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Shell-shocked investors are piling into US Treasuries on concern that Donald Trump's trade war will trigger a worldwide recession — ignoring for now, at least, the risk that the same punitive tariffs may unleash another bout of inflation....

Treasury Kills Enforcement Of Beneficial Ownership Reporting - Small Businesses Rejoice The Trump administration has freed millions of businesses from a red-tape chore concocted primarily by Democrats: On Sunday, the Treasury Department announced it would not enforce a rule requiring businesses to file beneficial ownership reports with an obscure federal agency. The move came only a day after Elon Musk responded to an X user's plea for intervention on the issue, replying, "I can look into it."    Intended to thwart money-laundering and other financial crimes facilitated by shell companies, the beneficial ownership information (BOI) rule would have put the ownership information of more than 32 million entities in a US Treasury database, with no exemption for even the smallest. Business owners were supposed to report each beneficial owner's name, birthdate and address to the Financial Crimes Enforcement Network (FinCEN) -- and upload an image of a drivers license, passport or othe...

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation...