Category Archives: Government

TAXPAYER FUNDED “INSTITUTE OF PEACE” WASTES $55 MILLION IN TAXPAYER DOLLARS ON SALARIES AND BENEFITS AND PRODUCES NO PEACE

DOGE Executes Mass Firings at U.S. Institute of Peace: ‘Failed to Deliver Peace’

SAUL LOEB/AFP via Getty Images

Mass firings took place at the U.S. Institute of Peace (USIP) on Friday, several sources familiar with the matter told CBS News.

The employees were terminated effective immediately as part of the Department of Government Efficiency’s (DOGE) whole-of-government effort to slash wasteful spending. USIP employees told The Washington Post that between 200 and 300 people had been fired, which is nearly all of the institute’s headquarters staff.

The reported firings come after President Donald Trump signed an executive order in February aimed at dismantling the USIP, which is a congressionally funded organization. The Trump administration has been working to freeze the organization’s funding and replace its board.

USIP was created by Congress in 1984 under former President Ronald Reagan and was formally established as “an independent, nonprofit corporation,” according to CBS News. The USIP has a $55 million budget and a purported mission to promote conflict resolution and prevent conflict across the globe.

“Taxpayers don’t want to spend $50 million per year on a publicly-funded ‘research institute’ that has failed to deliver peace,” White House press deputy secretary Anna Kelly told the outlet on Saturday.

“President Trump ended the era of forever wars and established peace in his first term, and he is carrying out his mandate to eliminate bloat and save taxpayer dollars,” Kelly continued.

Fired employees were notified of their termination by email for a USIP email address, according to the report.

“Dear [Employee], this letter is to inform you of a change in your employment status with United State Institute of Peace (sic),” a copy of an email obtained by the outlet reads. “Effective March 28, 2025, your employment with us will conclude.”

The firings come after a federal judge earlier this month declined to grant a temporary restraining order to block DOGE from accessing USIP. The USIP had asked the judge to keep DOGE from “completing the unlawful dismantling of the institute.”

The firings took place the same day the Trump administration worked to formally close the U.S. Agency for International Development (USAID).

NEVER SHOWING UP FOR WORK FOR YEARS, WHAT A GREAT GOVERNMENT FAKE JOB AND NO OVERSIGHT AT ALL!

Your taxes funded lavish vacations, luxury cars, and fake jobs

The deep state isn’t a conspiracy theory — it’s a reality. And the corrupt, free-spending Federal Mediation and Conciliation Service is just one example of how Washington insiders enrich themselves.

A little-known agency in Washington perfectly encapsulates everything wrong with our bloated, corrupt government: the Federal Mediation and Conciliation Service. It should be the poster child of everything that Elon Musk is exposing.

The agency was established in 1947 under the Labor Management Relations Act to serve as an independent agency mediating disputes between unions and businesses — a noble mission, perhaps. But like so many government institutions, it has rotted into something far removed from its original purpose.

The FMCS goes beyond mismanagement into blatant corruption and theft.

What was once a mechanism for labor stability has morphed into an unchecked slush fund — an exclusive playground for bureaucrats living high on taxpayer dollars.

The FMCS is a textbook case of government waste, an agency that no one was watching, where employees didn’t even bother showing up for work — some hadn’t for years. And yet they still collected paychecks and spent government money — our money — on their personal luxuries.

Luxury cars and cell phone bills

The Department of Government Efficiency discovered how FMCS employees used government credit cards — intended for official business — to lease luxury cars, cover personal cell phone bills, and even subscribe to USA Today. The agency’s information technology director, James Donnan, apparently billed taxpayers his wife’s cell phone bill, cable TV subscriptions in multiple homes, and personal subscriptions.

FMCS officials commissioned portraits of themselves and hung them in their offices, and you footed the bill. They took exotic vacations and hired their friends and relatives to keep the gravy train rolling.

The FMCS goes beyond mismanagement into blatant corruption and theft — and it went on for decades, unnoticed and unchallenged.

President Donald Trump signed an executive order to abolish the FMCS — a necessary and long-overdue move. But the FMCS is just one of many agencies within the federal government burning through billions of taxpayer dollars. How many more slush funds exist in the shadows, funneling money into the pockets of bureaucrats who produce nothing? How many government-funded NGOs operate in direct opposition to American interests?

