The Coffman Chronicle

The Coffman Chronicle

Trump's Treasury Sold Us Out

Hedge fund billionaire Scott Bessent took over the Treasury—and his first move was helping the rich hide their money.

Mar 04, 2025
∙ Paid

In a stunning but not surprising move, the U.S. Treasury Department has decided to suspend enforcement of the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements, effectively rolling back a critical safeguard against money laundering, tax evasion, corporate fraud, and dark money in politics.

And here’s the kicker: The man behin…

User's avatar

Continue reading this post for free, courtesy of Tony Michaels.

Or purchase a paid subscription.
© 2026 Tony Michaels · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture