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January 1, 2024: Ready or Not, Here Comes the CTA – What Businesses Must Do Now

If you are the owner or partner in a business or LLC, you had better be ready to comply with the Corporate Transparence Act (CTA) or you could face huge fines and jail… and you can thank Establishment Republicans for it.

The Corporate Transparency Act (CTA) was passed as part of H.R.6395 – National Defense Authorization Act with unprecedented speed by Congress after the 2020 election, vetoed by President Joe Biden, and then immediately overridden before the new Congress was to take their seat. It was a very controversial move at the time and many conservatives cried foul. As part of the CTA, the act introduces a Beneficial Ownership Information (BOI) reporting requirement as part of the US Treasury “Financial Crimes Enforcement Network” (FinCEN). Here, we delve into the intricacies of the CTA, shedding light on reporting obligations, exemptions, penalties, and the divergent votes among Texas Republicans.

Congressional Override and Divergent Votes:

In a move emblematic of the intense debates surrounding the CTA, Congress opted to override Biden’s veto, solidifying the legislation as law. However, the process laid bare the deep divide among Texas Republicans. Notable representatives from Texas, such as Arrington, Babin, Burgess, Cloud, Gohmert, Gooden, and Weber, voted against the CTA, expressing concerns about the hurried legislative process and potential adverse effects on businesses. Conversely, supporters, including Representatives Brady, Conaway, Crenshaw, Flores, Granger, Hurd, McCaul, Olson, Taylor, Thornberry, and Williams, argued in favor of the urgency to combat financial crimes, emphasizing the benefits of increased transparency.

On the Senate side, Senator Cornyn voted in favor while Senator Cruz voted in opposition to the NDA. Of course, do we even need to note that every Democrat from Texas voted for this legislation.

Reporting Obligations:

The CTA mandates reporting companies to disclose Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN). This includes identifying information about individuals who directly or indirectly control a company. Domestic reporting companies, encompassing corporations and limited liability companies formed within the United States, and foreign reporting companies registered to do business in the U.S., are subject to these reporting obligations.

The reporting process, slated to commence on January 1, 2024, necessitates the submission of BOI reports through the FinCEN website (https://www.fincen.gov/boi). While sole proprietorships are generally exempt, those created or registered to do business in the U.S. through specific filings fall under reporting requirements.

Exemptions and Exceptions:

Understanding the exemptions is crucial for businesses navigating the complexities of the CTA. The legislation explicitly outlines 23 types of entities exempt from reporting requirements, requiring careful review of qualifying criteria. Entities obtaining an IRS employer identification number, a fictitious business name, or a professional or occupational license without creating a new entity are not classified as reporting companies.

Certain foreign officials, with approval through a U.S. Federal government agency request, may access beneficial ownership information for activities related to national security, intelligence, and law enforcement. Financial institutions may also access information under specific circumstances with the consent of the reporting company.

Penalties for Non-Compliance:

The CTA imposes penalties for willful failure to report complete or updated beneficial ownership information. Civil penalties, including fines of up to $500 for each day of violation, or criminal penalties including imprisonment for up to two years and/or a fine of up to $10,000, underscore the significance of compliance. Moreover, senior officers of an entity failing to file a required BOI report may be held accountable for that failure.


The penalties are designed to encourage businesses to adhere to the reporting requirements specified by FinCEN, underscoring the gravity with which lawmakers approach the imperative of enhanced financial transparency. As the CTA rapidly approaches implementation, businesses stand at a crucial juncture, grappling with the necessity of compliance and weighing it against apprehensions regarding potential intrusions and administrative burdens.

So if you have a buisness or even an LLC, you better be ready to hand over your information, or face severe consequences… thanks to these Texas Legislators that you elected.

Michael Pipkins focuses on public integrity, governance, constitutional issues, and political developments affecting Texans. His investigative reporting covers public-record disputes, city-government controversies, campaign finance matters, and the use of public authority. Pipkins is a member of the Society of Professional Journalists (SPJ). As an SPJ member, Pipkins adheres to established principles of ethical reporting, including accuracy, fairness, source protection, and independent journalism.

