On September 20, 2024, U.S. District Judge Michael H. Simon for the District of Oregon issued an Opinion and Order in favor of defendants in the case. Firestone, et al.. v Janet Yellen, et al., Case No. 3:24-cv-1034 (D. Ore.) The Order upheld the constitutionality of the CTA and recognized Congress’ power to regulate. It is currently unclear as to the implications of this ruling for the business community at large. …[D]iscussing the likelihood of success on the merits, the court rejected the argument that Congress lacked authority to enact the CTA. The court recognized Congress’ broad authority to adopt...