The Indicator from Planet Money

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

9 min · 26. touko 2026
jakson Who’s behind that shell company? We may never know kansikuva

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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 [https://www.npr.org/people/1268825622/sierra-juarez].  Your Next Listen  — We set up a shell company [https://lnk.to/e6tjLVWE]  Connect with The Indicator  — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter]  — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]!  — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

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