Pramila Jayapal Releases New Report Detailing Admin’s Failure on White-Collar Crime
The justice system has long been relatively easy on the one percent: huge corporations and billionaires. Congresswoman Pramila Jayapal (D-WA) on Tuesday released a new report confirming this widely held belief. "Rigged Justice 2.0: Government of the Billionaires, by the Billionaires, and for the Billionaires" details the failure of the federal government to hold corporate and white-collar criminals accountable. The 16-page report, which Jayapal released with Senator Elizabeth Warren (D-MA), examined the failure to protect consumers, workers, and the environment since Donald Trump took office. "The Trump administration has treated their billionaire buddies and corporate campaign contributors like the old friends they are," reads the report, "handing them the keys to government regulatory decisions, and neutering the federal government's enforcement tools to address and prevent corporate crime." It found that there has been a rapid decline in the number of white-collar crime enforcement actions pursued by the federal government, bringing enforcement activity to a 20-year low -- down 33.5% from 2013. The report also found a more than 80% decline in monetary penalties and enforcement actions during the administration's first 20 months at the Department of Justice, the Environmental Protection Agency, and the Federal Communications Commission. “[D]uring the first two years of the Trump administration, dozens of former executives, lobbyists, and other industry insiders have been tasked with regulating their corporate benefactors; cheaters and polluters have spent billions to lobby their former colleagues; agencies have shed crucial staff; and the rich and powerful have rigged the rules to make it even harder to hold them accountable. It is easier than ever for corporations to cheat the American people and get away with it,” it states. “Rigged Justice 2.0” is a follow-up report to one produced by Warren in 2016 detailing this issue in the Obamaadministration. Read the full report here.