A recent watchdog report indicates that the Trump administration has adopted lenient enforcement practices towards corporations, with investigations into at least 89 companies either paused or dismissed. This shift raises concerns over safety, labor, and environmental practices. Advocacy group Public Citizen posits that this approach endangers public welfare by reducing accountability for corporate transgressions. The administration has justified this by prioritizing national security interests, evidenced by the executive order halting enforcement of the Foreign Corrupt Practices Act and a shift in the SEC’s focus away from regulating cryptocurrencies.
The Trump administration is pausing or dropping investigations into at least 89 companies involved in legal infractions, aligning enforcement priorities with his administration's focus.
Rick Claypool warns that Trump is granting 'get out of jail free' cards to corporate lawbreakers, suggesting severe implications for public accountability and enforcement.
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