REBO Quarterly

On 11 December 2025, President Trump signed an Executive Order (EO) titled, “Ensuring A National Policy Framework For Artificial Intelligence,” signaling a major shift in US AI policy. 

The One Big Beautiful Bill Act makes major changes to the Internal Revenue Code’s clean energy tax provisions, particularly to the provisions that were extended, expanded, and established as part of the 2022 Inflation Reduction Act.

Congress created a new framework around payment stablecoins but has done more than regulate a digital asset class—it has quietly set in motion a potential transformation of the regulation of core payment systems. 

Senators Chuck Grassley (R-IA) and Dick Durbin (D-IL) introduced on 29 September 2025, the H–1B and L–1 Visa Reform Act of 2025, a bipartisan proposal to overhaul two of the most widely used employment-based visa programs in the United States.