Treasury Ends Booz Allen Contracts After Trump Tax Data Leaks

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Source: PBS
Treasury Ends Booz Allen Contracts After Trump Tax Data Leaks
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TL;DR Summary

The U.S. Treasury terminated its contracts with Booz Allen Hamilton after a former Booz Allen employee was charged and sentenced for leaking Trump and other wealthy individuals’ tax data to news outlets, prompting questions about safeguards. Booz Allen says it doesn’t store taxpayer data, supported the investigation, and continues other federal contracts, while the stock fell following the announcement. The case underscored ongoing concerns about access to sensitive tax information and contractor oversight.

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