Judge Denies Injunctive Relief on Rand Paul’s FATCA Claim

Federal judge in Ohio says Republican presidential candidate Sen. Rand Paul and others don’t have standing to challenge a law requiring banks to report on foreign accounts of U.S. taxpayers, and they aren’t likely to succeed on merits of case, Bloomberg BNA’s Alison Bennett reports.

  • U.S. District Judge Thomas Rose says in order denying preliminary injunctive relief that harms claimed by plaintiffs are “remote and speculative”
  • Rejects Paul’s assertion that he would suffer injury under his claim that executive branch isn’t adhering to law

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