www.nytimes.com
5 months agoCongress Passed a Money Laundering Law. Interest Groups Are Still Fighting It.
The implementation of a law can be a lengthy process that involves lobbying, litigation, and revisions that can reshape the original legislation.
The Corporate Transparency Act, which aims to combat money laundering and terrorist financing, is facing opposition from interest groups and small business organizations who argue that it would burden millions of small businesses. [ more ]