Penalties against misbehaving corporations have dropped under Trump

Corporations in the Trump era have not faced the same level of policing by the Securities and Exchange Commission and the Justice Department that they did under the Obama administration, an investigation by the New York Times has revealed.

The big picture: Government data shows that across the board, there has been a sharp decline in financial penalties against banks and corporations accused of misconduct. According to the Times, this mirrors the Trump administration's approach to rolling back regulations and belief that corporate penalties "unfairly punish a company’s shareholders for the misconduct of employees."