After a Whirlwind 2025, We Hope You'll Consider Supporting FACT in the Year of Action to Come

John,

As 2025 comes to an end, it can be easy to focus on the setbacks that have occurred in the worlds of anti-money laundering, anti-corruption, and tax. FACT, along with our members and allies, have spent much of this year fighting against the rollback of core financial transparency measures, and working to mitigate one of the largest tax cuts for big American corporations in history. That work has paid dividends. For example, the Corporate Transparency Act is still the law of the land and, just this week, a federal court of appeals affirmed the constitutionality of this landmark anti-money laundering law.

So we've been busy, but we haven't just been playing defense.

FACT has continued to expand our work at critical policy intersections, including launching a new line of work pushing back against federal subsidies for U.S. multinational oil and gas companies, and continuing to break ground at the nexus of illegal gold mining and international money laundering.

The result? The press, policymakers, and global stakeholders have taken notice.

By the numbers, FACT's impact in 2025 can be seen in:

• 160+ unique press hits and published op-eds, nearly twice as many as in the previous year.

• Two new groundbreaking reports.
  
• 60+ new publications, including newsletters, press releases, public comment letters, and blogs.
  
• More than a dozen public and private events.
  
• Hundreds of engagements and collaborations with influential stakeholders from across civil society, government, and the private sector.

Content Highlights from 2025

Anti-Money Laundering

• Report: Addressing Illegal Gold Mining in the Western Hemisphere - New Approaches for U.S. Policy
  
  
• Comment: FACT Calls on Treasury to Rescind Interim Final Rule Gutting the Corporate Transparency Act
  
  
• Press Release: Treasury Exposes U.S. to Increased Risks of Dirty Money By Delaying, Reopening Private Investment Anti-Money Laundering Rule 
  
  
• Wall Street Journal LTE: Be Transparent About Shells
  
  
• Op-Ed: The Pentagon’s push to court private equity poses profound national security risks

International Tax Transparency and Reform

• Report: America-Last and Planet-Last - How U.S. Tax Policy Subsidizes Oil and Gas Extraction Abroad
  
  
• Blog: Step One to Saving Domestic Manufacturing? Stop Giving Tax Breaks for Offshoring
  
  
• Op-Ed: Tax Transparency Can Fuel the Fight Against Climate Change
  
  
• Policy Brief: Dissecting Congress’s $170b Tax Cut for U.S. Multinational Corporations
  
  
• Op-Ed: Big Business Doesn’t Deserve a Pass on the Corporate Minimum Tax

Looking Ahead to 2026

Despite all the chaos of the past year, we've remained focused on our mission of combating illicit finance and unfair tax systems. And in 2026, we aren't slowing down.

In addition to defending long-awaited anti-money laundering reforms like the Corporate Transparency Act, FACT will continue to work with regional partners and allies to establish a new global consensus on tackling illicit gold. On tax, new, hard-won disclosures in the U.S. and Australia will provide fresh data to bring to the fight to make U.S. multinational corporations pay their fair share. And across our issue areas, we'll continue to raise awareness of how opaque financial systems and corporate tax dodging harm communities, democracy, and the planet.

As we gear up for the year ahead, we hope you'll support these efforts. All donations will go directly to financing the work of FACT's amazing team of anti-money laundering, anti-corruption, and tax experts.

Thank you so much for your continued support. 

Onward,

Ian Gary

Executive Director

FACT Coalition