{"id":8435,"date":"2025-02-20T21:56:09","date_gmt":"2025-02-20T21:56:09","guid":{"rendered":"https:\/\/onlinenews92.com\/?p=8435"},"modified":"2025-02-20T21:56:10","modified_gmt":"2025-02-20T21:56:10","slug":"supreme-court-reinstates","status":"publish","type":"post","link":"https:\/\/onlinenews92.com\/?p=8435","title":{"rendered":"Supreme Court Reinstates"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"640\" src=\"https:\/\/onlinenews92.com\/wp-content\/uploads\/2025\/02\/IMG_0091.jpeg\" alt=\"\" class=\"wp-image-8436\" srcset=\"https:\/\/onlinenews92.com\/wp-content\/uploads\/2025\/02\/IMG_0091.jpeg 512w, https:\/\/onlinenews92.com\/wp-content\/uploads\/2025\/02\/IMG_0091-240x300.jpeg 240w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The U.S. Supreme Court has agreed to\u00a0<strong>reinstate a federal anti-money laundering law<\/strong>\u00a0at the federal government\u2019s request while legal challenges continue in a lower court.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The court issued an&nbsp;<strong>emergency stay<\/strong>, temporarily blocking a federal judge\u2019s injunction against the&nbsp;<strong>Corporate Transparency Act (CTA)<\/strong>. This law mandates that&nbsp;<strong>millions of business entities disclose personal information<\/strong>&nbsp;about their owners to&nbsp;<strong>combat money laundering and financial crimes<\/strong>. Notably,&nbsp;<strong>Justice Ketanji Brown Jackson was the lone dissenter<\/strong>&nbsp;in the ruling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Biden-era&nbsp;<strong>Justice Department petitioned the Supreme Court late last month<\/strong>, urging it to uphold the CTA while the case plays out. The justices&nbsp;<strong>ruled just three days after President Trump\u2019s inauguration<\/strong>, though Trump\u2019s administration had&nbsp;<strong>previously opposed<\/strong>&nbsp;the law during his first term.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally&nbsp;<strong>passed in early 2021<\/strong>&nbsp;as part of the&nbsp;<strong>annual defense bill<\/strong>, the&nbsp;<strong>Corporate Transparency Act<\/strong>&nbsp;requires small business owners to submit&nbsp;<strong>personal details such as birth dates and addresses<\/strong>&nbsp;to the&nbsp;<strong>Financial Crimes Enforcement Network (FinCEN)<\/strong>. The goal is to&nbsp;<strong>increase transparency and curb illicit financial activity<\/strong>, but the law has sparked pushback.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Business groups and&nbsp;<strong>anti-regulatory advocates<\/strong>have actively challenged the measure,&nbsp;<strong>seeking to delay the upcoming compliance deadline<\/strong>. The legal battle continues in the lower courts, but for now, the Supreme Court\u2019s ruling keeps the CTA in effect.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Supreme Court has agreed to\u00a0reinstate a federal anti-money laundering law\u00a0at the federal government\u2019s request while legal challenges continue in a lower court. The court issued&#8230; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8435","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/onlinenews92.com\/index.php?rest_route=\/wp\/v2\/posts\/8435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlinenews92.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlinenews92.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlinenews92.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/onlinenews92.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8435"}],"version-history":[{"count":1,"href":"https:\/\/onlinenews92.com\/index.php?rest_route=\/wp\/v2\/posts\/8435\/revisions"}],"predecessor-version":[{"id":8437,"href":"https:\/\/onlinenews92.com\/index.php?rest_route=\/wp\/v2\/posts\/8435\/revisions\/8437"}],"wp:attachment":[{"href":"https:\/\/onlinenews92.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlinenews92.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlinenews92.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}