Prosecutions of white-collar criminals by the U.S. Justice Department plunged to an all-time low in January, according to a study published just days after President Donald Trump proclaimed his commitment to \u0022safeguarding the American consumer\u0022 and \u0022strengthening our efforts to prevent and prosecute fraud.\u0022\u0022White-collar and corporate prosecutions are at their lowest point in modern U.S. history. Never has white-collar crime gone so ignored.\u0022 —Transactional Records Access Clearinghouse, Syracuse UniversityThe analysis released Tuesday by Syracuse University\u0026#039;s Transactional Records Access Clearinghouse (TRAC) found that the Justice Department prosecuted just 359 white-collar criminals in January, a decline of 25% from five years ago. TRAC has been recording data on white-collar prosecutions since 1986.\u0022Federal white-collar prosecutions have fallen from their peak of over 1,000 in June 2010 and February 2011,\u0022 the study found. \u0022During the Obama administration in [fiscal year] 2011, they reached over 10,000. If prosecutions continue at the same pace for the remainder of FY 2020, they are projected to fall to 5,175—almost half the level of their Obama-era peak.\u0022David Sklansky, a former assistant district attorney and co-director of the Stanford Criminal Justice Center, called the decline \u0022disturbing.\u0022\u0022It\u0026#039;s a matter of concern that federal prosecutions of white-collar fraud have declined so precipitously,\u0022 Sklansky told MarketWatch. \u0022When the U.S. Attorney\u0026#039;s offices file fewer of these cases, that slack is unlikely to be picked up by district attorneys or state prosecutors.\u0022After digging into data on prosecutions from the @TheJusticeDept, TRAC discovered that white-collar and corporate prosecutions are at their lowest point in modern US history. Never has white-collar crime gone so ignored.Read the report here: https://t.co/XtMjYSJYi1 pic.twitter.com/szLm3AKMuY— TRAC Reports (@TRACReports) March 3, 2020The study came in the middle of National Consumer Protection Week, which began March 1 and ends on Saturday, March 7. President Donald Trump marked the occasion with a statement vowing to prosecute \u0022bad actors seeking to harm and exploit honest and hardworking people through deception and other nefarious tactics.\u0022\u0022It\u0026#039;s a strange claim, given that federal white-collar crime prosecutions are at an all-time low,\u0022 Washington Post columnist Catherine Rampell tweeted in response to Trump\u0026#039;s statement.Also, the Trump administration has been trying to dismantle the Consumer Financial Protection Bureau. Yesterday SCOTUS heard a constitutional challenge to CFPB structure; Trump admin refused to defend the agency. https://t.co/AZzSDXG4As— Catherine Rampell (@crampell) March 4, 2020Last month, as Common Dreams reported, Trump granted clemency to several high-profile white-collar criminals, including \u0022junk bond king\u0022 Michael Milken and former Illinois Gov. Rod Blagojevich.\u0022White-collar crimes, in Trump\u0026#039;s worldview, are not \u0026#039;real crimes,\u0026#039;\u0022 MarketWatch columnist Paul Brandus wrote at the time.