Supreme Court Reinstates

The U.S. Supreme Court reinstated the Corporate Transparency Act (CTA) at the federal government’s request while a legal challenge continues. The emergency stay blocks a judge’s injunction against the law, with Justice Ketanji Brown Jackson as the lone ,

dissenter. The Biden-era Justice Department sought the ruling, which came three days after Trump’s inauguration. Passed in 2021, the CTA requires small businesses to disclose owners’ personal information to fight money laundering. Business groups and anti-regulatory advocates are pushing to delay the law’s enforcement.