In Pursuit Of “Corporate Transparency,” A Mass Doxxing Of LLCs Puts Financial Freedom And Privacy At Risk

Beginning this year, any individual with shares in an American domiciled company will be required to submit identifying information to FinCEN. This record collection from the US Treasury Department’s Financial Crimes Enforcement Network is intended to “curb illicit finance” by requiring a national database of every “beneficial owner” of an LLC. As stipulated by the Corporate Transparency Act, passed by Congress in…

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The Consumer Financial Protection Bureau May Be Legal, but It’s Past Its Prime

The Supreme Court recently delivered a decision on the constitutionality of one of the federal government’s most peculiar and least understood agencies, the Consumer Financial Protection Bureau. Unlike the Fifth Circuit Court, which earlier ruled that the agency’s unique funding model violates the Constitution, Justice Clarence Thomas argued in the majority opinion the government’s funding of the CFPB “satisfies…

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The feds are trying to stifle Bitcoin and crypto with draconian new regulations

Should regulations aimed at halting the financial activity of alleged criminals and terrorists be vastly expanded to include cryptocurrencies and firms that use them? Could this potentially harm entrepreneurial spirit and consumer freedom to deal in digital assets? Those were the questions asked this week in Washington as officials from the Treasury Department seek new…

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Forcing TikTok’s divestiture from the CCP is both reasonable and necessary

Washington, D.C. – Yesterday, a bipartisan group of US House legislators introduced a bill that would force ByteDance Ltd. to sell its US version of TikTok or face massive fines and federal investigations. This would have big ramifications for the video-sharing app, which is estimated to have over 150 million users in the US. In practice, HR7521 designates the popular…

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Virginia youth social media law would cause online chaos and diminish parental authority

Richmond, VA – In the name of “safety” and the “best interests” of children, the Virginia Senate this week passed a draconian age-verification bill for online platforms which would require youth who want to use social media to provide exhaustive proof of their age and to seek parental consent. This legislation is not as common-sense…

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