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"It is incumbent on all of us to fight for the Justice Department before it's too late."
In the lead-up to US Attorney General Pam Bondi's Tuesday testimony to the Senate Judiciary Committee, hundreds of former employees of the Department of Justice and outside watchdog groups sounded the alarm about the current state of the DOJ.
"From prosecutors, special agents, and intelligence analysts to immigration judges, grant managers, civil rights attorneys, and more, we all carried out our duties faithfully, regardless of who occupied the White House. Until we no longer could," the 282 ex-DOJ employees wrote in a Monday letter released by the alumni network Justice Connection.
"Each of us left the department, either voluntarily or involuntarily, because of actions taken by this administration," they continued. "It is incumbent on all of us to fight for the Justice Department before it's too late."
The letter, first reported by MSNBC, calls out the DOJ for carrying out President Donald Trump's "retribution campaign," spreading lies about the "deep state," violating court orders, and inappropriately dismissing employees, including at the Federal Bureau of Investigation and attorneys in the Civil Rights Division.
"The administration is taking a sledgehammer to other long-standing work the department has done to protect communities and the rule of law, too," the letter notes, citing attacks on the Tax Division, the Public Integrity Section, FBI public corruption squads, and hundreds of millions of dollars in grants for at-risk communities.
"As for its treatment of its employees, the current leadership's behavior has been appalling," the letter adds. "Demonizing, firing, demoting, involuntarily transferring, and directing employees to violate their ethical duties has already caused an exodus of over 5,000 of us."
The letter urges DOJ leadership to "adhere to the legal guardrails and institutional norms," Congress to "exercise its oversight responsibilities far more vigorously," and fellow alumni and all Americans to speak out. It concludes that "our democracy is only as strong as the rule of law, and the rule of law can't survive without the principal institution that enforces it."
In a statement, Stacey Young, executive director and founder of Justice Connection, echoed that warning: "For decades, the guiding tenet for those working at the department was to do the right thing, in the right way, for the right reasons. Many believe that's no longer possible."
"They're being asked to put loyalty to the president over the Constitution, the rule of law, and their professional ethical obligations," she added. "We're seeing the erosion of the Justice Department's fabric and integrity at an alarming pace. Our democratic system cannot survive without the primary institution that enforces the law."
Bondi and other DOJ leaders—particularly FBI Director Kash Patel—have faced mounting criticism throughout the second Trump administration, including for the attorney general's Day One memo arguing that department employees are expected to "zealously defend" the president's interests and policies.
"The abuse of the Justice Department under Bondi's watch has been rampant, including the recent high-profile and scandalous move to secure an indictment against former FBI Director Jim Comey after the president publicly demanded they do so, and despite the previous prosecutor’s claims of insufficient evidence," Public Citizen co-president Lisa Gilbert said in a Tuesday statement.
"The DOJ has been in constant turmoil since Bondi took the helm, firing prosecutors who worked Capitol riot cases or investigated Trump and pushing out senior officials at the FBI," she continued. "At the same time, under her leadership, the Public Integrity Section of the DOJ, the section dedicated to fighting corruption from federal officials, has been reduced from a total of 36 employees to two."
"The Department of Justice is intended to be independent from the White House, not its revenge arm," Gilbert stressed. "Her tenure shows they have become exactly that."
Accountable.US executive director Tony Carrk also issued a statement ahead of the Senate hearing. He said that "in her eight months as Attorney General, Pam Bondi has confirmed all warnings about her treating the office as an enforcer for Donald Trump's personal whims while also acting as a walking conflict of interest for her former lobbying firm and clients."
"It says it all that the former Qatar lobbyist Bondi penned a DOJ memo—i.e. corruption 'get out of jail free card'—allowing Donald Trump to use a gifted luxury super jet from the nation he's doing billions of dollars in crypto business with during and after his presidency," he continued.
"During her first Senate hearing," he wondered, "will Bondi answer for all these sweetheart deals she's supporting for the president and former lobbying clients while millions of working Americans are asked to choose between a continued government shutdown or losing their healthcare?"
Accountable.US executive director Tony Carrk said the Supreme Court has "regularly abetted President Trump’s unlawful power grab and indulged his anti-constitutional impulses."