Perhaps the most disturbing question is why Americans tolerate such corruption. Why do so many Americans tolerate this? Why is the left — supposedly the party of the people — defending the very institutions that rob working-class Americans blind?

Corruption beyond bureaucracy

The recent rallies led by Sen. Bernie Sanders (I-Vt.), Rep. Alexandria Ocasio-Cortez (D-N.Y.), and their socialist acolytes claim to be a grassroots uprising against corruption and greed. But GPS data from these rallies tells a different story. The majority of attendees aren’t ordinary citizens fed up with the status quo. They’re professional activists — serial agitators who bounce from protest to protest.

Roughly 84% of devices tracked at these rallies were present at multiple Kamala Harris events. A staggering 31% appeared at over 20 separate demonstrations, tied to Antifa, Black Lives Matter, and pro-Palestinian causes.

Many of these organizations receive federal grant money — our tax dollars — and they’re using those funds to protest the very policies that threaten to cut off their financial lifeline.

This isn’t democracy in action. This is political theater — astroturfing perfected. And the American taxpayer is funding it.

Rooting out corruption

Trump was a battering ram against this corrupt system. Elon Musk is a surgeon, meticulously exposing the infection that has festered for decades — and that’s why the leftists hate him even more than they hate Trump. Musk threatens to dismantle the financial web that sustains their entire operation.

When we allow the government to grow unchecked and our leaders to prioritize their own wealth and power over the good of the nation, figures like Trump and Musk are necessary. Rome didn’t fall because of an external invasion but rather due to internal decay that looked an awful lot like what we see today.

We must demand better. We must refuse to tolerate this corruption any longer. The FMCS may be gone, but the fight to root out this deep-seated corruption is far from over.

REJECTING THE “GREAT RESET”: FUELS AND ALL WOKE MANDATES

An Acquaintance got a rental of a Tesla over the holidays. It’s undoubtedly the industry standard for EVs and a complete blast to drive. The problem: It’s not a practical car at all. He was driving in the cold, and the car was nearly drained after two hours. Searching for a charge was no easy task. The first one didn’t work. The second one stated that it would be charged in 10 hours, which he didn’t have.

The freezing weather in the Midwest this winter rendered all EV batteries totally unusable, and cars left in parking lots at airports and outdoor parking garages were just abandoned. Charging stations were NOT WORKING to charge automobiles either due to weather.

His conclusion: This is indeed a glorified golf cart designed to keep you at home and under the thumb of the manufacturer. And this is just a test. The repairs are worse. Keep in mind that this is the best the industry has to offer. The other manufacturers of these things make products not nearly as high-rated, which is why so many of them are sitting on lots unsold and why orders for the machines are plummeting.

It seems like the EV craze has peaked already. Growth in gas cars is now far higher than electrics, flipping a trend from 12 months ago. Finally, consumers are figuring it out. This is a good second car, provided you’re driving in your own town, you have a hook-up at home and can charge it overnight, and you don’t suddenly have to go out of town. It’s a toy, sometimes a fun one, but not a real car. For that, you need gas.

The idea that this car is going to transition the United States to “clean energy” is absurd. If every car were electric, the grid would crash and rationing would be the norm. And maybe that’s the whole point. You drive only with permission. Nothing about your transportation is within your control. Authorities will decide everything for you. It’s a perfect strategy for creating a society of dependents.

Fortunately, consumers aren’t playing along. We still live with the remnants of a capitalist system whereby manufacturers have to make profits. So that’s a serious problem for the whole industry. It could very well collapse in 2024.

Tesla will still be around making luxury cars and trucks for well-to-do urbanites, and bless them for it. But it’s not for everyone. It isn’t even for anyone who has a long way to go. Even now, the only substantial pockets of broad ownership are California and D.C. The heartland knows better and so do people in very cold latitudes.

As long as we’re on the topic of fails, consider fake meat. Remember how it was going to replace real meat? Well, take a look at the grocery stores today. This is another product that has peaked. The stock for Beyond Meat was $196 in 2019. It has fallen and fallen. Today it’s a bargain at $8.72, with no one being particularly interested. It looks like this one isn’t long for this world either, which makes you wonder why muckety-mucks are still pushing this nonsense on us. Consumers aren’t having it anymore.

