The U.S. Federal Trade Commission’s new premerger notification form under the Hart-Scott-Rodino (HSR) Act went into effect on February 10, 2025, despite pending challenges by business groups. Accordingly, parties to transactions meeting certain jurisdictional thresholds are required to submit HSR filings using the new form to the FTC and the Antitrust Division of the Department of Justice (DOJ). 

On January 28, 2025, President Trump issued Executive Order 14187 titled “Protecting Children from Chemical and Surgical Mutilation” (the EO) which ordered the federal government to aim to limit gender-affirming care offered to children and teenagers under the age of nineteen. The EO warns that the federal government “will not fund, sponsor, promote, assist, or support the so-called ‘transition’ of a child from one sex to another, and it will rigorously enforce all laws that prohibit or limit these destructive and life-altering procedures.”