The Trump administration has dropped, withdrawn, or halted over 100 corporate investigations and enforcement actions within its first two months in office, according to an analysis by Public Citizen. That’s 20% of all the active corporate enforcement actions that Public Citizen was tracking as of the end of the Biden administration.
Public Citizen’s research director Rick Claypool expects the dropped cases will lead to more corporate abuse. “Trump’s soft on corporate crime approach invites a corporate crime spree and potentially catastrophic abuses for America’s consumers, workers, and communities,” Claypool said.
Several of the companies and their leaders have been major Trump campaign or inaugural donors, including GEO Group, JP Morgan Chase, Amazon, Ripple Labs, and Robinhood, as well as Elon Musk’s SpaceX.
