​AG Rayfield and AG Raoul co-led a coalition of 21 AGs in a lawsuit to stop the Trump administration from gutting the Corporate Transparency Act, which helps police and prosecutors catch money launderers, fraudsters and tax cheats. The coalition challenge a new regulation that overturns a legal rule in the Corporate Transparency Act that requires businesses tell the federal government who actually owns and controls the business. 

"Yet again, the Trump administration is siding with bad actors and lawlessness over the interest of the American people – this time attempting to gut a bipartisan law intended to protect our country from fraudsters and money launderers. The administration’s rule will empower tax cheats while simultaneously depriving law enforcement of essential data used to stop and prevent financial crimes. I will continue to fight these attempts to erode the rule of law in this country." – AG Raoul