Treasury Reopens the Floodgates to Dirty Money in the U.S.
The Treasury Department’s decision to limit reporting requirements under the landmark Corporate Transparency Act to only foreign entities is a boon for fentanyl traffickers, domestic criminals, and tax cheats.
Latest News
FACT Joins Chorus of Opposition to Treasury’s Gutting of Landmark Financial Transparency Law
FACT urges Treasury to heed the calls of law enforcement, national security, and other experts by fully implementing the Corporate Transparency Act in accordance with congressional intent and the plain language of the law.
FACT Hosts Environmental Journalists, Treasury to Receive Comments on Gutting of CTA: Just the FACTs 5/23/25
FACT hosts environmental crime journalists, public comments on Treasury’s gutting of the Corporate Transparency Act are due May 27, and House lawmakers pass massive tax and spending cuts package.
House Tax Package Doubles Down on Tax Breaks for Big Corporations At the Expense of Families, Jobs, Climate
The House Ways and Means Committee’s draft tax bill extends trillions of dollars in wasteful and unpopular tax breaks, paving the way for massive cuts to vital health and other public services. Lawmakers must go back to the drawing board.
Environmental Crimes Newsletter: Spring 2025
Read the latest edition of FACT’s biannual Environmental Crimes Newsletter, a round-up of recent news regarding efforts to combat environmental crimes and the dirty money associated with them.