Treasury Department repeals Biden-era reporting requirement for US businesses

Trump admin ditches small business reporting mandate

The Treasury Department finalized a rule removing ownership reporting requirements for American small businesses, a move critics say may face legal challenges.

Treasury Department repeals Biden-era reporting requirement for US businesses

The Treasury Department repealed requirements for companies to report beneficial ownership to FinCEN, with Secretary Scott Bessent citing the move as a win against red tape.

Treasury Department repeals reporting rule for businesses

The U.S. Treasury Department has officially repealed a rule that required U.S. companies and individuals to report "beneficial ownership information."

Treasury ends ownership reporting rules for U.S. companies

The U.S. Treasury Department permanently repealed a rule Tuesday that required businesses formed in the United States to report who owns them to federal financial-crimes investigators.