logo
Trump administration appeals judge's ruling blocking Perkins Coie executive order

Trump administration appeals judge's ruling blocking Perkins Coie executive order

The Hill30-06-2025
The Justice Department on Monday appealed a federal judge's order blocking President Trump's executive order against the law firm Perkins Coie aimed at undercutting its business as retribution for ties to his political adversaries.
The notice of appeal comes nearly two months after U.S. District Judge Beryl Howell deemed the order unlawful, suggesting it 'draws from a playbook as old as Shakespeare, who penned the phrase: 'The first thing we do, let's kill all the lawyers.''
It could become an appeals court's first chance to weigh Trump's punitive orders against the Big Law firms.
Perkins Coie was one of six law firms targeted by Trump, having long drawn his ire for advising Hillary Clinton during her 2016 presidential campaign and working with an opposition research firm tied to the discredited Steele dossier.
The orders, said to be 'addressing risks' to the country posed by the firms, cut off employees' security clearances, access to federal government facilities and directed his administration to review any contracts the government has with the law firm.
At a hearing in April, Howell suggested the executive order was a 'throwback to the McCarthy era and the Red Scare era,' a reference to the mid-20th century moral panic about communist and Soviet influence on American institutions that the late Sen. Joseph McCarthy (R-Wis.) spearheaded.
Her May ruling was the first to strike down one of Trump's executive orders against the firms. Three other federal judges have since handed decisive victories to the law firms Jenner & Block, WilmerHale and Susman Godfrey, each deeming Trump's orders unconstitutional.
The Trump administration has argued that it's within the president's discretion to decide who to trust with the nation's secrets and that the order was designed to assuage his concerns about the firms.
The executive orders have fractured the legal industry, as not all firms have fought back, instead opting to strike deals with Trump or remain mum.
While Covington & Burling signed onto a friend-of-the-court brief in support of Perkins Coie, it has not mounted any legal challenge to Trump's executive order against the firm.
The order against Paul, Weiss was rescinded after the firm agreed to dedicate the equivalent of $40 million in pro bono legal services to support Trump administration initiatives; eliminate any diversity, equity and inclusion (DEI) policies; and not deny representation to clients based on their political views.
At least eight other firms struck deals with Trump, despite no executive orders issued against them: Skadden, Arps, Slate, Meagher & Flom; Willkie Farr & Gallagher; Kirkland & Ellis; Latham & Watkins; Cadwalader, Wickersham & Taft; A & O Shearman; Simpson Thacher & Bartlett; and Milbank.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US lenders weighed reputation rules, not politics, in closing accounts, sources say
US lenders weighed reputation rules, not politics, in closing accounts, sources say

Yahoo

time5 minutes ago

  • Yahoo

US lenders weighed reputation rules, not politics, in closing accounts, sources say

By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -Decisions by some major U.S. banks to close accounts were based on rules around reputational risk, people familiar with the matter said, pushing back on President Donald Trump's accusation that he and his conservative supporters were denied services for political reasons. Trump on Tuesday renewed his criticism of JPMorgan Chase and Bank of America, saying they discriminated against him by refusing to accept hundreds of millions of dollars in deposits. While banks have been careful not to contradict the president directly and provoke his ire, two industry sources cited regulations under the former President Joe Biden's administration that forced them to weigh reputational risks as the reason lenders have dropped clients or avoided others. The sources declined to be identified because of the sensitivity of the matter. One bank was concerned about this issue when dealing with Trump because of his legal woes during the Biden administration, the first source said. Spokespeople for JPMorgan and Bank of America both said they do not consider political affiliations in banking decisions and welcomed Trump's efforts to change regulations. A source familiar with the matter said that JPMorgan continues to have a banking relationship with members of the Trump family and it also banks a number of campaign accounts linked to Trump. The White House did not immediately respond to a request seeking comment. BIDEN ERA RULES Under the Biden era, regulators who oversaw the banks would judge the lenders' compliance with the rules, which banks said were based on subjective judgments by government supervisors, the first industry source said. Banks were also concerned about whether regulators would punish them for providing services to individuals who faced legal proceedings, like Trump, the first and second sources said. The main U.S. bank regulators -- the Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency -- have all directed its supervisors this year to stop considering reputational risk when examining banks, a metric that had drawn industry complaints for being too subjective. "The heart of the problem is regulatory overreach and supervisory discretion," the Bank Policy Institute, an industry group, said in a statement. A looming executive order expected as early as this week would instruct regulators to review banks for "politicized or unlawful debanking" practices, according to a draft reviewed by Reuters. Banks also plan to use the current debate to push the government to clarify anti-money laundering laws and establish a clear federal standard on fair access to financial services, the third source said. NOT ISOLATED Trump's criticism echoed longstanding "debanking" complaints from Republicans, who have accused Wall Street banks of "woke capitalism," as well as denying services to gunmakers, fossil-fuel companies and others perceived to be aligned with the political right. Earlier this year, the Trump organization sued Capital One for closing 300 accounts related to the group. The closures came after thousands of Trump supporters stormed the U.S. Capitol on January 6, 2021. Capital One declined to comment beyond its earlier legal filings. Trump also drew headlines in January when he blasted banks for debanking at a gathering of business leaders in Davos, Switzerland. Paul Chesser, director, corporate integrity project at the conservative-leaning National Legal and Policy Center (NLPC), cited former Kansas Governor and Senator Sam Brownback as among the conservatives who were debanked by JPMorgan and other banks. Brownback wrote in the New York Post that JPMorgan had abruptly canceled his newly opened account for the National Committee for Religious Freedom in 2022. The JPMorgan spokesperson said the decision to close the accounts was not related to politics. "The Senator is fully aware why his accounts were closed," the spokesperson said, without elaborating on the reasons for the closure. Brownback told Reuters he had been given five different reasons by the bank for the account closure and was not certain what the final explanation was. NLPC has raised debanking concerns with BofA and JPMorgan through shareholder proposals, which were not included in the banks' proxies, Chesser said. Bank supervision by government regulators is a mostly confidential process that limits banks from explaining to clients why they are declined services. "Customers should not be in the dark about why they are being de-banked," said Chesser. "Nobody got any explanation. They're totally left in the dark. And that is probably the number one priority." Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Tech shares lift Wall St futures on tariff exemption hopes
Tech shares lift Wall St futures on tariff exemption hopes