The same goes for COVID-19 vaccines, for which your tax dollars paid. The companies have stock sales and patents and a seeming public demand. Except for one thing: They don’t work. They’re also highly dangerous. This is an incredible disaster for both Moderna and Pfizer. The Pfizer stock is down to $28 from $59 in two years. Moderna has fallen to $100 from $384 in the same time frame. They’re both sitting on massive stockpiles of these vaccines, with almost no remaining public demand for their endless boosters.

They also face lawsuits with claims that the companies wildly exaggerated the benefit. In any case, they were never necessary for the vast majority of people and certainly not for children. They paid off the Food and Drug Administration to give them permission to even sell products that would never have been approved under normal conditions.

Once again, we have the remnants of capitalism to thank for this. Government tried to force everyone to get the vaccine. They succeeded among some segments of the population for a time. They also enlisted Hollywood stars and every manner of “influencer” to browbeat people into getting them. Whole cities (New York, New Orleans, Chicago, and Boston) were even shut to the unvaccinated. At the very least, the companies and cooperating government officials should apologize for this disaster.

And consider Mark Zuckerberg’s alternative to X (Twitter) called Threads. It came out earlier this year to great fanfare. Here’s a social media service that’s thoroughly censored! As if that’s some kind of marketing pitch. It was always ridiculous. It started with 4 million users, mostly by drafting the users of Instagram. Today it’s down to 1 million, but even they’re hardly active at all

When I saw how Instagram was being abused, I immediately deleted my account.

Threads was a disaster for this company, adding to the other disaster of Mr. Zuckerberg’s Metaverse itself, which is completely empty and boring but now apparently people are claiming to being virtually raped???!.

It turns out that Mr. Zuckerberg isn’t a good businessman at all. Maybe the movie The Social Network was correct that he merely stole the whole idea of Facebook itself. He never really had business acumen. And speaking of Facebook, good grief, what happened to this thing? There’s essentially no reach on the platform.

Facebook has turned into nothing more than an advertising platform that markets your data. It’s really only useful for its marketplace. Otherwise, what’s the point of this thing anymore? It’s a wonder that its stock price hasn’t been hit, not just yet.

Another piece of toast this year has been online learning. Frankly, people are sick of it. Classrooms should be real. The fakery of remote classes is obvious to one and all.

Even DEI has hit the skids! Wisconsin just dialed back all funding and froze the programs.

Are you noticing a pattern here? Markets in the real world are rejecting the “Great Reset.” Whether eating bugs, driving EVs, munching fake meat, or living in the metaverse with censorship, none of it’s working. We can only hope that this trend continues in 2024 and that it bankrupts the companies that threw themselves into the whole racket. Let’s hope the consumer marketplace can render its final judgment before all of this jazz becomes mandatory, which is the real goal.

In the meantime, let’s be grateful for every amount of capitalism we have remaining, because markets mean consumer choice. And when given the choice, we know now that consumers don’t like Klaus Schwab’s plans for our lives, no matter how much Bill Gates endorses them.

BIDEN ADMINISTRATION SHAFTS SENIORS: DIVERTS BILLIONS FROM MEDICARE TO ELECTRIC VEHICLES

Green Energy

Why Is Joe Biden Screwing Seniors To Subsidize Electric Vehicles?

The Biden administration is more interested in pet projects, unsustainable green schemes, and ideological revenue redistribution than in the core functions of government.

The news of EV and green energy subsidies flew under the radar until a poll conducted in Arizona alerted voters there to the scheme. Fully three-quarters of Arizona voters polled (76 percent) said they didn’t know the Biden administration diverted money from Medicare “savings” to subsidize green projects, and by an 80-10 margin, respondents strongly opposed such a tactic.

The information came from a report by Americans for Tax Reform (ATR), which

shows the inaccurately named Inflation Reduction Act of 2022 diverted some $280 billion from Medicare’s prescription drug provisions to green tax credits and other leftist climate initiatives — instead of lowering prescription drug costs for seniors. The ATR report reveals the so-called Inflation Reduction Act as nothing more than a pork-laden payoff to cronies and an effort by the Biden administration to implement the Green New Deal.

EVs have had a rotten track record in recent years. Example after example shows what a terrible investment they are. In Florida, EVs caught fire in the aftermath of flooding from Hurricane Ian in 2022. Several EVs burst into flames and then reignited later. This year, a Tesla lost control and rolled down a boat ramp into the intercoastal waterway — the fire department reportedly had no choice but to let it burn itself out underwater. Fire departments are fully unprepared to deal with the types of fires caused by the interaction of rare-earth elements in EV batteries and exposure to water.

