privacy

US drops key business ownership reporting rule for Americans as Scott Bessent hails ‘victory’ for small businesses—’gift to cartels,’ warns Elizabeth Warren

Story by Namrata Sen, Benzinga, 8/12/26 SOURCE: https://www.msn.com/en-us/money/news/us-drops-key-business-ownership-reporting-rule-for-americans-as-scott-bessent-hails-victory-for-small-businesses-gift-to-cartels-warns-elizabeth-warren/ar-AA29UUdi?ocid=socialshare The Treasury Department has finalized a rule that exempts U.S. firms and individuals from reporting beneficial ownership information to its Financial…