1 comments — live from bluesky
Jack Hutton 🇺🇸 · 0 · 2d ago What the fuck!?
"On Tuesday, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that businesses formed in the United States would no longer need to disclose their actual owners, and that nearly all the data already gathered on such companies would be destroyed.
Jack Hutton 🇺🇸 · 0 · 2d ago "This move, which Treasury Secretary Scott Bessent called “a victory for common sense and American small businesses,” effectively undoes years of progress in curbing devious financial networks, both domestic and foreign."
Jack Hutton 🇺🇸 · 0 · 2d ago "All of this is in keeping with what has become the most corrupt administration in American history. Not only has Trump and his family watched their net worths balloon by the billion since he returned to office last year,
Jack Hutton 🇺🇸 · 0 · 2d ago "but his administration has also worked relentlessly to topple America’s anti-corruption infrastructure, eliminating task forces dedicated to combatting dirty money, killing the enforcement of anti-bribery statutes,
Jack Hutton 🇺🇸 · 0 · 2d ago "and gutting efforts to force the wealthiest Americans to pay their fair share of taxes, among countless other measures. The demolition of the Corporate Transparency Act is just the latest and most dramatic move to cater to the president’s deep-pocketed buddies and fellow cronies.
Jack Hutton 🇺🇸 · 0 · 2d ago "But it surely won’t be the last."