Privacy hawks reintroduce bill to repeal small business ownership disclosure act

Published January 15, 2025 10:00am ET



EXCLUSIVE — Congressional privacy hawks are reintroducing a bill to repeal the Corporate Transparency Act, the latest effort from Republicans to reel in government overreach over U.S. citizens.

Rep. Warren Davidson (R-OH) reintroduced the Repealing Big Brother Overreach Act on Wednesday. The bill, shared first with the Washington Examiner, would repeal a federal law that mandates certain small businesses file information about their “beneficial owners” with the Financial Crimes Enforcement Network, or FinCEN.

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