21 State Ags Sue The U.S. Treasury Over Its Beneficial Ownership Reporting Rules

Twenty-one Democratic attorneys general have sued the U.S. Treasury regarding its decision not to require domestic entities to report information on the true owners of their companies. See Oregon v. Bessent, No. 6:26-cv-02359-MTK (D. Or. filed Oct. 27, 2026); OR AG Press Release; NY AG Press Release; see also our ALERT of Aug. 12, 2026. The AGs are asking the court to declare the U.S. Treasury’s interim and final rules unlawful and to block the U.S. Treasury from purging accumulated ownership data.

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