With a new term kicking off for the US Supreme Court on Monday, an anti-corruption watchdog group is sounding the alarm about several cases that may "rubber-stamp" President Donald Trump's attempts to further erode the rule of law and consolidate more authority over the federal government.
In a statement published Thursday, Tony Carrk, the executive director of the group Accountable.US warned that during Trump's first nine months in power, the high court's 6-3 conservative majority has "regularly abetted President Trump’s unlawful power grab and indulged his anti-constitutional impulses, which has enriched himself, his family, and his wealthy allies at the expense of everyday Americans while eroding our rights, freedoms, and protections."
He fears the court may do so again as it hands down new, highly consequential rulings. Some cases it plans to decide in the new term will determine whether Trump can use emergency powers to enact tariffs without Congress' approval and fire heads of independent federal agencies, including Federal Reserve Gov. Lisa Cook, without cause.
These cases are all on the latest so-called "shadow docket," by which the court issues emergency rulings without providing a public rationale for its decisions. Since his second term began, Trump has flooded the shadow docket with an unprecedented number of cases.
Georgetown University law professor Steve Vladeck found that in just the first 20 weeks of Trump’s second term, the administration sought emergency action by the court 19 times—the same number of requests made by the Biden administration over four years.
"On issues ranging from dismantling the Department of Education to banning transgender people from serving in the military, federal trial judges from across the ideological spectrum have repeatedly blocked actions by the administration, only for the Supreme Court to halt those rulings with little or no explanation," explained Alicia Bannon, the director of the judiciary program at the Brennan Center for Justice.
Adam Bonica, a political science professor at Stanford University, described the Supreme Court as being "in open conflict with the lower courts over cases involving the Trump administration." Between May 1 and June 23, he found, "federal district courts... ruled against the administration 94.3% of the time. The Supreme Court, however, has flipped that outcome, siding with the administration in 93.7% of its cases (15 out of 16)."
Carrk noted that these new cases "come on the heels of the court’s decision in Trump v. United States last year, which granted Trump broad immunity for unchecked abuses of power at the highest levels of government. This considerable expansion of presidential power arguably emboldened him to take even more extreme, accelerated actions."
Trump is also expected to add other cases to the shadow docket as the term progresses. On Sunday, ABC reported that Trump has requested that the court make an expedited decision on his order ending the constitutional protection of birthright citizenship.
The conservative justices signaled that they may be sympathetic to overturning birthright citizenship when they ruled in June that lower courts could not issue nationwide injunctions to stop its enforcement. Since then, three more federal judges have ruled the order unconstitutional.
The new term will come as the American public increasingly doubts the Supreme Court's evenhandedness. A Gallup poll published Wednesday found that 43% of Americans believe that the court is "too conservative." While this was the highest proportion ever recorded, it has held roughly steady since 2022, when the court overturned Roe v. Wade, which has allowed many states to severely restrict or outright ban abortion.
Approval of the court has plummeted more generally over the past five years. In 2020, just two months before the death of the liberal justice Ruth Bader Ginsburg, 58% of Americans approved of the job the Supreme Court was doing. Now just 42% say they approve of the court, just slightly up from the 39% nadir recorded in July, which was the lowest level of support the court had received in Gallup's 25-year trend.
"As the court’s new term kicks off, Carrk concluded, all eyes will be on its conservative majority to show that they’re capable of standing up for our rights, freedoms, and the Constitution, or they will further risk undermining their legitimacy and waning trust among the American public."
One watchdog leader noted that the president's deal involves "one of his major crypto business partners that generates tens of millions of dollars a year for the Trump family."
President Donald Trump on Thursday issued an executive order claiming to "save" TikTok from a federal law that would ban the video-sharing platform in the United States, but critics are condemning the Republican's deal as yet another case of him "picking winners and losers in government policy based on who is enriching his family."
Trump initially kicked off efforts to force TikTok's Chinese parent company ByteDance to divest with an August 2020 executive order, but Democratic former President Joe Biden signed the bipartisan legislation that would ban the platform based on national security concerns last year.
Since returning to office, Trump has pledged to "save" TikTok, delaying enforcement of the law and negotiating a deal under which, according to a White House fact sheet, the US application "will be majority-owned by US investors, operated in the US by a board of directors with national security and cybersecurity credentials, and subject to strict rules to protect Americans' data and our national security."
