In a stunning and highly anticipated decision, the U.S. Supreme Court delivered an 8‑1 ruling that reinstates a key federal anti‑money laundering law—an outcome hailed by proponents of fiscal reform and government efficiency alike,
The ruling comes amid a contentious legal battle over the Corporate Transparency Act (CTA), a law that mandates millions of small business entities disclose detailed personal information about their owners. With Justice Ketanji Brown Jackson as the lone dissenter, this decision not only reaffirms federal efforts to combat financial crimes but also sets a precedent for how disputes over federal versus state authority are resolved.