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Treasury moves to protect identities of "dark money" donors

Treasury Secretary Steven Mnuchin. Photo: Chip Somodevilla/Getty Images
Treasury Secretary Steven Mnuchin. Photo: Chip Somodevilla/Getty Images

Politically active nonprofit groups no longer have to disclose their financial donors to the Internal Revenue Service tax authorities, a move that shields the privacy of wealthy “dark money” donors under new rules enacted by the Treasury Department, reports Reuters.

The details: Treasury Secretary Steven Mnuchin said the IRS doesn't need donors' names and addresses to carry out its duties, and that this policy change won't limit transparency. Conservatives see this as a major win for advancing free speech.