The fact sheet also confirms that "ByteDance will hold less than 20% of the stock as required by law," and "Oracle—one of the nation's leading technology companies—will act as TikTok’s security provider and independently monitor and assure the safety of all operations in the US."
Critics have expressed alarm about both the anticipated quality of the US platform and the reported investors.
OpenSecrets noted Thursday that Oracle co-founder Larry Ellison is "a Trump supporter and major bankroller of Republican candidates and causes," and the company "has spent at least $11 million on federal-level government lobbying during each of the past four full years," a trend that is set to continue this year.
Citing unnamed sources, CNBC reported Thursday that, in addition to Oracle, the main investors will be Silver Lake and Abu Dhabi's MGX. Previous reporting has also suggested involvement from venture capitalists Marc Andreessen and Ben Horowitz.
Trump on the TikTok deal: "Rupert Murdoch is involved."
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— Aaron Rupar (@atrupar.com) September 25, 2025 at 4:35 PM
While some opponents of the Trump plan have highlighted his ties to Ellison, Andreessen, and Horowitz, Tony Carrk, executive director of the watchdog group Accountable.US, focused on his relationship with MGX in a Thursday statement.
"President Trump's use of his office to enrich himself and his friends seems to know no bounds," Carrk said. "His grand scheme to 'save' TikTok just so happens to involve the enrichment of one of his major crypto business partners that generates tens of millions of dollars a year for the Trump family."
"That's no coincidence for the only US president in history that has seen his bottom line grow by billions from the White House," he asserted. "Meanwhile, working Americans see their costs continue to increase, from groceries to healthcare to housing. It's clear the president's priority is himself, not the rest of us."
Trump's Thursday order affirms that the deal complies with last year's law and allows another 120 days to finalize the details.
The Associated Press reported that "Trump said Thursday that Chinese leader Xi Jinping has agreed to move forward with it. However, the Chinese embassy in Washington didn't immediately respond to an AP inquiry seeking confirmation that China has formally signed off on the proposed framework deal."
US political leaders have long claimed that under ByteDance's control, users may encounter content favored by the Chinese government. The Electronic Frontier Foundation said earlier this week that "if the concern had been that TikTok could be a conduit for Chinese government propaganda—a concern the Supreme Court declined to even consider—people can now be concerned that TikTok could be a conduit for US government propaganda."
Joining Trump in the Oval Office for the executive order signing on Thursday, Vice President JD Vance seemed to confirm that's the plan, telling reporters that "the US company will have control over how the algorithm pushes content to users, and that was a very important part of it."
Responding to Vance's remarks, one social media user quipped, "Ahh, so it was just an issue of *whose* propaganda."
A health researcher for Public Citizen said Trump's interim CDC director has "no medical or public health background and extremist libertarian views."
After pushing out his own handpicked Centers for Disease Control and Prevention (CDC) director, infectious disease expert Susan Monarez, fueling a wave of outraged resignations this week, US President Donald Trump has appointed a loyal acolyte to replace her at Health and Human Services Secretary Robert F. Kennedy Jr.'s side.
On Thursday, the president tapped one of RFK's top aides as interim CDC director: biotech investor Jim O'Neill, a man with no medical experience but extensive experience profiting from healthcare while working at billionaire GOP megadonor Peter Thiel's venture capital firm, Mithril Capital.
Unlike his predecessor, whose ouster came as she tried to push back against RFK's anti-vaccine agenda, O'Neill fits snugly into the secretary's efforts to restrict access to the Covid-19 vaccine, and potentially ban it outright, as the Daily Beast reported earlier this week.
"A tech investor with no medical or public health background and extremist libertarian views, Jim O'Neill was unfit for the number two position at HHS and manifestly unqualified to lead the CDC," said Dr. Robert Steinbrook, director of Public Citizen's health research group, on Friday.
Just as Kennedy did during his confirmation hearings, O'Neill insisted he was "pro-vaccine," noting that he was "an adviser to a vaccine company." However, this is belied by his record on the subject.
He has championed unproven cures like ivermectin, hydroxychloroquine, and vitamin D supplements to protect against Covid-19, and has accused the CDC under the administration of former President Joe Biden of downplaying the vaccine's dangers while railing against mandates.
O'Neill has also praised Kennedy's response to the measles outbreak that swept across the US earlier this year, during which the secretary downplayed the severity and cast unfounded doubt on the effectiveness and safety of the measles vaccine that had virtually eradicated the disease before vaccination rates began to decline.
