Trump admin ranks companies on loyalty while handing out favors to Big Tech

We contacted the White House today and will update the story if it provides any comment.

Ending “weaponization”

Public Citizen wrote that “President Donald Trump spent much of his 2024 presidential campaign claiming his prosecution by multiple authorities and subsequent conviction for his crimes are unfair ‘weaponization’ of law enforcement. Corporate executives in the technology sector, eager to curry favor, seized on the talking point. They similarly cast powerful corporations accused of violating laws that protect consumers, workers, investors, and the public as victims of ‘weaponized’ enforcement.”

The Trump administration acted quickly to end this alleged weaponization, Public Citizen wrote:

When Trump took office, the corporate campaign to discredit law enforcement that protects the public and holds the powerful accountable culminated in the day one executive order “Ending Weaponization of the Federal Government,” which explicitly ties enforcement against Trump and January 6 rioters to enforcement against corporate lawbreaking…

Since then, the Trump White House has exerted unprecedented authority over statutorily independent enforcement agencies such as the Consumer Product Safety Commission, Federal Trade Commission, and the Securities and Exchange Commission, and has essentially eliminated the half-century policy of the Justice Department’s independence from the White House.

The elimination of agency independence means enforcement investigations and lawsuits will not proceed if President Trump wants to kill them, and that agency officials who resist White House orders will be removed.

Twenty-three enforcement actions against cryptocurrency corporations and 11 against financial technology firms have been dropped or halted under Trump, the report said. Tech companies that have had investigations stopped include Activision, Binance, Coinbase, eBay, HP, Juniper, Meta, Microsoft, PayPal, SpaceX, and Tesla, the report said.

There are still numerous pending investigations and lawsuits against tech companies that the Trump administration hasn’t ended, at least not yet. Companies investigated by the Biden administration and which are now “poised to exploit their ties with the Trump administration include Amazon, Google, Meta, OpenAI, and corporations headed by Elon Musk (Tesla, SpaceX, xAI, The Boring Company, and Neuralink),” the report said. Public Citizen also published a spreadsheet containing information on active cases and those that have been ended.

Leave a Comment

Your email address will not be published. Required fields are marked *