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For Immediate Release
January, 08 2018, 04:30pm EDT
Contact:
Damon Moglen, (202) 222-0708, DMoglen@foe.org, Patrick Davis, (202) 222-0744, pdavis@foe.org
FERC Rejects Perry's Power Plan
WASHINGTON
The Federal Energy Regulatory Commission today rejected a Department of Energy proposal to change electricity market rules that would have bailed out failing nuclear and coal plants projects.
In response, Damon Moglen, Senior Strategic Advisor for Friends of the Earth, issued the following statement:
Tens of thousands of people wrote to FERC demanding the rejection of Secretary Perry's ludicrous proposal to bailout failing nuclear and coal projects.
No matter how forceful industry lobbying, the market factors simply dictate that nuclear and coal power plants should be replaced by cheaper, cleaner, and safer solar and wind power.
This is a good day for the public and a good day for the cause of addressing catastrophic climate change.
Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.
(202) 783-7400LATEST NEWS
'The Country Is Not Trump's to Liquidate': New Report Details Depths of Presidential Corruption and Grift
"Americans know they’re being ripped off and are demanding accountability."
Jun 03, 2026
The American Economic Liberties Project and Groundwork Collaborative on Wednesday released a joint report detailing how President Donald Trump's unprecedented corruption is padding his own pockets at the expense of US taxpayers.
The report—titled "The Price of Corruption: How Trump's Pay-to-Play Administration is Driving Up Costs for Working Families"—explains how Trump isn't just using the presidency to enrich himself, but leaving ordinary Americans to foot the bill for his corrupt dealings.
The report notes that the TrumpRx website, which purports to offer Americans deep discounts on drugs, is actually a scheme for funneling even more money to large pharmaceutical companies.
"When Trump rolled out TrumpRX earlier this year, the administration claimed it was a way for Americans to access more affordable prescription drugs," the report states. "Instead, the platform fails to disclose information about less expensive generic alternatives and, in some instances, charges consumers more for products that are available for less elsewhere."
Rather than providing real relief, the report charges, TrumpRx "serves as free advertisement for Big Pharma and may be lining the pockets of the president’s eldest son, Donald Trump Jr., who is on the board of prescription drug platform BlinkRX, which stands to benefit from the administration’s promotion of direct-to-patient medicine sales."
The report also highlights the way that Trump has used his tariffs, which raise the cost of imported goods for US consumers, as a personal self-enrichment tool, such as when he slashed tariffs on Switzerland "just a few days after Swiss business leaders presented him with a personalized gold bar worth more than $130,000 and a Rolex desk clock."
Trump levied tariffs against Brazil last year in retaliation for that country convicting a political ally, former Brazilian President Jair Bolsonaro, of plotting a coup to illegally stay in power after he lost an election to current President Luiz Inácio Lula Da Silva.
"Americans paid the price for Trump’s international allies breaking the law," states the report, "as coffee imported from Brazil surged to a 40% increase in price."
One particularly egregious instance of Trump's corruption, the report explains, comes from the president's unprecedented number of pardons of political allies, including hundreds of rioters who violently stormed the US Capitol on his behalf on January 6, 2021.
Beyond the high-profile rioter cases, the report shines a spotlight on a number of white-collar criminals who have received presidential clemency, including Paul Walczak, "a nursing home executive convicted of tax evasion" who was pardoned "three weeks after his mother donated $1 million to Trump at a Mar-a-Lago fundraiser," and cryptocurrency mogul Changpeng Zhao, who received a pardon months after helping boost the Trump family's crypto venture.
The report notes that the Trump administration has also stacked regulatory agencies in ways that directly benefit the business interests of the president's family members, most prominently in the realm of online prediction markets tied to Donald Trump Jr.
"Over the past year, Donald Trump Jr. has served as a strategic advisor to Kalshi and a large investor in Polymarket, while the Commodity Futures Trading Commission (CFTC)—the agency overseeing these firms—has acted as their ally, rather than their watchdog," the report says. "Both firms had actively lobbied Trump’s CFTC to block states from regulating prediction markets in the same way they regulate gambling companies."
Morgan Harper, director of policy and advocacy at the American Economic Liberties Project, called the report on Trump's corruption "a reminder that we cannot afford to look away or pretend that any of this is normal."
"The country," Harper added, "is not Trump’s to liquidate."
Molly Claflin, senior fellow at Groundwork Collaborative, made the case that Trump's corruption and the economic pain being felt by Americans are inseparable.
“As working families buckle under the weight of Trump’s high prices, the president is further driving up costs by abusing his position to direct taxpayer-funded kickbacks to his family and political allies," said Claflin. "His erratic policymaking is making daily life more expensive. Americans know they’re being ripped off and are demanding accountability."
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Platner Campaign Says Fundraising Up, Polling Lead Over Collins Holding, Despite Latest Smear Effort
"This campaign has always been about the ideas that will move Maine forward and past a broken politics of the past—just what the electorate and this moment demands," said Platner.
Jun 03, 2026
Releasing new polling and fundraising data that has been gathered in recent days, Democratic US Senate candidate Graham Platner emphasized Wednesday that despite the latest wave of attacks by party consultants and the media, voters across Maine appear focused on "the cost of living and whether it still trusts" Republican Senator Susan Collins.
"This is a race against an incumbent losing her grip on the voters who put her there," said Platner. "Across the board—the poll numbers, the fundraising, the conversations with voters—all signs point in our favor."
