Treasury Dept Will Not Enforce Ownership Information Reporting for Millions of Businesses

Treasury Department suspends enforcement of ownership information reporting for millions of businesses

The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of businesses.

CNBC - 7h

Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more

The Treasury Department set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a block on enforcement.

CNBC - Feb. 20

Trump Calls Beneficial Ownership Reporting a ‘Disaster’ for Small Businesses as Treasury Kills Enforcement

Turns out procrastination worked out after all for the millions of businesses who held off on submitting their beneficial ownership reports.

Inc. - 10h

Treasury ends enforcement of business ownership database meant to stop shell company formation

The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.

NBC News - 12h

Treasury ends enforcement of database meant to stop shell company formation

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation

ABC News - 13h

Luka Dončić-Anthony Edwards trade? Mavericks, Wolves informally discussed hypothetical deal, per report

Dallas GM Nico Harrison reportedly reached out to Minnesota weeks before trading Dončić

CBS Sports - 3d

DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions

Experts say the conflicts posed by Tom Krause’s dual roles are unprecedented in the modern era.

Wired - Feb. 21

As New Tariffs Roll Out—or Don’t—Small Businesses Report Confusion and Concern

President Trump’s proposed tariffs on Canada and Mexico, and additional tariffs on China, take effect Tuesday. Other taxes could follow.

Inc. - 16h

How a 30-Something Content Creator Grew a Backyard Gardening Business to More Than $50 Million

A community-driven content creator leveraged YouTube to grow his backyard business into a full-scale enterprise with big-box store ambitions.

Inc. - Feb. 20

On This Clothing Brand’s Website, You Can ‘Add to Cart’ the Entire $1.5 Million Business

After 34 years, designer-founder Wendy Mullen, whose first retail clothing shop was in the back of an NYC record shop, is done with online retail.

Inc. - Feb. 21

47-year-old grew up thinking she’d work on a cattle farm—now her company raises millions for small businesses

Hello Alice co-founder Elizabeth Gore has worked with small businesses through the United Nations and Dell. Now she's doing it as an entrepreneur herself.

CNBC - Feb. 23

Chargers, defensive back Elijah Molden agree to three-year extension worth $18 million, per reports

After being acquired in a trade from the Titans, Molden had a career year with the Chargers

CBS Sports - Feb. 21

Moderna’s stock stumbles on report HHS is reviewing $590 million award for bird-flu vaccine

The Trump administration is reviewing a contract extended to Moderna in the final days of the Biden administration.

MarketWatch - 4d

Serena joins ownership group of WNBA's Tempo

Twenty-three-time Grand Slam winner Serena Williams is joining the ownership group of the new WNBA team, the Toronto Tempo, which will tip off its first season in 2026.

ESPN - 8h

Serena Williams joins WNBA ownership group in Toronto

Serena Williams is investing in women's professional basketball team the Toronto Tempo.

CNBC - 8h

Justice Department shuts down federal law enforcement misconduct tracker

The database allowed federal law enforcement agencies to privately search for information on a new hire or officer within their ranks.

CBS News - Feb. 21

College football coaches weigh in on if new enforcement arm will work

The new entity is poised to implement penalties for those breaching the rules around rev-sharing with players, including fines, suspensions and more.

Yahoo Sports - Feb. 24

Watch live: House trade panel holds hearing on enforcement priorities

The House Ways and Means Subcommittee on Trade is convening a hearing Tuesday morning on trade enforcement and priorities as the Trump administration weighs additional tariffs on goods from trading ...

The Hill - 6d

Will a ‘user fee’ on US Treasuries actually work?

Taking another look at the mooted Mar-a-Lago Accord

Financial Times - 6d

Four banks fined by UK regulator over gilt information sharing

Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mn

Financial Times - Feb. 21

Justice Dept. to Drop Discrimination Case Against Elon Musk’s SpaceX

The Justice Department had sued SpaceX in 2023, accusing the company of violating federal law by refusing to hire refugees and people granted asylum in the United States.

