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Who’s behind that shell company? We may never know

NPR· May 26, 2026· 9m 20s

Why is a law to reign in shell companies getting shelved by the Trump administration? The Corporate Transparency Act had bipartisan support, until it didn’t. We explain what the law was designed to do and why it’s on life support. Fact checking by Sierra Juarez . Your Next Listen — We set up a shell company Connect with The Indicator — Sign up for The Indicator’s brand new newsletter — Find our socials, YouTube and more ! — For sponsor-free episodes, subscribe to NPR+ See pcm.adswizz.com for inf

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Who’s behind that shell company? We may never know

🇬🇧English🇬🇧English
Sample transcript — click Live captions above to run Whisper on the actual audio in your browser.
  1. Welcome to the program. I'm your host.

    Welcome to the program. I'm your host.

    0:00
  2. Today we look at the major stories shaping the news cycle.

    Today we look at the major stories shaping the news cycle.

    0:04
  3. We start in Europe, where leaders met in Brussels.

    We start in Europe, where leaders met in Brussels.

    0:09
  4. The summit focused on energy policy and migration.

    The summit focused on energy policy and migration.

    0:14
  5. Reporting from the ground, our correspondent has more.

    Reporting from the ground, our correspondent has more.

    0:19
  6. Thank you. The mood here was tense but constructive.

    Thank you. The mood here was tense but constructive.

    0:24