On Tuesday and Wednesday, Public Policy Polling conducted a survey of 670 voters, and found that the presumptive Democratic candidate had the support of 49% of respondents, compared with 45% who backed Collins.
Six percent of voters said they were undecided, and those respondents largely voted for former Vice President Kamala Harris by a 23-point margin in 2024. They gave President Donald Trump a net -26 favorability rating, suggesting they're more likely to ultimately vote for Platner than the five-term Republican who cast decisive votes to help the president secure a right-wing US Supreme Court and has recently backed his invasion of Iran.
"Susan Collins is spineless and corrupt," said Platner on social media as his campaign released the internal polling results. "And in 153 days, we will defeat her."
The Maine Senate primary is being held on June 9. Platner's closest competitor, Gov. Janet Mills, suspended her campaign at the end of April after trailing him in polls and fundraising for months, making him the presumptive Democratic nominee.
The pollster surveyed Mainers after telling them about a former Platner campaign staffer's revelation over the weekend that the candidate's wife had told her about "sexually charged text messages" he sent to other women early in their marriage, an issue the couple says they worked through in counseling. The group also told voters that “critics say that Susan Collins used her position as US senator to help steer over $50 million in government contracts to her husband’s company."
When the voters were given the information, the four-point differential stayed the same, with Platner leading 48%-44%.
Platner said that over the past week, since the news broke about the couple's earlier marital struggles, the campaign has also "seen some of the strongest fundraising of the entire campaign."
Over four days following last Saturday, when the story set off a media firestorm, the campaign's fundraising was 17% higher than the previous four-day period.
It also saw an 18% increase in small-dollar donations overall, and a 27% increase in small-dollar donations that came from Mainers.
The campaign noted that media coverage on the ground in Maine this week tells a similar story to the one conveyed by the poll and the fundraising numbers.
On Tuesday, CBS News interviewed several voters who said the news about Platner's marriage and earlier controversies—none of which made a dent in polling for the candidate—would not change their voting plans.
Maine voters tells CBS News that Graham Platner’s sexting controversy won’t change their votes#MaineSenate pic.twitter.com/CNlNE6hp0J
— Politics & Poll Tracker 📡 (@PollTracker2024) June 2, 2026
A Maine resident named Anne Morrissey also told The Washington Post on Tuesday that she viewed the news of Platner's previous marital struggles as a "nothingburger."
"It's 2026," she said. "There are so many real problems."
Another voter, Tara Grady-Taylor, said the texting controversy “doesn’t change the amount of good he could do if he does the things he promises."
The Platner campaign described the message it is getting from Mainers as "steadfast."
"They care that you’re fighting for their hospitals, their wages, their housing, and their kids," said Platner. "This campaign has always been about the ideas that will move Maine forward and past a broken politics of the past—just what the electorate and this moment demands."
Key Platner supporters in Congress have also called for the media to remain focused on the issues facing working families across the country, such as the rising cost of living, healthcare, and massive economic inequality—all of which Platner has made central focuses of his campaign.
When asked by The Associated Press on Monday whether he still supports Platner, Sen. Bernie Sanders (I-Vt.) replied, "Of course. Why would I not?"
“People can’t afford healthcare. Can’t afford groceries. Can’t afford to put gas in their cars," said Sanders. "And I think it might be a good idea if we focused on the important issues facing the working families of Maine and this country."
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Citing Shady Stock Trades, Warren Asks Bessent If SEC Should 'Be Knocking on President Trump's Door'
"Instead of draining the swamp, what Donald Trump is doing is he is enriching himself by taking advantage of his position," said Sen. Elizabeth Warren. "That is not public service."
Jun 03, 2026
US Sen. Elizabeth Warren on Wednesday pressed Treasury Secretary Scott Bessent on the suspiciously timed trading activity of President Donald Trump, pointing specifically to a large purchase of Nvidia stock just days before his administration approved a sale of the tech giant's chips to China.
During a Senate Appropriations Committee hearing, Warren (D-Mass.) asked Bessent—who has criticized lawmakers for trading stocks—whether he would be willing to hold his boss to the same standard. Last year, Bessent said that if any private citizen traded like members of Congress, the Securities and Exchange Commission (SEC) "would be knocking on their door."
"Should the SEC be knocking on President Trump's door?" Warren asked Bessent, who responded that the Massachusetts Democrat and her congressional colleagues should "lead by example."
"I would like to see the president of the United States lead by example," replied Warren, who supports a ban on congressional stock trading and does not own or trade stocks in individual companies. "Instead of draining the swamp, what Donald Trump is doing is he is enriching himself by taking advantage of his position. That is not public service. He's the one who should lead by example."
Watch the exchange:
Financial disclosures released last month show Trump made more than 3,600 trades during the first three months of 2026, purchasing shares in some companies that his administration is tasked with regulating.
"Many of these trades coincided with favorable regulatory decisions," NOTUS reported. "Trump purchased $1 million to $5 million worth of Nvidia stock on February 10, only a week before Nvidia announced a major computer processing power deal with AI and social media giant Meta. Trump previously purchased $500,000 to $1 million worth of Nvidia stock on January 6, a week before the Commerce Department officially approved the sale of some Nvidia chips to China."
In a video response response to the disclosures, Warren asked: "Was this insider trading? And what else is Trump doing to boost his own stock?"
"The American people deserve to know," said Warren. "What Trump is doing should be illegal. It's long past time that we ban the president and every single lawmaker in this country from trading in stocks. We need to end this corruption now."
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