The Coffman Chronicle

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Trump's Treasury Sold Us Out
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Trump's Treasury Sold Us Out

Hedge fund billionaire Scott Bessent took over the Treasury—and his first move was helping the rich hide their money.

Mar 04, 2025
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The Coffman Chronicle
The Coffman Chronicle
Trump's Treasury Sold Us Out
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In a stunning but not surprising move, the U.S. Treasury Department has decided to suspend enforcement of the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements, effectively rolling back a critical safeguard against money laundering, tax evasion, corporate fraud, and dark money in politics.

And here’s the kicker: The man behin…

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