Post #41147 by ges on the US Policy board

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Trump will protect the white collar criminals.

Trump’s SEC Strips Staff of Power to Launch Investigations

What Happened: The Securities and Exchange Commission has revoked its enforcement staff’s authority to launch formal investigations without direct approval from Trump-appointed commissioners. This reverses a 2009 rule that allowed staff to issue subpoenas independently and open probes into potential financial crimes.

Why It Matters: This politicizes financial enforcement, slowing down or outright blocking probes into corporate fraud, insider trading, and securities violations. It hands full control to Trump loyalists to shield Wall Street allies from scrutiny and can be weaponized against organizations that fall out of favor with the regime.

Source: Reuters

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