U.S. Treasury Department suspends enforcement of Corporate Transparency Act

The U.S. Treasury Department announces the suspension of enforcement of the Corporate Transparency Act against U.S. citizens and domestic reporting companies, providing relief to small businesses. Treasury Secretary Scott Bessent discusses how this will reduce government spending and shares his views on President Trump's tariff policies.

Legal Challenges to Corporate Transparency Laws in the U.S.

Alabama Supreme Court ruling that frozen embryos can be considered children under state law, U.S. District Judge rules Corporate Transparency Act unconstitutional, National Small Business Association challenges reporting rule, Treasury Department cannot require small business owners to report details, legal challenge between privacy rights and government's effort to uncover criminal activity, Treasury Department complying with court's injunction, bipartisan Corporate Transparency Act aimed at combating financial crime