"Unlike Susan Monarez," Steinbrook said, "O'Neill is likely to rubber-stamp dangerous vaccine recommendations from HHS Secretary Kennedy's handpicked appointees to the Advisory Committee on Immunization Practices and obey orders to fire CDC public health experts with scientific integrity."
O'Neill melds medical crankery with a Thielite strain of anarcho-libertarianism. He has served on the board of the Seasteading Institute, an organization founded by Patri Friedman, the grandson of the right-wing economist Milton Friedman, who advocates for corporations like Apple and Google to form their own floating cities at sea, which would be governed as corporate "dictatorships" free from the constraints of democratic governance.
That anti-government ethos extends to his views on the healthcare system, which O'Neill says is flawed not because of the rampant profiteering of the private companies that run it, but because it is supposedly not "free market" enough.
In 2014, he advocated for the Food and Drug Administration (FDA) to begin approving drugs for the market without conducting clinical trials to determine their effectiveness. "Let people start using them, at their own risk," he argued, "Let's prove efficacy after they've been legalized."
He has also argued for the government to allow people to sell their own internal organs. This process often results in deteriorating health for the disproportionately poor people who partake.
While working at HHS under the administration of former President George W. Bush, O'Neill also opposed the FDA regulation of companies that use algorithms to perform laboratory tests.
At the time, he was focused on DNA testing products like 23andMe, but a report from the consumer watchdog group Public Citizen says that "a decade after he made this remark, it's clear how dangerous such a concept is," noting that "with the development and proliferation of artificial intelligence, algorithms are omnipresent in the practice of medicine, including in diagnostic tools, medical devices, AI assistants to doctors, and personalized medicine."
In addition to Thiel's ideology, he reportedly brings several conflicts of interest to the CDC director job from his time working at Thiel's venture capital firm.
Accountable.US reported Friday that O'Neill "took money from, helped incubate, or was otherwise linked to at least eight medical industry startups with direct business before the department he could help run."
These include firms he advised, like the pharmaceutical company ADvantage Therapeutics or the National Institutes of Health grantee Rational Vaccines, which manufactures herpes drugs.
It also includes four companies seeded by his Thiel-affiliated venture capital firm Breakout Labs, some of which have received government funding or have products awaiting FDA approval.
Though O'Neill agreed to divest from some of these companies and abstain from involvement in decision-making with them as part of his ethics agreement, the report notes that "he did not promise to abstain from decisions involving these companies for the duration of his term, or to abstain from doing business with them after departing HHS."
"O'Neill would be in a prime position to ensure favorable outcomes for several medical industry startups he's been financially linked to that have direct business before HHS and the CDC," said Accountable.US executive director Tony Carrk. "How can American patients be sure that proper vetting of these companies would take place on O'Neill's watch and that public health will be a higher priority over the profits of his former clients?"
Though Steinbrook describes O'Neill as "manifestly unqualified" for the position, he said, "No credible public health authority is likely to work for Kennedy, who is dictating the agency's decisions based on whim, not science."
"The only path forward," Steinbrook said, "is for Kennedy to go, which Congress, professional organizations, medical journals, and the public should demand."
"Reckless tariff policy is wreaking warrantless chaos on our economy, with grocery giants shifting market uncertainty onto consumers," said Accountable.US president Caroline Ciccone.
As leading grocery chains increase prices on essentials, they are blaming US President Donald Trump's tariffs for raising the cost of living for households across the country.
According to the Consumer Price Index, the price of food has increased by 3% in the past year, with meats, poultry, fish, and eggs getting 5.6% more expensive from June 2024 to June 2025.
In a poll published this month by the Associated Press and the National Opinion Research Center, 90% of Americans reported that they considered the cost of groceries a source of stress, with 53% describing it as a "major" source of stress.
In earnings calls and public statements, executives of many of America's largest and most profitable grocery retailers are citing Trump's tariffs as justification for passing on the costs to consumers, according to a new report released on Tuesday by Accountable.US.
In a first-quarter earnings call in May, Walmart CEO Doug McMillon said that while the company was better positioned than others to absorb the cost of tariffs, they would still "result in higher prices" for consumers. Since then, some grocery items at America's largest retailer have shown 40% hikes that have outraged consumers, fueling calls for a boycott.
