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Just dropped · Trial Balloon · Ep. 194

What Just Happened?

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Trial Balloon · Ep. 194: What Just Happened?

Trump Upends Prosecution of White-Collar Crime

January 5, 2026 · 10:34 am ET · Leave a Comment

“President Trump’s first year back in office turned the world of white-collar enforcement upside down,” the Wall Street Journal reports.

“The Justice Department, focused on White House priorities such as immigration enforcement and violent crime, has stepped back from the kinds of complicated investigations into foreign bribery, money laundering and public corruption that former department leaders often cited among their greatest successes.”

“Along with that shift, administration officials have undone a number of notable Biden-era white-collar prosecutions. In some, the department dropped charges against executives that were pending. In others, Trump has used the pardon power to forgive a string of top company officials charged with or convicted of crimes related to their businesses.”

Crime and Punishment

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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