More to the point, EVs also represent a terrible fiscal commitment. One report indicates electric vehicles depreciate in value by roughly 50 percent over the first five years of their lives, significantly more than standard vehicles. This stands to reason, as the batteries are prohibitively expensive to replace and owners can expect to spend more on repairs to EVs than standard gasoline-powered vehicles. That helps to explain why they’re more difficult and more expensive to insure as well.

EVs don’t save the average consumer on refueling costs, either. The equivalent price of “refueling” an EV works out to approximately $17 per “gallon” in a comparable internal combustion engine vehicle. That cost includes tax credits, rebates, subsidies to vehicle manufacturers, and regulations and mandates by various agencies.

EV owners experience the real sensation of “range anxiety,” in which the limited range of a battery charge, combined with a lack of charging station infrastructure outside of major metropolitan areas, leads drivers to wonder if they’ll get stranded somewhere with a dead car. Perhaps this explains why EVs have sat unsold by the thousands at car lots across the nation — not that you’d know it from listening to the corporate media. Holiday commercials continue to encourage viewers to buy that special someone a luxury electric SUV for Christmas, despite increasing reports of malfunctions, expensive repairs, deep ties to the Chinese Communist Party (CCP), and a thorough lack of consumer enthusiasm for these expensive new products.

The massive subsidies the Biden administration pays to the green energy industry overall seem to go into a giant rat hole, which makes using the Medicare drug savings to pay for them all the more insulting. For instance, one California-based luxury EV manufacturer, Lucid, loses $430,000 on each vehicle it sells. Ford also loses thousands on every EV it sells.

Despite all the problems, the Biden administration continues to subsidize the manufacture and sale of EVs to advance its decarbonization and net-zero goals. Green subsidies are far from trivial, with renewable energy receiving about three and a half times as much as the “fossil fuel” industry.

But the Biden administration is more interested in pet projects, unsustainable green schemes, and ideological revenue redistribution than in the core functions of government — and seniors hoping for relief on drug prices get screwed once again.

Jeff is an experienced communications professional who

ALL SMALL BUSINESSES ARE CRIMINALS ACCORDING TO THE GOVERNMENT!

Get this, our nasty Senators and Congressmen have now activated a LAW that considers all businesses with less than $5 million in revenue and 20 employees or less to be FIRST considered as financial criminals.

LUCKILY PRESIDENT TRUMP STOPPED THIS FARCE!

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that, consistent with the Department of the Treasury’s March 2, 2025, announcement it was issuing an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act. FinCEN published this interim final rule on March 26, 2025.

In the interim final rule, FinCEN revises the regulatory definition of “reporting company” to mean only those entities that are formed under the law of a foreign country and that have registered to do business in any U.S. State or Tribal jurisdiction by the filing of a document with a secretary of state or similar office (formerly known as “foreign reporting companies”). FinCEN also exempts entities previously known as “domestic reporting companies” from BOI reporting requirements. Thus, through this interim final rule, all entities created in the United States — including those previously known as “domestic reporting companies” — and their beneficial owners will be exempt from the requirement to report BOI to FinCEN.

The law now mandates reporting of the BENEFICIAL OWNERS of ALL companies and businesses operating in the USA FINANCIAL CRIMES ENFORCEMENT NETWORK (FInCEN) or face fines and JAIL!

AS SMALL BUSINESS YOU ARE ALL SUSPECTED CRIMINALS1

Financial Crimes Enforcement Network (FinCEN) issued a final rule implementing the bipartisan Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting provisions. The rule will enhance the ability of FinCEN and other agencies to protect U.S. national security and the U.S. financial system from illicit use and provide essential information to national security, intelligence, and law enforcement agencies; state, local, and Tribal officials; and financial institutions to help prevent drug traffickers, fraudsters, corrupt actors such as oligarchs, and proliferators from laundering or hiding money and other assets in the United States.

Illicit actors frequently use corporate structures such as shell and front companies to obfuscate their identities and launder their ill-gotten gains through the United States. Not only do such acts undermine U.S. national security, they also threaten U.S. economic prosperity: shell and front companies can shield beneficial owners’ identities and allow criminals to illegally access and transact in the U.S. economy, while disadvantaging small U.S. businesses who are playing by the rules. This rule will strengthen the integrity of the U.S. financial system by making it harder for illicit actors to use shell companies to launder their money or hide assets.