On another call Thursday, McMillon said, "We've continued to see our costs increase each week, which we expect will continue into the third and fourth quarters."
"Trump's tariffs are making groceries more expensive," said Accountable.US. "Everyday Americans pay the cost while corporations and the wealthy profit."
Costco's chief financial officer, Gary Millerchip, told shareholders in May that the company "saw inflation as a result of tariffs because we import certain fresh items from Central and South America."
Kroger's CFO, Todd Foley, projected similar hikes to fresh food prices beginning in March. Though Foley said the impact would not likely be as significant as those experienced by their international competitors, he said the tariffs would likely cause "mid-single digit effects" on the costs of produce imported from Mexico and Canada.
Albertsons CEO Susan Miller has acknowledged that the company is raising prices on some goods to compensate for tariffs. But it has also turned the screws on its suppliers, demanding that they eat the cost of the new levies.
In the American Prospect, David Dayen described the latter as an example of how the tariffs were helping monopolies consolidate their power.
"Albertsons holds a significant market share in the grocery market, particularly in the western United States," he wrote. "Independent grocers, however, typically don't have the same ability to dictate terms to suppliers, and therefore will have to take whatever they can get."
Many of the companies currently raising prices have previously been caught or even admitted to price-gouging consumers to take advantage of inflation in the wake of the Covid-19 pandemic. The tariffs, a regressive tax that Trump has suggested as a way to offset the massive tax cuts given to the wealthy, have further exacerbated that pain.
"While Trump grants massive tax cuts to massive corporations and the ultra-rich," said Accountable.US President Caroline Ciccone, "his reckless tariff policy is wreaking warrantless chaos on our economy, with grocery giants shifting market uncertainty onto consumers."
According to an investigation by Accountable.US, 73% of Trump's net worth may now come from crypto, which his administration is working to dramatically deregulate.
Over his nearly seven months as president, the administration of U.S. President Donald Trump has been taking a sledgehammer to regulations on cryptocurrency. A new report sheds further light on the reasons why.
The president may be profiting far more from his "rapidly-growing crypto empire" than was previously known and has used it to dramatically increase his net worth, according to an investigation released Thursday by the anti-corruption group Accountable.US.
While a report from Bloomberg on July 2 estimated the billionaire president's crypto holdings to total about $620 million of his nearly $7 billion net worth, Accountable examined other investments that had not previously been reported.
"President Trump's net worth," the group estimated, "could roughly be $15.9 billion, with about $11.6 billion in uncounted crypto assets." This would mean crypto accounts for 73% of his net worth.
Accountable reached this number by including investments that either had not yet occurred or were not public at the time of previous reporting.
These included roughly 22.5 billion tokens issued by Trump-owned WorldLiberty Financial Inc., which are estimated to be worth about $2 billion in value, but had not yet become tradable.
Other analyses, it said, also excluded the $7 billion in value of the new $TRUMP memecoins released in late July 2025.
"Two Trump-affiliated companies owned 80% of the $TRUMP venture as of May 2025 and were estimated to have collected over $324 million just in fees since January 2025," the report said.
Accountable also factored the holdings of Trump Media—the company that owns the president's social media app Truth Social. In July, the company bought $2 billion in Bitcoin and reserved another $300 million for Bitcoin options, and also announced the launch of its own set of NFTs.
As part of what they called "Crypto Week," Republicans passed multiple industry-friendly pieces of crypto legislation in July, the GENIUS Act and the CLARITY Act, which Accountable says allow Trump to directly profit.
The GENIUS Act purported to create a regulatory framework for so-called "stablecoins," which are pegged to existing financial assets like the U.S. dollar and are poised to become part of the portfolios of increasing numbers of companies. However, as Nikki McCann Ramirez wrote for Rolling Stone in June:
One of Trump's priorities has been the normalization of these so-called stablecoins — a type of asset that his family is now hawking.
Despite the moniker, stablecoins can be extremely unstable. A 2023 study published by the Bank for International Settlements found that of 60 stablecoins analyzed in their review, all of them had become de-pegged from their underlying asset at least once.
The 2022 crypto crash was triggered by the failure of Terraform Lab's Terra/Luna "algorithmic" stablecoin—the collapse of which saw $45 billion erased in the span of a week.
