The President-elect has been shocking allies and foes alike with his nominations for cabinet posts. While some will have more impact on the industry than others, the nomination of Robert F Kennedy, Jr will likely cause shock waves up and down the food supply as he goes after processed food, sodium, sugar and other additives. It’s going to be a wild ride.
And we are joined by David King, the Guidance and Outreach Director for the U.S. Treasury Department’s Financial Crimes Enforcement Network to talk about pending regulations regarding Beneficial Ownership Information that all employers must submit to the agency to comply with the Corporate Transparancy Act. He will walk us through the origin of the law, why it’s necessary, and the responsibility of all business owners to file the information.
We’ll talk about those issues and wrap it up with the legislative scorecard.