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Regulation U.S. Treasury

Weintraub Tobin

Corporate Transparency Act Update: FinCEN Extends Reporting Deadline for Companies

Weintraub Tobin on

On February 18, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a notice extending the deadline for reporting companies to file their Beneficial Ownership Information (BOI) reports under the Corporate...more

Orrick, Herrington & Sutcliffe LLP

Treasury Secretary Scott Bessent designated as Acting Director of the CFPB

On January 31, President Trump removed Rohit Chopra as director of the CFPB and announced that Treasury Secretary Scott Bessent will serve as Acting Director. In Chopra’s termination announcement, posted on social media, he...more

Davis Wright Tremaine LLP

New Administration Outlook: What Does the CFPB "Freeze" Mean for Regulations and Pending Litigation?

Treasury Secretary Scott Bessent, who is currently serving as the acting director of the Consumer Financial Protection Bureau (CFPB), emailed staff on Monday directing employees to cease all rulemaking activities and delay...more

McDermott Will & Emery

IRS Announces Nonacquiescence in Mayo Regulation Invalidity Holding

McDermott Will & Emery on

We previously wrote... about decisions made by the District Court of Minnesota and the US Court of Appeals for the Eighth Circuit in Mayo Clinic v. United States regarding challenges to the validity of certain Treasury...more

McDermott Will & Emery

Weekly IRS Roundup October 11 – October 15, 2021

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of October 11, 2021 – October 15, 2021... October 12, 2021: The IRS released a notice, announcing...more

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