The Commerce Department is drafting a replacement for its recently repealed AI diffusion rule to ensure the new controls don’t impede U.S. exports to allies, Commerce Secretary Howard Lutnick said June 4.
Jesse Sucher, a former senior adviser and official with the Committee on Foreign Investment in the U.S. and the Office of Foreign Assets Control, has joined FTI Consulting as a senior director, the firm announced on LinkedIn. Sucher left the Treasury Department in 2023.
President Donald Trump has nominated Citi executive Jonathan Burke to be the Treasury Department’s assistant secretary for terrorist financing, the White House told the Senate June 2.
A law firm said May 23 that the U.S. was failing to provide documents requested under the Freedom of Information Act partly because it was relying on a “novelly broad” interpretation of the Export Control Reform Act of 2018 (Husch Blackwell v. Department of Commerce, D.D.C. # 1:24-02733).
Senate Minority Whip Dick Durbin, D-Ill., urged Senate Majority Leader John Thune, R-S.D., June 2 to “immediately” schedule a vote on a bipartisan Russia sanctions bill.
The U.S. should restrict but not completely cut off sales of “compute power” to China, Sen. Mike Rounds, R-S.D., said May 30.
The State Department's Directorate of Defense Trade Controls is preparing to finalize a set of "targeted revisions" to the U.S. Munitions List that it previewed in a January interim final rule (see 2501160027). The changes would exclude entries "that do not warrant inclusion" and add export controls for "critical and emerging technologies that warrant inclusion." DDTC sent the rule for interagency review June 2.
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House Select Committee on China Chairman John Moolenaar, R-Mich., said June 3 that he hopes the Trump administration will release a new AI diffusion export control rule “soon" to replace the one it recently rescinded.
The EU is preparing another package of Russia sanctions, European Commission President Ursula von der Leyen said on LinkedIn, including a measure that could lower the price cap on Russian oil from its current level of $60. The sanctions would specifically target "Russia's energy revenues, including Nord Stream infrastructure, Russia's banking sector" and would involve "lowering the crude oil price cap," the commission said.