Treasury ends ownership reporting rules for US companies

https://www.washingtonpost.com/business/2026/08/11/treasury-ends-ownership-reporting-rules-us-companies

So, I’m not a lawyer. And focusing strictly on its effect for the privacy community, does this mean all US privacy-guides members can start opening companies for top tier privacy?

Given that the WaPo is owned by a single invidual (Jeff Bezos), I think it’s important to add more sources.

https://www.reuters.com/legal/government/trump-administration-finalizes-ownership-reporting-exemption-us-firms-2026-08-11/

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Great US LLC’s are by far the best privacy tools