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.
