijing appears to have recently gained extra leverage and adding that the U.S. has for years failed to deter companies from flouting restrictions against China.
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All shipments of U.S.-origin advanced AI semiconductors will require an export license from the Malaysian government when moving through Malaysia, the country announced July 14, a move that further aligns Malaysia with U.S. efforts to prevent the diversion of sensitive chips to China.
The House Appropriations Committee released an FY 2026 Commerce-Justice-Science appropriations bill July 14 that would provide $303 million for the Bureau of Industry and Security, up $112 million or 59% from the FY 2025 enacted level.
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James Treanor, former attorney-adviser in the Office of Foreign Assets Control's chief counsel's office, has joined Akin as a senior counsel, he announced on LinkedIn. Treanor will help clients with international trade and national security-related regulatory and enforcement issues, including those related to sanctions and export controls. He left OFAC in June.
Adam Szubin, former head of the Treasury Department’s Office of Terrorism and Financial Intelligence and director of the Office of Foreign Assets Control, has joined Covington, where he will work on sanctions, export controls, money laundering and investment security issues. Szubin, who mostly served in the George W. Bush and Obama administrations, was most recently a lawyer with Sullivan & Cromwell.
Alison Cooper has left her role as the Office of Foreign Assets Control's enforcement chief to join the Navy Federal Credit Union, where she will manage issues related to OFAC and the Bank Secrecy Act, she announced on LinkedIn. Cooper worked at OFAC for over two decades, from 1997 to 2011 and again from 2017 until she left this month.
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