05/06/2026
Source - local news 5/6/2026.
A federal judge struck down a statute that mandated the U.S. Treasury’s Financial Crimes Enforcement Network to receive a report on all non-financed (all-cash) residential real estate purchases made by legal entities, trusts or corporations. Judge Jeremy Kernodle found that the Treasury overstepped its authority, failing to justify treating all such transactions as inherently criminal.