The Repealing Big Brother Overreach Act, also known as H.R. 425, aims to repeal the Corporate Transparency Act. The Corporate Transparency Act mandates that both existing and new companies report information about their beneficial owners to the Department of the Treasury's Financial Crimes Enforcement Network. This reporting is intended to help combat terrorism financing and money laundering. By repealing this act, H.R. 425 would remove these reporting requirements.
Supporters of H.R. 425 argue that repealing the Corporate Transparency Act would reduce regulatory burdens on businesses, particularly small businesses that may struggle with compliance costs and complexities. They claim that the act infringes on privacy and imposes unnecessary government overreach. Some media outlets have praised the bill for promoting business freedom and reducing government interference in private enterprise.
Critics of the bill express concern that repealing the Corporate Transparency Act could hinder efforts to combat money laundering and terrorism financing. They argue that the transparency requirements are crucial for tracking illicit financial activities and ensuring national security. Some media sources have highlighted the risk of increased financial crime and decreased accountability if the act is repealed.
Despite the significant contributions from the health professionals and retired individuals to the sponsor, Warren Davidson, there is no direct overlap detected between these industries and the subject matter of the bill H.R. 425: Repealing Big Brother Overreach Act. This indicates a low risk of conflict of interest in terms of direct financial influence from the sponsor's top donors. However, it is important to note that there is lobbying activity in this bill's policy area. The College of Healthcare Information Management Executives, for example, has spent $30,000 lobbying in this area. While this organization is within the healthcare sector, it does not directly align with the sponsor's top donors, which further supports the low risk score. The American Rivers Action Fund also spent $120,000 lobbying in this area, but there is no clear connection between this organization and the sponsor's donors.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| AMERICAN RIVERS ACTION FUND | AMERICAN RIVERS ACTION FUND | $120,000 |
| COLLEGE OF HEALTHCARE INFORMATION MANAGEMENT EXECUTIVES | COLLEGE OF HEALTHCARE INFORMATION MANAGEMENT EXECUTIVES | $30,000 |
| WINDOW COVERING MANUFACTURERS ASSOCIATION | NORTHSTAR EK LLC | $30,000 |
| SHINE TECHNOLOGIES | NORTHSTAR EK LLC | $30,000 |
| PRIVATE CARE ASSOCIATION INC | HOLLRAH LLC | $10,000 |
| NATIONAL ASSOCIATION OF TELECOMMUNICATIONS OFFICERS AND ADVISORS | NATIONAL ASSOCIATION OF TELECOMMUNICATIONS OFFICERS AND ADVISORS | undisclosed |
| NATIONAL ASSOCIATION OF WORKFORCE BOARDS | NATIONAL ASSOCIATION OF WORKFORCE BOARDS | undisclosed |
| MYSTERY SHOPPING PROVIDERS ASSOCIATION, INC. | HOLLRAH LLC | undisclosed |
| COALITION TO PRESERVE INDEPENDENT CONTRACTOR STATUS | HOLLRAH LLC | undisclosed |
| TOBACCO-FREE KIDS ACTION FUND | SACHS MEDIA. INC. | undisclosed |
| NATIONAL GRANGE OF THE ORDER OF PATRONS OF HUSBANDRY | THE NATIONAL GRANGE OF THE ORDER OF PATRONS OF HUSBANDRY | undisclosed |
| SYENSQO USA LLC | RIDGELINE ADVOCACY GROUP LLC | undisclosed |
| PUEBLO OF JEMEZ | DENTONS US LLP | undisclosed |
| INVIVYD, INC. | KING & SPALDING LLP | undisclosed |
| EUROPORT, INC. | MO STRATEGIES, INC. | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Warren Davidson, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)