White-Collar Enforcement Sinks Under Trump, Group Says
Pedestrians outside of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThe Trump administration canceled at least 162 corporate enforcement actions and halted 14 more in its first year back in office, according to progressive advocacy group Public Citizen.
The Ralph Nader-founded group said in a report issued Thursday that the administration’s retreat had allowed at least 18 corporations to avoid paying $3.1 billion in penalties for misconduct. Public Citizen said that some of the companies had donated to or had other ties to President Donald Trump.