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Financial Times:US loses focus on white-collar crime, lawyers say

Livinglies's Weblog

https://www.ft.com/content/da39462e-0520-11e7-ace0-1ce02ef0def9

5 hours ago by: David J Lynch in Washington

Donald Trump often promises to crack down on violent criminals. But he has not had much to say about the crooks who target bank accounts rather than people. Sample the FT’s top stories for a week You select the topic, we deliver the news. Select topic Enter email address Invalid email By signing up you confirm that you have read and agree to the terms and conditions, cookie policy and privacy policy.

The president’s zeal on street crime represents a shift in enforcement priorities compared with the Obama administration, which secured more than $20bn in corporate fines and penalties in its final weeks alone, from companies including Rolls-Royce, Volkswagen and Deutsche Bank. Under Mr Trump, the US Department of Justice may not overhaul its white-collar crime stance as thoroughly as its approach to areas such as voting rights, where the…

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