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Election

New Poll Shows Crockett, Paxton Leading Texas Senate Primary Contests

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Jasmine Crockett Takes the Lead in Race with Talarico

Texas Senate Primaries Show Early Leads for Crockett and Paxton

AUSTIN, Texas – A new poll released by The Texas Tribune indicates that Jasmine Crockett and Ken Paxton are leading their respective primary races for the U.S. Senate seat in Texas. The survey, published on February 9, 2026, highlights the early momentum for both candidates as they vie for their party nominations in a closely watched election cycle. The results point to strong voter recognition and support for Crockett in the Democratic primary and Paxton in the Republican primary.

The poll, conducted among likely primary voters across the state, shows Crockett holding a significant lead over her Democratic challenger James Talarico, while Paxton maintains a commanding position among Republican contenders John Cornyn & Wesley Hunt.

According to the poll, Ken Paxton leads with 38 percent of likely GOP primary voters, pulling ahead of incumbent John Cornyn, who trails at 31 percent, while Wesley Hunt remains a distant third at 17 percent. The survey indicates Paxton would hold a commanding advantage in a runoff scenario and currently outperforms Cornyn across nearly every key Republican demographic group, with Latino voters the lone exception, where Cornyn maintains a seven-point edge.

Among Democrats, the poll shows Jasmine Crockett opening a notable lead, capturing 47 percent of likely primary voters compared to 39 percent for James Talarico—a meaningful shift from earlier polling that had Talarico in the lead. While still early, the numbers suggest momentum is consolidating ahead of primaries that will determine the general election matchups.

Jasmine Crockett, a sitting U.S. Representative whose district lines were redrawn out from under her, has responded to political extinction with a desperate lurch toward the U.S. Senate. Her campaign, widely criticized as race-baiting and grievance-driven, has leaned heavily on inflaming urban Democratic turnout while cloaking thin policy substance in fashionable slogans about healthcare and “equity.”

By contrast, Ken Paxton enters the race with a long, battle-tested record as Texas Attorney General, earning fierce loyalty from conservatives for his aggressive defense of state sovereignty, constitutional limits, and successful legal challenges to federal overreach. Though relentlessly targeted by opponents, Paxton’s tenure reflects durability, clarity of purpose, and an unapologetic alignment with the voters he represents—qualities that define his standing in the contest.

The Texas U.S. Senate race draws national attention, as the state remains a critical battleground in determining the balance of power in Congress. With incumbent dynamics and shifting voter demographics at play, the primary outcomes will set the stage for a potentially contentious general election. The Texas Tribune poll serves as an initial benchmark, though voter sentiment could evolve as campaigns intensify and debates unfold in the coming weeks.

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Kristi Noem Commemorates Border Crossing Decline with National Leaders

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Kristi Noem Border

WASHINGTON, D.C. – Secretary of Homeland Security Kristi Noem joined national security leaders in a dual-state event to commemorate a historic decline in border crossings, according to an official release from the Department of Homeland Security. The event spanned two locations, Arizona and North Dakota, in a single day, highlighting coordinated efforts to strengthen border security. Noem, alongside other officials, marked the achievement as a significant milestone in national security policy.

The Department of Homeland Security reported a measurable drop in unauthorized border crossings, attributing the success to enhanced enforcement measures and inter-agency collaboration. Specific data on the decline was not detailed in the initial announcement, though officials emphasized the impact of recent policy implementations. The two-state commemoration underscored the geographic breadth of the issue, addressing both southern and northern border concerns.

In Arizona, Noem and security leaders reviewed operations along the southern border, a longstanding focal point for immigration enforcement. Later in the day, the group traveled to North Dakota to assess northern border security, an area often overlooked in national discussions but critical to comprehensive policy. The dual focus aimed to demonstrate a unified approach to protecting all U.S. borders, per the department’s statement.

The official release from Homeland Security included remarks from Noem, who praised the dedication of personnel involved in the effort. “This decline in crossings is a testament to the hard work of our agents and the effectiveness of our strategies,” she said. Her comments were echoed by other leaders present, though no additional direct quotations were provided in the initial report.

