They depend on white-collar criminals capable of building and maintaining secretive financial pipelines. Out of 480 corporations targeted in previous enforcement actions, the Trump administration has already thwarted approximately one third of them. Lawyers for victims’ families called the decision “unprecedented” and “obviously wrong for the deadliest corporate crime in US history”. But his widespread support of white-collar criminals seems to be about more than just his bottom line. The Consumer Financial Protection Bureau is starved of authority and funding, with the Trump administration openly questioning its legality.

Source: The Guardian December 21, 2025 19:44 UTC