Paul Marquardt joined Davis Polk as a partner in its Washington, D.C.-based Financial Institutions Group, the firm announced in a June 14 news release. Marquardt previously led the foreign investment and national security practice at Cleary Gottlieb, where he worked with the Treasury Department's Office of Foreign Assets Control and the Commerce Department's Bureau of Industry and Security.

John Demers, the President Donald Trump-appointed official at the head of the Department of Justice's national security division, is leaving by his post at the end of June, a DOJ spokesperson said. The Biden administration has nominated former Uber executive Matt Olsen to replace him. Olsen is awaiting Senate confirmation. A DOJ spokesperson confirmed that Demers' departure had been pre-planned for months with June being the ultimate cutoff time for him to leave the division. Demers was originally slated to leave his role on inauguration day but was asked to stay on to aid with the transition. The national security division handles many security-related issues, from counterterrorism to export controls.

Former Commerce Department official Melissa Mannino joined BakerHostetler's International Trade and National Security group as a partner in its Washington office, the firm announced in a June 7 news release. Mannino formerly served in Commerce's Office of Chief Counsel for Industry and Security, including as chief of the Enforcement and Litigation Division. She most recently worked at Wilson Sonsini as a trade lawyer on export controls, economic sanctions and foreign investment issues.