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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  • Signtist@bookwyr.meEnglish
    9·
    2 days ago

    Easy, it’s been framed to them as a storm they have to weather in order to get rid of the people they don’t like who are causing all the real problems. They see something bad for the economy or whatever and think “I can handle this, but hopefully all those brown people I see around will be run out of town!”