ClimateUnited States
Treasury Department repeals Biden-era reporting requirement for US businesses
The Treasury Department on Tuesday officially repealed a requirement for American companies and individuals to report beneficial ownership information to its Financial Crimes Enforcement Network, or FinCEN. The department initially proposed the repeal in March 2025 and is set to publish the final rule in the Federal Register on Friday. In addition to repealing the reporting requirement,…
The Hill
Published Aug 12, 2026 at 1:47 PM ET
Summary based on reporting from The Hill.
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