Another way Trash and his mafiya are TRADITIONAL PURE SWAMP creatures
Trump Administration Spares Corporate Wrongdoers Billions in Penalties
The three corporate giants complained that the Obama administration was being unreasonable and stood their ground, according to people briefed on the investigations.
After President Trump took office, they looked to his administration for a more sympathetic ear — and got one.
Federal prosecutors and the Securities and Exchange Commission have yet to charge Walmart, and
the Justice Department reached a much lower settlement agreement with Barclays in March, for $2 billion.
R.B.S. paid a civil penalty, but escaped criminal charges altogether.
Across the corporate landscape,
the Trump administration has presided over a sharp decline in financial penalties against banks and big companies accused of malfeasance,
The approach mirrors the administration’s aggressive deregulatory agenda throughout the federal government.
the review found:
• A 62 percent drop in penalties imposed and illicit profits ordered returned by the S.E.C., to $1.9 billion under the Trump administration from $5 billion under the Obama administration;
• A 72 percent decline in corporate penalties from the Justice Department’s criminal prosecutions, to $3.93 billion from $14.15 billion, and a similar percent drop in civil penalties against financial ins utions, to $7.4 billion;
• A lighter touch toward the banking industry, with the S.E.C. ordering banks to pay $1.7 billion during the Obama period, nearly four times as much as in the Trump era, and Mr. Trump’s Justice Department bringing 17 such cases, compared with 71.
https://www.nytimes.com/2018/11/03/u...penalties.html
When Trash and his mafiya want favor$$$ for next campaign, they will certainly, blatantly reminding BigCorp who saved them $Bs.