Bondi Again Blocked From Enforcing Money Transfer Reports Rule

US Attorney General Pam Bondi still can’t enforce a directive designed to flag transfers over $200 at 10 money services businesses near the southern border, a district court ruled Monday.

Judge Fred Biery granted The Texas Association of Money Services Businesses’ motion to preliminarily enjoin Bondi from enforcing the Financial Crimes Enforcement Network’s March geographic targeting order. The association and 10 money services businesses allege the order—which lowers the transfer threshold from $10,000 to $200 to trigger a mandatory currency transaction report—violates the Fifth Amendment and the Administrative Procedure Act.

The court finds the geographic targeting order “likely violates the …