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Senators Criticize Treasury's Exemption Decision on Beneficial Ownership Reporting
Senators Chuck Grassley and Sheldon Whitehouse criticized the Treasury Department's recent decision to exempt most entities from reporting beneficial ownership to FinCEN. They argue that this rule, published on August 11, 2026, compromises transparency in financial oversight.
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Chuck Grassley
Sheldon Whitehouse
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Senators Chuck Grassley and Sheldon Whitehouse criticized the Treasury Department's recent decision to exempt most entities from reporting beneficial ownership to FinCEN. They argue that this rule, published on August 11, 2026, compromises transparency in financial oversight.
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