The New York Times - Feb. 21

Manchester United staff warned they could be sacked if they leak information

Chief executive Omar Berrada’s warning email leaked Club to talk to staff about changes in meeting on Monday Manchester United employees have been warned by the chief executive, Omar Berrada, ...

The Guardian - Feb. 21

Trump administration considers moving USPS under Commerce Dept.

Moving the U.S. Postal Service into the Commerce Department, should it take place, would happen through an executive action, source say.

CBS News - Feb. 21

The US must protect vital information from enemies like China

Congress should prioritize passage of the DETERRENT Act.

The Hill - Feb. 23

Justice Dept. Nominees Suggest Some Court Orders Can Be Ignored

At a confirmation hearing, the nominees, two of whom have been Trump defense lawyers, offered little to assuage Democrats’ fears.

The New York Times - 5d

Defense Dept. Schools Pause Pride Clubs and Remove Books

Clubs for Hispanic and Asian students were also among the student groups put on hold as officials raced to interpret Trump administration orders.

The New York Times - 4d

Democrats press Rubio on USAID, State Dept. program terminations

Democratic Sens. Jeanne Shaheen (N.H.) and Brian Schatz (HI) pressed Secretary of State Marco Rubio over recent firings at the U.S. Agency for International Development (USAID) in a Thursday letter ...

The Hill - 3d

The Democratic Party Reconsiders a Huge, Vulnerable Database of Voter Information

The party’s storehouse of everything it knows about American voters required an extraordinary intervention to keep it running, people involved said. A meltdown could have crippled its campaigns ...

The New York Times - 2d

U.S. Attorney Rebuffed by Justice Dept. in Push to Escalate Inquiry into Schumer

Ed Martin, the acting U.S. attorney in Washington, has been blocked so far in seeking a grand jury investigation into remarks made by Senator Chuck Schumer about Supreme Court justices.

The New York Times - 1h

Doge versus business

Fair competition, regulatory certainty, industry subsidies and financial security are all under attack

Financial Times - Feb. 24

Treasury yields slip as data raise questions about strength of U.S. economy

U.S. Treasury yields slipped on Friday, with short-dated notes tallying their biggest one-day drop since January after a fresh batch of data raised questions about the strength of the U.S. economy.

MarketWatch - Feb. 21

Federal judge extends decision blocking DOGE from Treasury payment system

A federal judge on Friday extended an earlier decision barring employees with the Department of Government Efficiency (DOGE) from accessing a sensitive federal payment system at the Treasury ...

The Hill - Feb. 22

Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings

Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.

The New York Times - Feb. 24

Falling Treasury yields signal that Trump policies are starting to spook investors

U.S. government debt rallied aggressively overnight and into Tuesday’s trading session, pushing yields below key technical levels in a way that appeared to be shaking confidence in the broader market.

MarketWatch - 6d

Treasury yields fall as investors await Fed’s favorite inflation measure

U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.

CNBC - 3d

Treasury Secretary Scott Bessent announces creation of an "affordability czar"

Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."

CBS News - 1d

Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase

The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.

CNBC - 1d

Treasury yields end at lowest levels in months as ISM data misses expectations

Yields on U.S. government debt finished lower for a second session on Monday after data from the Institute for Supply Management came in below expectations and Tuesday’s scheduled implementation of ...

MarketWatch - 6h

Coinbase says the SEC has agreed to end 'bogus' enforcement case against crypto exchange

The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.

CNBC - Feb. 21

The coffee business keeping NBA star Jimmy Butler busy off the court

Jimmy Butler's 14-year career with the NBA has brought him to some of the country's biggest cities. Now, he's heading to San Francisco as one of the newest members of the Golden State Warriors. But ...

CBS News - 2d

Treasury Dept Will Not Enforce Ownership Information Reporting for Millions of Businesses

Topics