White Collar Crime Takes a Backseat

Senators are sounding the alarm: Trump’s decision to divert law enforcement agents from white collar crime to immigration has left a gaping hole in federal oversight. It’s a move that’s emboldened financial criminals and left regulators scrambling to keep up.

A Weakened Watchdog

By pulling agents away from white collar crime, Trump’s administration has essentially given financial crooks the green light to do as they please. And it’s not like they needed an invitation – these guys are already pros at finding loopholes and exploiting weaknesses.

It’s a ridiculous situation, and one that’s only going to get worse unless something changes. Senators are warning that the lack of oversight is a recipe for disaster, and it’s hard to argue with that. After all, who’s going to police the bankers and CEOs if not the feds?