Biden’s Lax Corporate Crime Enforcement Gives Way to Trump’s Total Lawlessness

Biden’s Lax Corporate Crime Enforcement Gives Way to Trump’s Total Lawlessness

A new Public Citizen report found that President Joe Biden’s Justice Department (DOJ) prosecuted fewer corporate criminals in 2024 than in any previous year over the past three decades. Over the course of Biden’s four-year term, the DOJ prosecuted fewer corporate criminals than any previous president’s four-term as far back as the first Clinton administration.The prosecution of only 80 corporations in 2024 – a 29% drop from the previous fiscal y…

Rick Claypool on Trump Pardoning a Corporation and the Decline of Corporate Enforcement - Corporate Crime Reporter

Over the past month, President Trump has been pardoning white collar criminals. Rick Claypool Public Citizen But in what may be a first, President Trump has pardoned a corporate criminal. Earlier this year, BitMEX was fined $100 million for violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an adequate anti-money laundering and know-your-customer program.  While the mainstream press reported that Trump par…