Prof. Hickman Quoted by Tax Notes Regarding Treasury/IRS Response to COVID-19 Executive Order

Professor Kristin Hickman was quoted in a Tax Notes article, “Treasury Response to Executive Order Could Set Up Clash With OMB,” regarding the potential response of Treasury Department and Internal Revenue Service officials to an Executive Order 13924, “Regulatory Relief to Support Economic Recovery,” issued in response to the COVID-19 public health crisis. The Executive Order instructs agency officials across the federal government to rescind, modify, or waive regulations to support economic recovery after the crisis. Although Prof. Hickman declined to specify particular actions that Treasury and the IRS could take in response to the Executive Order, she expressed the view that the agencies should be able to find additional actions to pursue, given the number and subject-matter range of Treasury and IRS rules, regulations, and requirements. She also speculated that Treasury and the IRS might choose not to respond to the Executive Order because it was not aimed at them directly.