The bill places only very light regulations on stablecoins, and Sen. Elizabeth Warren (D-Mass.) has warned that since he controls such a large percentage of the stablecoin market, their uptake into the broader economy could "create a superhighway for Donald Trump's corruption."
"As soon as the players understand that Trump's intervention is a real possibility, then the stablecoin market is no longer about a careful review of whether there are adequate dollars to back up a particular stablecoin, or whether the stablecoin issuer has an AAA rating," Warren said.
"Instead, the whole game becomes one of trying to engage the president to weigh the end and make one set of coins more valuable, and therefore another set of coins less valuable," she added. "It's corruption, but it's also a market manipulation that ultimately drains away any development...It undermines all the markets at that point."
But the CLARITY Act, which has been passed by the House and now awaits consideration in the Senate, is "the real prize" for the industry. It would dramatically narrow the Securities and Exchange Commission's (SEC) ability to regulate cryptocurrencies—most notably by recategorizing many assets as commodities instead of securities, which places them under the much smaller and less-resourced Commodity Futures Trading Commission (CFTC).
Trump would be one of the foremost beneficiaries of this bill, which would exclude digital assets like his $TRUMP and $MELANIA "meme coins" from SEC regulation.
It would also likely affect the classification of Bitcoin, which Trump Media has explicitly acknowledged would benefit the president. "If Bitcoin is determined to constitute a security," the company said in a June SEC filing, it could "adversely affect" the price of Bitcoin and the price of Trump Media's holdings.
Not only does this benefit Trump, said Accountable.US executive director Tony Carrk, but the legitimization and entrenchment of these unstable assets has the potential to make the whole economy less stable.
"Eerily reminiscent of the risky behavior that gave us the 2008 financial collapse, Donald Trump is ushering in a new era of casino-like speculation on Wall Street with highly volatile crypto trading in retirement accounts," Carrk said.
"While the Trump family stands to win either way with crypto investment product fees," Carrk added, "throwing such a wild card into the financial system with little to no guardrails could lead to history repeating itself—with everyday Americans footing the bill when things inevitably go south."
"Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud," said one critic in response to the billionaire treasury secretary's candid comments.
U.S. Treasury Secretary Scott Bessent on Wednesday admitted that a provision in Republicans' One Big Beautiful Bill Act is a mechanism for privatizing Social Security—something President Donald Trump has repeatedly said he won't do.
Speaking at a policy event hosted by the far-right news site Breitbart, Bessent touted the so-called "Trump accounts" available to all U.S. citizen children starting next July under the OBBBA signed by the president earlier this month.
"In a way, it is a backdoor way for privatizing Social Security," the billionaire former hedge fund manager said of the accounts. "Social Security is a defined benefit plan paid out—that to the extent that if all of a sudden these accounts grow, and you have in the hundreds of thousands of dollars for your retirement, that's a game-changer."
Responding to Bessent's admission, Tim Hogan—the Democratic National Committee senior adviser for messaging, mobilization, and strategy—said that the treasury secretary "just said the quiet part out loud: The administration is scheming to privatize Social Security."
"It wasn't enough to kick millions of people off their healthcare and take food away from hungry kids," Hogan added. "Trump is now coming after American seniors with a 'backdoor' scam to take away the benefits they earned. Democrats won't stand by as Trump screws over working families in order to give more handouts to billionaires."
House Ways and Means Committee Ranking Member Richard Neal (D-Mass.) said in a statement: "Today, the treasury secretary said the quiet part out loud: Republicans' ultimate goal is to privatize Social Security, and there isn't a backdoor they won't try to make Wall Street's dream a reality. For everyone else though, it's yet another warning sign that they cannot be trusted to safeguard the program millions rely on and have paid into over a lifetime of work."
Nancy Altman, president of the advocacy group Social Security Works, mocked Trump's promises to preserve the key program upon which more than 70 million Americans rely—and called him out for eviscerating the Social Security Administration (SSA).
"So much for Donald Trump's campaign promise to protect Social Security," Altman said in a statement. "First, he gave Elon Musk the power to gut SSA. Now, Trump's treasury secretary has said the quiet part out loud. He is bragging about the administration's goal to privatize Social Security."
