The following is a statement from Brian Wild, Chief Government Affairs Officer at NAW, regarding the Amicus Brief filed today by the NAW Legal Policy Center, in partnership with the Job Creators Network Foundation, urging the Fifth Circuit Court of Appeals to uphold the district court’s injunction against the Corporate Transparency Act (CTA).
“The National Association of Wholesaler-Distributors (NAW) calls on the Fifth Circuit to uphold the district court’s injunction halting enforcement of the Corporate Transparency Act (CTA). The district court correctly determined that the CTA’s intrusive reporting requirements exceed Congress’s constitutional authority and violate core rights and freedoms. Allowing the CTA to take effect now—just days before the January 1 compliance deadline—would unfairly force thousands of small and mid-sized wholesalers to divert valuable resources and labor to comply with a law that may soon be ruled unconstitutional. Lifting the injunction would compel law-abiding businesses to shoulder hefty costs, navigate complex mandates, and risk significant penalties—even jail time—without any certainty that the law is valid. The public interest clearly favors maintaining the district court’s ruling until the courts can fully resolve the CTA’s legal flaws. We urge the Fifth Circuit to prevent needless disruption and preserve fairness by upholding the injunction.”
The National Association of Wholesaler-Distributors (NAW) is one of America’s leading trade associations, representing the $8.2 trillion wholesale distribution industry. Our industry employs more than 6 million workers throughout the United States, accounting for 1/3 of the U.S. GDP. 35,000 wholesale distribution companies operate in nearly 150,000 places of business across North America, including all 50 states.