Rollback of Key Protections Under the Corporate Transparency Act (Oregon v. Bessent, D. Or.)

Lawsuit challenging a rule issued by the Treasury Department that guts existing regulations under the Corporate Transparency Act that require corporate entities to disclose their ownership information to the Financial Crimes Enforcement Network. Unless stopped, these federal efforts would allow shell companies to hide their financial transactions from law enforcement and would be a gift to criminals and tax cheats.

Litigation Details

Case filed on: October 27, 2026

Updates

Date

Update

10/27/2026

On 10/27/26, the plaintiff states filed their complaint.