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…
Politics
·
Grassley, Whitehouse blast Treasury decision on FinCEN
CN
CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
Related Articles
Politics
U.S. Investigated Left-Leaning Groups During Minnesota Immigration Crackdown
The government conducted expansive surveillance, infiltrated group chats and obtained financial records of organizations...
CitrixNews Staff
·
1 hour ago
Politics
Higher-income families more likely to enroll kids in organized sports: Poll
The findings point to a key problem in youth sports: parents almost universally see participation as an important part o...
CitrixNews Staff
·
1 hour ago
Politics
Here are 12 Senate, House incumbents who’ve lost their primaries
This year’s election cycle has seen a dozen congressional incumbents lose their primaries, with multiple contests remain...
CitrixNews Staff
·
1 hour ago
Politics
Amid pushback, CBP says it is placing ‘limited’ barriers, not 30-foot wall, in national park
As it faces some bipartisan pushback on its construction activities at Big Bend National Park, Customs and Border Protec...
CitrixNews Staff
·
1 hour ago