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Trump Reverses Order After Paul Weiss Commits $40M Pro Bono

3/21/2025

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Summary

Trump Reverses Order

President Trump reversed an executive order against Paul Weiss after the firm committed to $40 million in pro bono services and removing DEI policies.
The initial order led to backlash and client losses for the firm due to revoked security clearances.
Trump’s decision followed discussions with Paul Weiss Chairman Brad Karp, who admitted past misconduct by a former partner.
Perkins Coie and Covington & Burling are still under investigation by the Trump administration.

Summary

Trump Revokes Minimum Wage

President Trump revoked Executive Order 14026, eliminating the $15 minimum wage for federal contractors, effective March 14.
The minimum wage for federal contractors will revert to about $10 per hour unless replaced.
Approximately 390,000 workers will miss out on $1.2 billion in anticipated pay increases.
Contractors must monitor compliance updates from the Federal Acquisition Regulatory Council.
Executive Order 13658 remains in effect, preserving minimum wage for contracts prior to January 31, 2022.

History

Historical Context

President Trump's recent decisions to reverse an executive order against Paul Weiss and eliminate the $15 minimum wage for federal contractors reflect ongoing tensions between corporate practices and government policy. Historically, similar conflicts arose during the New Deal era, where government interventions aimed to protect workers often clashed with business interests, highlighting the persistent struggle over labor rights and corporate accountability in U.S. history.

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Trump Reverses Order

President Trump reversed an executive order against Paul Weiss after the firm committed to $40 million in pro bono services and removing DEI policies.
The initial order led to backlash and client losses for the firm due to revoked security clearances.
Trump’s decision followed discussions with Paul Weiss Chairman Brad Karp, who admitted past misconduct by a former partner.
Perkins Coie and Covington & Burling are still under investigation by the Trump administration.

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