
Guess we are pro-shell companies now.
FinCen will no longer require data on ownership or control of shell companies. The law was put in place to prevent money laundering, they’re not even trying to hide the corruption at this point.
https://home.treasury.gov/news/press-releases/sb0603
https://www.nytimes.com/2026/08/12/us/politics/treasury-scrutiny-shell-companies.html
Paywall workaround: https://archive.ph/2026.08.15-011348/https://www.nytimes.com/2026/08/12/us/politics/treasury-scrutiny-shell-companies.html