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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  • Gerudo@lemmy.zip
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    2 days ago

    A lot of conservatives think that if something is done within the bounds of law, then it’s not a bad thing. If your leadership removes a law, then that illegal thing, is now magically legal. It doesn’t matter what that thing was, it’s removing “red tape”.

    • sudo@lemmy.today
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      1 day ago

      Except when that thing is giving rights to or protecting women, minorities, or marginalized groups.