Posts Tagged ‘Trump Administration’
Two Examples of Compliance Issues in Trump 2.0
Today we have two more examples of what ethics and compliance in the Trump 2.0 era might look like: one demonstrating the need for compliance capabilities right now, the other suggesting the ethics and integrity pressures companies could face in the future — and both worth compliance professionals’ attention, because folks, this stuff is coming.…
Read MoreParsing Trump’s Latest Power Grab
Today I want to return to President Trump’s efforts to consolidate executive power, and what that might mean for regulatory compliance and corporate governance if he succeeds. Our latest example worth dissecting: his executive order issued last week to take control of independent government agencies. Those agencies include regulators near and dear to compliance professionals’…
Read MoreTrump Halts FCPA Enforcement
OK, the inevitable has happened. President Trump has issued an executive order directing the Justice Department to halt all enforcement of the Foreign Corrupt Practices Act and devise new enforcement guidelines for future prosecution. Let’s all take a deep breath, and then move on to consider the implications for corporate compliance programs. Is Trump’s anti-anti-corruption…
Read MoreDeregulatory Bluster at CFPB
I didn’t expect to write another post so soon on the deregulatory shenanigans of the Trump Administration and the implications for compliance officers, but already we have an example too perfect to ignore: the Consumer Financial Protection Bureau, and the deep freeze that agency entered this weekend. In case you missed it, on Saturday night…
Read MoreDOGE, Baited & Switched
Don’t look now, compliance professionals, but remember the DOGE commission’s promises to streamline federal regulation and improve efficiency? That’s all falling apart. Now it’s just another Elon Musk slash-and-burn campaign to break everything and let others clean up the mess. At least some of those others will likely be you. It seems like just weeks…
Read MoreTrump Fires IGs Across Government
President Trump fired more than a dozen inspectors general across the federal government Friday night, yet another sign that Trump has little concern about objective mechanisms for accountability in his administration. The president fired at least 12 inspectors general, according to an article in the Washington Post, although other news outlets later reported that as…
Read MoreThe DOGE Effect on Risk Management
Elon Musk and Vivek Ramaswamy shed more light this week on how they want their Department of Government Efficiency to operate. Their vision shows an alarming lack of understanding about how government operates, so compliance professionals should watch closely for the mess these two might make; you’ll be among the many stuck cleaning that mess…
Read MoreMore Questions on Trump II and Compliance
Let’s keep talking about what Donald Trump’s return to power means for the corporate compliance profession because, honestly, what else is there to talk about right now? I’ve spoken with compliance officers all week long about Trump’s victory, and most folks were bewildered, dispirited, anxious, or some blend of all three. Their comments are telling.…
Read MoreTrump & Compliance: Here We Go Again
Well, brace yourselves, ethics and compliance professionals. The American people in their mighty wisdom (or lack thereof) have returned Donald Trump to the presidency. This is one of the most consequential moments in the history of the country, sure to affect regulatory enforcement, risk management, and corporate ethics for years to come. We might as…
Read MoreBank Regulator Props Up Energy Lending
The Trump Administration is trying to push through a rule that would neuter banks’ ability to consider ethics and reputation issues when offering services — a kiss to the oil & gas industry, and one that would undermine banks’ ability to consider social and ethical factors when evaluating business relationships. The Office of the Comptroller…
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