The Treasury Department is changing the rules on which businesses have to report their ownership to the government. The Biden-era requirements were intended to prevent money laundering, but critics say they were too onerous. Will the changes make it easier for dirty money to get into the U.S.? Then: Even though the Trump administration says we’re in control of the Straight of Hormuz, barely any ships are getting through. But unlike at the start of the war, oil markets don’t seem spooked. We explain. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

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“What did the council decide on item 42?” — answered with the speaker and the moment.