Last month, nearly 40,000 corporate lawyers representing the American Bar Association’s (ABA) Business Law Section wrote a comment to the U.S. Treasury Department, expressing their concerns about the department’s proposal to implement the Corporate Transparency Act — a measure designed “to help prevent and combat money laundering, terrorist financing, tax fraud, and other illicit activity.”
The organization’s comment letter represents the latest action in its lengthy campaign to kill anti-money laundering rules — some of which could directly impact its members.
Find out how and much more in today’s Midday Poster, exclusively for supporting subscribers.
ADDITIONALLY FOR SUPPORTING SUBSCRIBERS (click here to subscribe):
- Wealthy countries are trying to rewrite the climate crisis story.
- The abortion rights’ movement just suffered a blow in the Senate.
- Big Pharma is being held accountable for price gouging.
If you’d like to read the full report, please click here to become an $8-a-month or $70-a-year supporting subscriber. When you become a supporting subscriber, you get this kind of exclusive content, you get access to our live events, you get our new Citizens' Guide To Holding The Powerful Accountable – and you are helping us hire more journalists.