Category:Regulation
Chicago’s Battle for Affordable Housing
As Chicago grapples with a severe affordable housing shortage—an estimated 119,000 units short—the city continues to experiment with policy solutions. More than half of Chicagoans are rent-burdened, meaning they spend over 30% of their income on rent and utilities. In response, city leaders have turned to tax abatements and zoning mandates to increase the supply of affordable housing. Two key programs—the Affordable Housing Special Assessment Program (AHSAP) and the Affordable Requirements Ordinance (ARO)—represent different approaches to tackling this crisis. Chicago’s affordable housing crisis requires a multifaceted approach, and while the AHSAP and ARO offer valuable incentives and mandates, neither alone is sufficient to address the city’s deep-rooted affordability and racial equity challenges.
Regulating Childhood: Mass Deportations of Unaccompanied Minors
Undocumented minors are children, and the federal government should treat them as such. The attitude and justifications for harsh immigration policies are deeply rooted in the United States’ history along the Southern border and remain all too prevalent in today’s “tough on crime” approach to immigration. The Trump administration has repeatedly referred to undocumented immigrants as “criminals,” even though more than half of the 43,759 people held in ICE detention facilities have no criminal record. Yet, undocumented children appear to be the latest target of the president’s anti-immigrant crusade.
CFPB Faces Uncertain Future: What it Means for Consumers
The US Consumer Financial Protection Bureau (CFPB) is a government agency that ensures consumers are “treated fairly by banks, lenders, and other financial institutions.” Along with enforcing consumer protection laws, the CFPB oversees products, like credit cards and mortgages, and investigates complaints regarding dishonest or illegal activity to hold companies accountable. The CFPB has faced controversy about whether or not the agency has too much power. However, the CFPB is currently under increased scrutiny by the Trump administration, which could result in issues with consumer financial protections.
Executive Order 14216: What it Means for the Regulatory State
On February 18, 2025, President Donald Trump signed Executive Order 14216, titled “Ensuring Accountability for All Agencies,” mandating that independent federal agencies route their rules and new actions through the Office of Management and Budget (OMB). The order aims to enhance presidential oversight over agencies that traditionally operate with a degree of autonomy, like as the Federal Trade Commission (FTC), Securities and Exchange Commission (SEC), and Federal Communications Commission (FCC). The order signifies a substantial shift in the dynamics of the American regulatory state.
Effects of Ongoing Deregulation Under the Trump Administration: DOGE and the Congressional Review Act
Congressional Republicans have faced growing public pushback in early 2025, even from their own voters, regarding their collective inaction as the Trump administration has continued to consolidate power in the executive branch. At the same time, Congressional Republicans have faced increased pressure from the Trump administration, and Speaker of the House Mike Johnson, to continue to gut regulations and deliver President Trump’s corporate-focused agenda. One method that experts expect Republican lawmakers to utilize in addressing these pressures is the Congressional Review Act (CRA). The CRA allows Congress to repeal recently issued final regulations with only a narrow majority, which could thus lead to harmful deregulation that will likely compound the deregulatory actions already seen by Elon Musk’s Department of Government Efficiency (DOGE).
Curbing Censorship: The Constitutional Challenges of Addressing Social Media Moderation
At a time when so many people rely on online spaces for news, connection, and the exchange of ideas, the balance between free speech and content moderation is more important than ever. In recent months, there have been rising concerns over potential government censorship and the proliferation of misinformation, especially on social media. The lack of transparency in the tech industry makes this issue uniquely tricky, as each platform’s distinct algorithms are largely proprietary. However, many users feel that their voices are being silenced based on the nature of the content they are releasing. The possibilities for remedying these concerns are limited, as the First Amendment expressly protects private companies from government censorship (including the requirement that they host specific content), but there are several potential paths forward that could have far-reaching implications for the future of social media content moderation.
Chicago’s Low-Income Housing Trust Fund at a Crossroads: Leadership, Equity, and an Uncertain Future
On February 11, the Chicago City Council Committee on Housing and Real Estate delayed approval of the appointment of eight board members to oversee the city’s low-income housing trust fund. The vote was postponed due to concerns about the lack of Black representation on the board and among the appointees, particularly from the South and West sides. For decades, Chicago has grappled with the challenge of providing affordable housing to its poorest residents. The Chicago Low-Income Housing Trust Fund (“Trust Fund”), established in 1987, has been a crucial force in addressing this need. The Trust Fund was created through a City Council ordinance and supports low-income residents—those earning at or below 50% of the city’s median income—by funding rental subsidies and housing programs.
Will California’s Anti-Price-Gouging Measures be Effective in the Wake of Wildfires?
In response to the January 2025 wildfires that have burned through Los Angeles County (L.A. County), California Governor Gavin Newsom issued numerous executive orders including Executive Order N-9-25, which extended renter protections against price gouging on hotel and motel rates, as well as rental housing prices across the county. Around 12,000 homes and buildings have been destroyed in the fires, leaving behind a worsening shortage of affordable housing for Los Angeles residents. To make matters worse, as the housing supply in L.A. County has suffered, there have been reports of price gouging on rent and housing costs by landlords and property owners. California law protects residents from price gouging following a natural disaster through a 10% cap on price increases. Thus, tenants’ rights advocates have called for strict enforcement against those who impose excessive price increases in violation of this regulation.
Trump’s New Administration Puts ESG on the Chopping Block
Over the past decade, Environmental, Social, and Governance (ESG) considerations have become an integral part of the corporate compliance landscape. The term captures a wide range of issues, including sustainable investing, equitable board composition, climate change efforts, shareholder rights, executive compensation, and diversity, equity and inclusion (DEI) programming. Amidst its growth in prominence, ESG has been hotly debated in recent years, with an energetic anti-ESG movement taking hold in conservative circles. The politicization of ESG made it a major issue in the 2024 presidential race, and as a candidate, President Trump promised to dismantle its regulatory framework if elected. Now in the early days of his administration, he has begun to act on those promises, laying the groundwork for his administration’s regulatory agenda and signaling his priorities for the next four years.
Major Regulatory Rollbacks Expected from Trump’s New SEC
With the return of the Trump Administration looming large, rumors of possible regulatory appointments are already swirling. One federal agency that will undoubtedly see major changes with the transition of power is the Securities and Exchange Commission (SEC), the authority responsible for regulating the securities market and protecting investors. With the shift in presidential administration coupled with significant GOP gains in the House and Senate, analysts have begun to speculate on how agency leadership and staffing changes will impact securities policy and rulemaking, and what the rest of the country can expect from the markets over the next four years.