California faces a new multimillion-dollar deficit despite its enormous state budget. Newsom is disqualified from the presidential race.

 

The U.S. Supreme Court has agreed to reinstate a federal anti-money laundering law at the request of the federal government while a lower court challenge continues.

The court's emergency stay temporarily halts a federal judge's injunction that had blocked the Corporate Transparency Act (CTA), which requires millions of business entities to disclose personal information about their owners, noting that Judge Ketanji Brown Jackson was the sole dissenter.

Late last month, the Biden-era Justice Department petitioned the high court to intervene, and it issued its ruling just three days after President Trump's inauguration. While the Trump Justice Department did not withdraw the request, it had opposed the new law during its first term.