"First, they are undermining public confidence in Social Security by making false claims about fraud (which is virtually nonexistent) and wrecking the system's service to the public," Altman continued. "Then, once they have broken Social Security, they will say that Wall Street needs to come in and save it."
"That is a terrible idea," she added. "Unlike private savings, Social Security is a guaranteed earned benefit that you can't outlive. It has stood strong through wars, recessions, and pandemics. The American people have a message for Trump and Bessent: Keep Wall Street's hands off our Social Security!"
Alliance for Retired Americans executive director Richard Fiesta said that "Bessent let the cat out of the bag: This administration is coming for Social Security."
"We're not surprised—but we are alarmed because this administration has already taken multiple steps to weaken and dismantle Social Security," Fiesta added, highlighting the weakening of the SSA, false fraud claims, and "the massive tax breaks to the wealthy and corporations" under the OBBBA that experts say will hasten the Social Security Trust Fund's insolvency.
The progressive watchdog Accountable.US called Bessent's remarks "a shocking confession."
"Despite their repeated claims they wanted to protect Social Security, the Trump administration said the quiet part out loud: The Big Ugly Betrayal is a backdoor way to privatize Social Security," Accountable.US executive director Tony Carrk said in a statement.
"Once again the administration is risking the financial security of millions of Americans in order to protect a system rigged in the favor of big corporations and billionaires," Carrk added.
In another blow to Social Security recipients, the Trump administration is set to implement a new policy next month that is expected to further increase wait times for basic services. As Common Dreams reported Wednesday, starting in mid-August, SSA will no longer allow seniors to use their phones for routine tasks they've been able to perform for decades.
Passing any bill that lets the president "enrich himself from deeper in the shadows is a recipe for American workers getting sold out to the highest bidder," warned the head of Accountable.US.
A new analysis details precisely how a slate of proposed cryptocurrency bills making their way through Congress this week, if passed, will enrich U.S. President Donald Trump and members of his family who are heavily invested in the crypto markets.
Republican leaders in the House of Representatives continued their fight to pass the GOP's cryptocurrency bills on Thursday, despite warnings from Democratic lawmakers and advocacy groups that the legislation would personally benefit Trump.
As right-wing hard-liners on Wednesday thwarted Trump and House Speaker Mike Johnson's (R-La.) effort to advance the trio of bills, the watchdog Accountable.US released an analysis highlighting how the industry-backed package would "bolster Trump's business empire while putting American interests at risk."
The bills that the House is considering during "Crypto Week" are:
The Accountable analysis focuses on the first two bills. The group's executive director, Tony Carrk, said in a statement that "the so-called GENIUS and CLARITY acts ironically do nothing to lift the cloak of mystery and unaccountability that shrouds the Trump family crypto interests around the world, leaving American interests at high risk."
"The president has already demonstrated he'll seemingly take money from anyone, even possible criminal elements and foreign adversaries," he noted. "So to pass a bill that lets Trump... enrich himself from deeper in the shadows is a recipe for American workers getting sold out to the highest bidder. The real clarity we have about this president is he fights to give his billionaire buddies a tax break and profit from his office while betraying the working Americans he claims to represent."
The CLARITY Act would "significantly" limit the regulatory role of the U.S. Securities and Exchange Commission (SEC), "which already has been severely weakened under Trump and has oversight over many Trump crypto products," the analysis details. It would also "put the less robust Commodity Futures Trading Commission (CFTC) 'at the center' of digital asset regulation."
According to Accountable:
A coalition of over 80 groups—including Accountable.US, Americans for Financial Reform, and Demand Progress—wrote to Johnson and House Minority Leader Hakeem Jeffries (D-N.Y.) on Tuesday that the CLARITY Act "creates loopholes or confusing legal questions that crypto and non-crypto firms will exploit in order to evade existing regulatory standards, causing more damage."
"The legislation gives the shady practices and endemic fraud in the crypto industry a government imprimatur without adequate guardrails to protect investors and the financial system and unleashes and rewards the administration's crypto corruption," the coalition warned, urging members of the chamber to vote against the bil.
Meanwhile, the GENIUS Act would let banks and private entities issue stablecoins—which are pegged to the value of existing assets such as the U.S. dollar—with "light oversight" and could "enable corruption, screw over taxpayers, and potentially destabilize the economy," warns Accountable's new report.
