The data is in! See what family owned businesses are saying about today’s challenges and opportunities.
By Greg Brower and Evan Chuck
The U.S. Department of Justice (DOJ) recently announced a new development in its effort to crack down on crimes involving trade fraud, including tariff evasion.
The recently created Market, Government and Consumer Fraud (MGCF) Unit within DOJ’s Criminal Division will focus on investigating and prosecuting crimes involving misclassification and undervaluation, transshipping and relabeling of goods in an effort to obscure their “country of origin” under U.S. import laws. This new effort furthers the Trump administration’s aggressive use of tariff policy and reflects an expectation that companies and individuals who could be adversely affected may try to avoid compliance (particularly foreign manufacturers and their U.S. importers).
By Rosemary Becchi, Marc Lampkin, Preston Rutledge and Muskan Singh
On Aug. 7, President Trump signed an executive order (EO) titled “Democratizing Access to Alternative Assets for Retirement Savers,” directing the Department of Labor (DOL) and other federal agencies to facilitate broader inclusion of alternative assets, such as private equity, private credit, real estate and digital assets, within 401(k) and other defined-contribution retirement plans.
The administration believes the EO will promote diversification and lead to higher returns for 401(k) investors and retirees. Some Democratic lawmakers have criticized the order, however, arguing that it could weaken safeguards against high-risk investments.
By Doug Friednash, Bart Reising, Daniel Joseph, Greg Sileo and John LaLime
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. Its primary objective is to extend key provisions of the 2017 Tax Cuts and Jobs Act (TCJA), including individual and corporate tax cuts. Beyond tax policy, the bill significantly reshapes federal spending and regulatory frameworks. Cities will likely feel the impact most acutely in four key areas: municipal funding, environmental impact, health care and social safety net reductions, and modifications to opportunity zones (OZs).
By Sarah Auchterlonie, Courtney Bartkus, Leah Dempsey and Sarah Mercer
From tariffs on India to regulatory changes – discover the policy shifts reshaping your family owned business’s competitive landscape.
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The need for fact-based reporting of issues important to family owned businesses and protecting a lifetime of savings has never been greater. Now more than ever, successful families and family owned businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to family owned businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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