Biden Paved the Way for Trump’s Leniency on Corporate Crime

The federal government under Joe Biden prosecuted fewer corporate crime cases than at any point in the last 30 years. Now the Trump administration is set to drop or pause more than 100 enforcement actions against corporate misconduct.

President-Elect Donald Trump Meets With Biden, Congressional Leaders In Washington

Joe Biden meets with Donald Trump in the Oval Office of the White House on November 13, 2024, in Washington, DC. (Alex Wong / Getty Images)


The federal government under President Joe Biden prosecuted fewer corporate crime cases than at any point in the last three decades. White-collar criminal prosecutions hit a thirty-year low in recent years, according to data shared exclusively with the Lever.

A new report by consumer advocacy group Public Citizen shows that under President Joe Biden, the Justice Department successfully prosecuted just eighty cases of corporate crime in 2024, down from 300 in 2000 during Bill Clinton’s administration.

In 2022, Deputy Attorney General Lisa Monaco — a former corporate consultant who lobbied on behalf of Boeing and then oversaw the Biden administration’s now-defunct sweetheart deal with the plane manufacturer — said that the Justice Department needs “to do more and move faster” when it comes to cracking down on corporate crime.

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