The Supreme Court has made its final ruling on the nationwide injunction against the Corporate Transparency Act.
That act includes reporting requirements designed to curb money laundering and fraud, but it has been widely criticized.
Justices will allow the government to enforce the CTA, ultimately lifting the nationwide injunction. However, a separate nationwide order issued by a Texas judge still remains in place. This means an estimated 230,000 farming operations are not yet required to submit their beneficial ownership information.
The act is still being reviewed by the Appeals Court, with oral arguments scheduled for March.
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Thousands of pork producers from around the globe gathered in Des Moines, Iowa, this week for the World Pork Expo to showcase the latest production innovations and learn about market trends in the industry.
“I’ll say first and foremost, we need to make sure that the crop insurance system is not conflicting with these good farming practices.”
“We’re not where we need to be quite yet.”