Rob Bonta
Role at the time: California attorney general, in a press release announcing the lawsuit
Statement summary
California Attorney General Rob Bonta says Congress passed the Corporate Transparency Act with bipartisan support because law enforcement needed an additional tool to root out illegal financial transactions and corruption.
“Congress passed the Corporate Transparency Act with bipartisan support because it understood law enforcement needed an important additional tool to root out illegal financial transactions and corruption.”
Press release from California Attorney General Rob Bonta announcing that California joined the coalition suing over FinCEN's rule, with his statement.
Archived copy (opens in a new tab)Why we used this label
The case concerns the Treasury rules exempting domestic companies from beneficial ownership reporting. Bonta calls the rollback unlawful and says Congress meant the law as a tool for law enforcement, which condemns the policy under scrutiny.