Tom Malinowski: Trump Administration’s Move to Scrap Corporate Transparency Law Could Help Foreigners Hide Money

RUSH EXCERPT:

MALINOWSKI: “You know, you we’ve been talking a lot about his crypto company, which is amazing. He owns crypto company. Just today, it got preliminary approval to become a bank. You know, the the Trump Administration is approving an application from a Trump company to become a bank. It’s crazy. And we know how this crypto company makes money for him. Mostly foreigners buy shares of it or they buy millions of dollars of his worthless crypto. They lose money. They’re doing it because they’re buying influence with the president. And what what this decision does is it it would allow somebody to say, okay, I’m going to buy $50 million of Trump crypto. I’m just going to give him $50 million. But under the name of an anonymous llc or company not attached to my my name personally, so that nobody really knows where that money is coming from. And my sense is that the type of people who are buying Trump crypto, they want him to know that they’re buying it. They don’t necessarily want the public to know. And this”