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The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.
Looking back, “this was a terrible investment of taxpayer money,” one analyst said about the subsides for Shell's Beaver ...
Treasury ends enforcement of business ownership database meant to stop shell company formation FILE - The U.S. Department of the Treasury building is seen in Washington, Nov. 18, 2024.