Yahoo

time5 minutes ago

  • Yahoo

Tech shares lift Wall St futures on tariff exemption hopes

(Reuters) -U.S. stock index futures rose on Thursday, pointing to fresh gains on Wall Street, on signs that major technology companies will avoid President Donald Trump's latest tariffs on chip imports. Apple's shares climbed 3.2% in premarket trading, having risen 5.1% and led gains on Wall Street in the prior session, after Trump said the iPhone maker will invest an additional $100 billion in the U.S., bringing its total commitment to $600 billion over the next four years. Trump also announced a tariff of about 100% on imports of semiconductors but said it would not apply to companies that are manufacturing in the U.S. or have committed to do so. Shares of chipmakers including Nvidia, Advanced Micro Devices and Intel rose in the range of 1.2% to 2.5%. At 06:16 a.m. ET, S&P 500 E-minis were up 53.75 points, or 0.84%, Nasdaq 100 E-minis were up 197 points, or 0.84%, and Dow E-minis were up 274 points, or 0.62%. The president's higher tariffs of 10% to 50% on dozens of trading partners took effect on Thursday. Still, expectations of policy easing by the Federal Reserve - sparked by some disappointing economic data, particularly the July payrolls report - as well as optimism around AI spending by companies have kept markets near record highs. Following the latest jobs data, traders have almost fully priced in a 25 basis point rate cut in September and expect at least two rate cuts this year, according to the CME Group's FedWatch tool. Weekly jobless claims data, due at 08:30 a.m. ET, could offer fresh clues on the health of the labor market and shift rate cut expectations. Investors are also watching for Trump's interim replacement for Fed Governor Adriana Kugler in the coming days, amid expectations that the nominee would be a policy dove who will likely favor bringing interest rates lower. Kugler's resignation leaves an opening at the seven-member Fed Board led by Chair Jerome Powell, who Trump has repeatedly criticized for not cutting borrowing costs. Powell's tenure is due to end in May 2025. Second-quarter earnings barrage continued at full throttle. DoorDash topped revenue estimates and forecasted a stronger-than-expected gross merchandise value for the current quarter. Its shares jumped 8.6%. Lyft's quarterly revenue miss took its stock down 2.3%, even as the ride-hailing firm gave an upbeat gross bookings forecast for the September quarter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Metals Gain as Chinese Trade Data Indicates Robust Demand
Metals Gain as Chinese Trade Data Indicates Robust Demand

Yahoo

time5 minutes ago

  • Yahoo

Metals Gain as Chinese Trade Data Indicates Robust Demand

(Bloomberg) -- All base metals advanced in London as data pointed to surprising strength in China's imports and exports — suggesting a healthy demand in the world's most important market for industrial commodities. All Hail the Humble Speed Hump Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds Three Deaths Reported as NYC Legionnaires' Outbreak Spreads Major Istanbul Projects Are Stalling as City Leaders Sit in Jail PATH Train Service Resumes After Fire at Jersey City Station Despite tariffs imposed by President Donald Trump, growth in shipments from China unexpectedly accelerated in July as suppliers turned to alternative markets. The total value of exports jumped 7.2% from a year earlier, beating economists' forecasts for 5.6% growth. China's manufacturers have increasingly leaned on exports to offset softer growth at home, a trend that helps sustain demand for commodities. Metals are widely used to make industrial products like air conditioners, cars and consumer goods that are sold abroad. Copper imports were also stronger-than-expected, said Zhou Xiao'ou, an analyst with Zijin Tianfeng Futures Co. Purchases of the unwrought metal and products reached 480,000 tons in June, the highest level this year. Russian shipments and cargoes from Chinese-owned mines in Africa may have replaced those rerouted to the US to beat the Trump administration's tariff deadline, she said. Aluminum on the London Metal Exchange gained for a third day, rising 0.6% to $2,625 a ton by 11:25 a.m. London time. Copper was up 0.4% and zinc increased 1%. --With assistance from Sarah Chen and Jack Ryan. Russia's Secret War and the Plot to Kill a German CEO The Pizza Oven Startup With a Plan to Own Every Piece of the Pie AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay A High-Rise Push Is Helping Mumbai Squeeze in Pools, Gyms and Greenery Government Steps Up Campaign Against Business School Diversity ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store