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Politics · Important news for 14 August 2026

Politics

Senators Grassley and Whitehouse blast Treasury FinCEN exemption rule

The Hill

Sens. Chuck Grassley and Sheldon Whitehouse criticized a Treasury Department decision exempting 99 percent of entities from beneficial ownership reporting.

  • Sens. Chuck Grassley and Sheldon Whitehouse issued a joint statement criticizing a Treasury Department decision
  • The final rule exempts 99 percent of entities from beneficial ownership reporting to FinCEN

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