Recent geopolitical events have reinforced the point that abuse of corporate entities, including shell or front companies, by illicit actors and corrupt officials presents a direct threat to the U.S. national security and the U.S. and international financial systems. For example, Russia’s illegal invasion of Ukraine in February 2022 further underscored that Russian elites, state-owned enterprises, and organized crime, as well as Russian government proxies have attempted to use U.S. and non-U.S. shell companies to evade sanctions imposed on Russia. This rule will enhance U.S national security by making it more difficult for criminals to exploit opaque legal structures to launder money, traffic humans and drugs, and commit serious tax fraud and other crimes that harm the American taxpayer.

At the same time, the rule aims to minimize burdens on small businesses and other reporting companies. Millions of businesses are formed in the United States each year. These businesses play an essential and important economic role. In particular, small businesses are a backbone of the U.S. economy, accounting for a large share of U.S. economic activity and driving U.S. innovation and competitiveness. U.S. small businesses also generate millions of jobs, and in 2021, created jobs at the highest rate on record. It is anticipated that it will cost reporting companies with simple management and ownership structures—which FinCEN expects to be the majority of reporting companies—approximately $85 apiece to prepare and submit an initial BOI report. In comparison, the state formation fee for creating a limited liability company (LLC) can cost between $40 and $500, depending on the state.

Beyond the direct benefits to law enforcement and other authorized users, the collection of BOI will help to shed light on criminals who evade taxes, hide their illicit wealth, and defraud employees and customers and hurt honest U.S. businesses through their misuse of shell companies.

The rule describes who must file a BOI report, what information must be reported, and when a report is due. Specifically, the rule requires reporting companies to file reports with FinCEN that identify two categories of individuals: (1) the beneficial owners of the entity; and (2) the company applicants of the entity.

The final rule reflects FinCEN’s careful consideration of detailed public comments received in response to its December 8, 2021 Notice of Proposed Rulemaking on the same topic, and extensive interagency consultations. FinCEN received comments from a broad array of individuals and organizations, including Members of Congress, government officials, groups representing small business interests, corporate transparency advocacy groups, the financial industry and trade associations representing its members, law enforcement representatives, and other interested groups and individuals.

Balancing both benefits and burden, the following are the key elements of the BOI reporting rule:

Reporting Companies

The rule identifies two types of reporting companies: domestic and foreign. A domestic reporting company is a corporation, limited liability company (LLC), or any entity created by the filing of a document with a secretary of state or any similar office under the law of a state or Indian tribe. A foreign reporting company is a corporation, LLC, or other entity formed under the law of a foreign country that is registered to do business in any state or tribal jurisdiction by the filing of a document with a secretary of state or any similar office. Under the rule, and in keeping with the CTA, twenty-three types of entities are exempt from the definition of “reporting company.”
FinCEN expects that these definitions mean that reporting companies will include (subject to the applicability of specific exemptions) limited liability partnerships, limited liability limited partnerships, business trusts, and most limited partnerships, in addition to corporations and LLCs, because such entities are generally created by a filing with a secretary of state or similar office.
Other types of legal entities, including certain trusts, are excluded from the definitions to the extent that they are not created by the filing of a document with a secretary of state or similar office. FinCEN recognizes that in many states the creation of most trusts typically does not involve the filing of such a formation document.

Beneficial Owners

Under the rule, a beneficial owner includes any individual who, directly or indirectly, either (1) exercises substantial control over a reporting company, or (2) owns or controls at least 25 percent of the ownership interests of a reporting company. The rule defines the terms “substantial control” and “ownership interest.” In keeping with the CTA, the rule exempts five types of individuals from the definition of “beneficial owner.”
In defining the contours of who has substantial control, the rule sets forth a range of activities that could constitute substantial control of a reporting company. This list captures anyone who is able to make important decisions on behalf of the entity. FinCEN’s approach is designed to close loopholes that allow corporate structuring that obscures owners or decision-makers. This is crucial to unmasking anonymous shell companies.
The rule provides standards and mechanisms for determining whether an individual owns or controls 25 percent of the ownership interests of a reporting company. Among other things, these standards and mechanisms address how a reporting company should handle a situation in which ownership interests are held in trust.
These definitions have been drafted to account for the various ownership or control structures reporting companies may adopt. However, for reporting companies that have simple organizational structures it should be a straightforward process to identify and report their beneficial owners. FinCEN expects the majority of reporting companies will have simple ownership structures.

