Justice Department Asks Supreme Court to Reinstate Beneficial Ownership Reporting Rule

The Corporate Transparency Act reporting provision was blocked by the Fifth Circuit on Dec. 26 while the litigation works its way through the lower courts. The Department of Justice (DOJ) asked the U.S. Supreme Court on Dec. 31, 2024, for an emergency order resurrecting a federal anti-money laundering law that lower courts blocked weeks earlier.

How the Biden Admin Allowed Iran To Rake in Illicit Oil Cash Amid Tehran’s Terror Spree

Earlier this year, officials from across the Biden-Harris administration reviewed intelligence detailing Iraq’s central role in a billion-dollar Iranian oil smuggling scheme. But they largely ignored that intelligence, according to those briefed on the matter, giving Tehran what one former U.S. official described as a “free pass” to evade American sanctions and rake in illicit