Background on the border security initiatives reveals a multi-year push to address vulnerabilities at both entry points. Southern border challenges, particularly in Arizona, have long dominated policy debates due to high volumes of crossings and complex terrain. Meanwhile, northern border issues in states like North Dakota often involve different dynamics, including trade security and seasonal migration patterns. The Department of Homeland Security has prioritized resources for both regions, though specific funding allocations remain undisclosed in the latest update.

The cause of the reported decline ties directly to recent enforcement actions, though exact mechanisms were not specified in the announcement. Officials pointed to improved technology, increased staffing, and stronger partnerships with local and state authorities as contributing factors. Further details on these efforts are expected in forthcoming reports from the department, which has committed to transparency on border metrics.

Opinion

The recognition of a decline in border crossings signals a potential turning point in how the nation secures its frontiers. Celebrating this achievement in two distinct regions reinforces the importance of a comprehensive strategy that does not neglect less-discussed areas like the northern border.

Events like these also serve as a reminder that security is not a partisan issue but a fundamental duty of government. Prioritizing resources and personnel to protect sovereignty while maintaining lawful entry processes should remain a core focus, ensuring that progress is sustained through consistent policy and accountability.

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Trump Says U.S. Used Classified “Discombobulator” to Paralyze Venezuelan Defenses

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Trump Discombobulator

CARACAS, VENEZUELA — When President Donald J. Trump dropped the phrase “Discombobulator” in a recent interview, the world sat up and took notice. According to the president, the United States deployed a secret weapon to render Venezuelan military systems useless as U.S. forces executed a daring raid that resulted in the capture of Nicolás Maduro.

In an interview with the New York Post, Trump stated the device “made the equipment not work,” and that Venezuelan radar, missiles, and defensive systems “never got their rockets off” during the operation. “I’m not allowed to talk about it,” he said, referring to the classified nature of the technology.

The remarks have sparked curiosity, skepticism, and intense speculation about what the “Discombobulator” might actually be — and what its use means for U.S. military capability and foreign policy.

What Happened: The Maduro Raid and the Discombobulator Claim

On January 3, 2026, U.S. special operations forces carried out a rapid, highly coordinated mission in Caracas that culminated in the capture of Venezuela’s president, Nicolás Maduro, and his wife, Cilia Flores. The operation, code-named Operation Absolute Resolve, involved aircraft, helicopters, unmanned drones, and elite troops.

Speaking about the raid, Trump took credit for the success, telling the New York Post and others that a classified weapon, the so-called Discombobulator, as he called it, played a decisive role. He claimed that the device disabled Venezuelan military equipment, including systems supplied by Russia and China, before U.S. forces landed.

According to Trump’s account, Venezuelan troops tried to activate their defenses, “pressed buttons,” and found nothing worked. The president’s description suggests a form of electronic or directed-energy warfare — although he offered no detail on mechanism or development.

Context: Military Technology and Secrecy

The U.S. military has long invested in electronic warfare and directed-energy research. Systems that jam radar, disrupt communications, and interfere with electronic signals have been under development for decades. Yet no publicly acknowledged program has been confirmed to match Trump’s description of the Discombobulator.

Wartime secrecy and classification make it entirely plausible that capabilities not widely known could exist. Still, without independent verification or military documentation, journalists and analysts caution against jumping to definitive claims based on the president’s interview alone.

Conservative Commentary and Conclusion (Opinion)

The success of the Maduro raid reflects decisive leadership and a willingness to act where lesser administrations have hesitated. The Discombobulator claim — irrespective of its accuracy — underscores a broader theme: American ingenuity paired with bold strategy is unstoppable.

If such a capability exists and was responsibly employed to save lives and neutralize threats without explosive conflict, it represents a powerful demonstration of military superiority. Critics who mock the name risk missing the larger strategic point.

Whether the Discombobulator ends up in the annals of military history or remains a rhetorical flourish, the episode has already ignited fear in our adversaries about American power, innovation, and military might.


Sources:

  • President Trump comments on “Discombobulator,” PBS NewsHour, Jan. 26, 2026.
  • AP News reporting on Trump’s interview and weapon description.
  • Gulf News analysis of unnamed weapon and its reported effects.
  • Axios on use of U.S. drones and technology in operation.
  • Wikipedia entry on 2026 United States intervention in Venezuela.
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