Company Applicants

The rule defines a company applicant to be only two persons:
1. the individual who directly files the document that creates the entity, or in the case of a foreign reporting company, the document that first registers the entity to do business in the United States.
2. the individual who is primarily responsible for directing or controlling the filing of the relevant document by another.
The rule, however, does not require reporting companies existing or registered at the time of the effective date of the rule to identify and report on their company applicants. In addition, reporting companies formed or registered after the effective date of the rule also do not need to update company applicant information.

Beneficial Ownership Information Reports

When filing BOI reports with FinCEN, the rule requires a reporting company to identify itself and report four pieces of information about each of its beneficial owners: name, birthdate, address, and a unique identifying number and issuing jurisdiction from an acceptable identification document (and the image of such document). Additionally, the rule requires that reporting companies created after January 1, 2024, provide the four pieces of information and document image for company applicants.
If an individual provides their four pieces of information to FinCEN directly, the individual may obtain a “FinCEN identifier,” which can then be provided to FinCEN on a BOI report in lieu of the required information about the individual.

Timing

The effective date for the rule is January 1, 2024.
Reporting companies created or registered before January 1, 2024 will have one year (until January 1, 2025) to file their initial reports, while reporting companies created or registered after January 1, 2024, will have 30 days after receiving notice of their creation or registration to file their initial reports.
Reporting companies have 30 days to report changes to the information in their previously filed reports and must correct inaccurate information in previously filed reports within 30 days of when the reporting company becomes aware or has reason to know of the inaccuracy of information in earlier reports.

Next Steps

The BOI reporting rule is one of three rulemakings planned to implement the CTA. FinCEN will engage in additional rulemakings to (1) establish rules for who may access BOI, for what purposes, and what safeguards will be required to ensure that the information is secured and protected; and (2) revise FinCEN’s customer due diligence rule following the promulgation of the BOI reporting final rule.
In addition, FinCEN continues to develop the infrastructure to administer these requirements in accordance with the strict security and confidentiality requirements of the CTA, including the information technology system that will be used to store beneficial ownership information: the Beneficial Ownership Secure System (BOSS).
Consistent with its obligations under the Paperwork Reduction Act, FinCEN will publish in the Federal Register for public comment the reporting forms that persons will use to comply with their obligations under the BOI reporting rule. FinCEN will publish these forms well in advance of the effective date of the BOI reporting rule.
FinCEN will develop compliance and guidance documents to assist reporting companies in complying with this rule. Some of these materials will be aimed directly at, and made available to, reporting companies themselves. FinCEN will issue a Small Entity Compliance Guide, pursuant to section 212 of the Small Business Regulatory Enforcement Fairness Act of 1996, in order to inform small entities about their responsibilities under the rule. Other materials will be aimed at a wide range of stakeholders that are likely to receive questions about the rule, such as secretaries of state and similar offices. FinCEN also intends to conduct extensive outreach to all stakeholders, including industry associations as well as secretaries of state and similar offices to ensure the effective implementation of the rule.
THIS RULE HAS BEEN STAYED FOR NOW:

jansen@sterlingcooper.us sent you this article.

Comment:

Benficial owmersip rul

Monday, January 13, 2025

The law aims to curtail the use of anonymous shells and track illicit money.

Ownership-Reporting Law’s Return Sought

Supreme Court is asked to stay an injunction pausing its implementation

The U.S. Supreme Court is expected to rule soon on the national injunction issued by a lower court that paused the implementation of the Corporate Transparency Act, a law requiring companies to disclose their true ownership.

The Justice Department, on behalf of the Financial Crimes Enforcement Network, in an application filed on New Year’s Eve asked the Supreme Court to stay the injunction issued by a Texas district judge in early December.

The attorneys representing FinCEN said the government is likely to succeed in defending the constitutionality of the law and that the district court’s injunction was “vastly overbroad,” according to the filing.

The lawyers said the Supreme Court, at a minimum, should narrow the injunction to the plaintiffs in the case.