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Cato Weekly Podcast • January 8, 2025 

# The Corporate Transparency Act Compels Americans to Incriminate Themselves 

A little-noted federal law – currently on hold – dramatically expands government surveillance of millions of Americans by requiring tens of millions of businesses to collect and send specific data about the businesses’ beneficiaries. Jennifer Schulp and Brent Skorup comment.

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![New Jennifer Schulp cropped image](/sites/cato.org/files/styles/author_picture/public/2023-03/jennifer-schulp-cropped-2.jpg?itok=kdrnmhHr)](/people/jennifer-j-schulp) 

##### [Jennifer J. Schulp](/people/jennifer-j-schulp)

Former Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

[![Brent Skorup cropped](/sites/cato.org/files/styles/author_picture/public/2024-05/Brent%20Skorup%20cropped.jpg?itok=5Witkb6w)](/people/brent-skorup) 

##### [Brent Skorup](/people/brent-skorup)

Former Legal Fellow, Robert A. Levy Center for Constitutional Studies

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute