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