Stablecoins Part 2: The Clarity Act Explained

Environmental Auditing and Penalty Mitigation: Leveraging EPA’s Audit Policy Under the Trump Admin

The Trump Administration’s U.S. Environmental Protection Agency (EPA) is shifting its enforcement approach from aggressive actions to more cooperative mechanisms, such as compliance assistance programs and voluntary self-disclosure. For regulated industries such as manufacturing, heavy industry, and mineral extraction, this creates an opportunity to strengthen compliance while reducing enforcement risk. EPA’s long-standing Audit Policy offers significant benefits, ranging from elimination or reduction of civil penalties to tailored incentives for new owners and clearer correction timelines. Successfully leveraging the policy, however, requires careful planning, strategic decisions on disclosure, and an understanding of potential risks. Co-hosted by Kelley Drye and Fehr Graham, this podcast version of the webinar features Kelley Drye Partners Wayne D’Angelo and Joseph Green and Fehr Graham’s Matt Schroeder, EHS Practice Lead. Together, they share practical guidance on how companies can use EPA’s Audit Policy to manage compliance obligations, mitigate penalties, and minimize enforcement exposure. Theyvexplore: - Recent policy shifts at EPA under the Trump Administration and their implications for regulated industries - The benefits of EPA’s Audit Policy and the New Owner Audit Policy - Key considerations and potential risks when undertaking audits and disclosures - Practical tips to preserve privilege and maximize penalty mitigation - Insights into EPA’s coordination with state agencies and how that impacts disclosure decisions To view the slide deck, click here: https://s3.amazonaws.com/cdn.kelleydrye.com/content/uploads/Environmental-Auditing-and-Penalty-Mitigation_Leveraging-EPAs-Audit-Policy-Under-the-Trump-Administration.pdf To view the full Zoom recording of the wfebinar, click here: https://vimeo.com/1129965500/6bac9e3b70?share=copy&fl=sv&fe=ci

Stablecoins Part 2: The Clarity Act Explained

In this episode of The Legal Download, Matthew C. Luzadder is joined by Adrian Wall, CEO of the Digital Sovereignty Alliance, along with Kelley Drye Partner Jeffrey J. Hunter, for the second part of our stablecoin series. Following their discussion of the GENIUS Act, this conversation turns to the Clarity Act — the broader market structure legislation shaping digital assets. Topics include: • How the Clarity Act builds on the GENIUS Act • Resolving SEC vs. CFTC jurisdiction • What counts as a security versus a commodity • Defining “decentralized systems” under the law • Implications for innovation, consumer protection, and market certainty • Bipartisan momentum in Congress and what comes next Together, the GENIUS Act and Clarity Act form the foundation of a new U.S. framework for digital assets.

Stablecoins, Regulation, and the GENIUS Act: What Businesses Need to Know

In this episode of The Legal Download, Matt Luzadder, Office Managing Partner of Kelley Drye’s Chicago office, is joined by Adrian Wall, CEO of the Digital Sovereignty Alliance and leader of the Stablecoin Leadership Alliance, along with Kelley Drye Partner Jeff Hunter, to discuss the hot topic of stablecoins and the GENIUS Act. The conversation explores why stablecoins matter for businesses today, the goals of the GENIUS Act and which assets it does and does not regulate, and the importance of requiring reserve assets to back digital currencies. The guests also explain the different federal and state regulatory pathways for issuers, how the Act seeks to balance consumer protection, innovation, and U.S. dollar dominance, and what may come next with legislation such as the forthcoming CLARITY Act. This episode offers context, clarity, and practical insight into the evolving digital asset regulatory landscape.

The Future of NEPA: Supreme Court Signals a Reset

On this episode of Legal Download, Kelley Drye partners Joe Green and Wayne D’Angelo, along with special counsel Frances Morris, explore the Supreme Court’s decision in Seven County Infrastructure Coalition v. Eagle County, Colorado—the most consequential ruling on National Environmental Policy Act (NEPA) in decades. They walk through the Court’s reasoning, its restoration of agency deference, and its potential to reduce litigation risk, streamline reviews, and reset NEPA’s role as a procedural statute. A must-listen for lawyers, project developers, and agencies navigating permitting and environmental reviews. For more information: https://www.kelleydrye.com/practices/environmental

EPA Proposes First National Drinking Water Standard for PFAS

On today’s episode of Legal Download, attorneys from Kelley Drye’s Environmental practice will be joined by Kathi Wurzel, a board-certified toxicologist with NewFields, an environmental and engineering consulting firm, to discuss the first proposed national drinking water standard for PFAS released by the EPA this spring. Associate Sabrina Morelli moderates the discussion as Kathi, partner Steven Humphreys and associate Zoe Makoul discuss the standards and the impact of PFAS.