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U.S. Congress Passes Defense Bill Including Beneficial Ownership Reporting Requirements

|Approved Changes|United States
United States

On 11 December 2020, the U.S. Senate passed the National Defense Authorization Act (NDAA), which was passed in the House of Representatives earlier in the week. Although U.S. President Trump has indicated that he will veto the NDAA, both the House and Senate passed the bill with veto-proof majorities, meaning that if President Trump vetoes the legislation, the veto will likely be overridden in …

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