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@ Layer3.news
2025-03-03 17:30:34
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SCOTT BESSENT DELIVERS SMALL BUSINESS RELIEF WITH CTA SUSPENSION
https://media.breitbart.com/media/2025/02/AP25015605086185-640x335.jpg
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✍️ The US Treasury Department has announced that it will not enforce fines or penalties related to the Corporate Transparency Act, a move seen as a victory for small businesses.
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👉 The Treasury Department will not enforce fines or penalties related to the Corporate Transparency Act
👉 The law required businesses to report their ownership structures to the Financial Crimes Enforcement Network (FinCEN)
👉 The regulation will be narrowed to focus on foreign reporting companies only
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#ScottBessent #TimScott #DonaldTrump #SeanMoran #politics
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