Sens. Chuck Grassley (R-Iowa) and Sheldon Whitehouse (D-R.I.) issued a statement Thursday blasting the Treasury Department’s decision to exempt 99 percent of entities from their previous requirement to report beneficial ownership to the department’s Financial Crimes Enforcement Network, or FinCEN. The senators issued a joint statement warning the final rule, which was published Tuesday, undermines…
Grassley, Whitehouse blast Treasury decision on FinCEN
Originally reported by The Hill. Read the full story at the original source.
Related Articles
Burnham's Number 10 North goes on multi-million pound hiring spree
Image source, Getty ImagesImage caption, Andy Burnham made opening No10 North one of his first acts as PMByEwan Somervil...
North Korea linked to $6.3B Binance hack
A North Korea-based cybercrime group appears to be behind a $6.3 billion hack of the cryptocurrency exchange Binance, ac...
DOJ accuses Peltola, Democrats of misleading a federal court
The Department of Justice (DOJ) on Thursday accused Mary Peltola of misleading a federal court in the latest filing in i...
The US should strongly advocate for political prisoner releases, global freedom
While celebrating recent political prisoner releases, author Nicole Bibbins Sedaca argues that the United States must us...