21 States Sue Trump Administration Over Corporate Secrecy Rules, Warning of Growing Financial Crime Risks

A coalition of 21 U.S. states and the District of Columbia has filed a federal lawsuit against President Donald Trump’s administration, challenging its decision to eliminate corporate ownership reporting requirements for most American businesses. The lawsuit, filed October 27, 2026, in the U.S. District Court for the District of Oregon, argues that the administration unlawfully […]