Trump Administration Ends Anti-Corruption Rule Requiring Shell Companies to Report Ownership
truthout.org
The law establishing the disclosure requirements was originally introduced by Marco Rubio in the Senate.

cross-posted from: https://news.abolish.capital/post/71226

The Trump administration has finalized a rule that will allow shell companies and other questionable entities to conceal their ownership from federal investigators, in a move that critics say will only further facilitate corruption in the U.S. The Treasury Department’s Financial Crimes Enforcement Network announced on Tuesday that it is ending the regulation that requires companies to…

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  • fonix232@fedia.io
    2·
    1 day ago

    Yep. Just had a “discussion” (can’t really call it that because it immediately devolved into ad hominems from their side) with a MAGA the other day. Quoted them some statistics that they demanded sources for, from a US govt site. Their reply was that unless the data comes from the orange turnip’s temu twitter, or some other MAGA source, they don’t accept it.