The publication points out that the Trump family's WLFI has launched its own "USD1" stablecoin, which was used in a $2 billion transaction between MGX, a fund backed by the United Arab Emirates, and the crypto exchange Binance, "just weeks before the Trump administration dropped a securities case" against Binance and its founder, Changpeng Zhao.
WLFI also announced on social media Wednesday that investors in its token voted to make the crypto tradable on public exchanges. Sludge reported that "the decision could boost the token's price and directly benefit President Trump and his family, who hold billions of the tokens and have already reaped hundreds of millions from its early sales."
Warren, the report notes, has warned that the GENIUS Act would "create a superhighway for Donald Trump's corruption."
They’re calling it the GENIUS Act—but @repmaxinewaters.bsky.social isn’t buying it.She lays it out: Trump’s billionaire donors get richer, 17 million Americans lose health care, and now Congress wants to bless digital money that benefits his inner circle.
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— Accountable.US (@accountable.us) July 17, 2025 at 12:35 PM
After a handful of hard-line Republicans tanked a procedural vote on the crypto package Tuesday, Trump hosted a meeting at the White House and later announced a deal had been reached to pass the legislation.
However, when Wednesday came, "committee chairs pushed back at hard-liners' demands to attach a central bank digital currency ban" to the CLARITY Act, Politico reported. "The impasse kept the House rule vote open for nine hours until GOP leaders finally cut a late-night deal to include a CBDC ban in the National Defense Authorization Act."
Now, Johnson has to juggle the defense and crypto legislation with a Trump rescission package that Senate Republicans passed overnight. As Politico put it: "If something's got to give, watch to see whether all three cryptocurrency bills end up getting a vote this week as planned. One possibility under discussion is passing only the Senate-approved stablecoin bill, which Trump wants to sign as soon as possible, and punting the other votes."
Congressional Democrats are divided on the GOP package, and leadership is not whipping for or against it. Politico obtained a Monday notice from the office of House Minority Whip Katherine Clark (D-Mass.) that, according to the outlet, "sharply criticized both a crypto market structure bill and a Senate stablecoin measure that the lower chamber is slated to vote on, but did not tell members how to vote."
Reps. Angie Craig (D-Minn.), Don Davis (D-N.C.), and Ritchie Torres (D-NY) are original co-sponsors of the CLARITY Act. Craig still wants Democrats to support the legislation, Semafor reported Tuesday, and both Davis and Torres joined Rep. Josh Gottheimer (D-N.J.) in a Monday letter urging their Democratic colleagues to vote for it, arguing that "although this bill is not without its shortcomings and may still be improved, inaction is not a viable option."
More Perfect Union on Tuesday published a report detailing how Davis, Torres, and Gottheimer have collectively taken millions from cryptocurrency industry executives and political groups. Responding to the findings on social media, Sen. Chris Murphy (D-Conn.) said that "it's a terrible bill that basically endorses Trump's massive crypto corruption scheme. Democrats will regret voting for it."
It's not just Trump and his family who could benefit from the bills. A separate Washington Post analysis published Thursday found that "nearly 70 Trump administration officials and nominees held cryptocurrency or investments in blockchain or digital-asset companies at the time of their selection, with stakes ranging from small to more than $120 million."
Financial disclosures analyzed by Accountable.US reveal that the vice president is invested in several defense contractors that have reaped lavish contracts since Trump's return to office.
The Trump administration has given contracts to four defense contractors that Vice President JD Vance has a financial stake in, according to a report by the government watchdog group Accountable.US.
Financial disclosure forms published by the Office of Government Ethics for June 2025 reveal that through at least the end of 2024—the last date at which he was required to disclose his investments—Vance had anywhere from $100,000 to $250,000 invested in Revolution's Rise of the Rest Seed Fund, a Washington, D.C.-based venture capital group he helped to found before taking office.
Rise of the Rest is invested in at least four military contractors that have since received large contracts from the Trump-Vance administration. Two of them received those contracts—worth millions of dollars—within two weeks of Trump beginning his second term.
Hermeus, the maker of hypersonic aircraft, received a contract worth $9.36 million from the Department of Defense in February. Another company, Slingshot Aerospace, has been awarded $1.7 million in contracts from the Air Force. The report notes that Slingshot's tools, which include GPS monitoring technology, have been used in the Israel-Palestine conflict.
The most lucrative company in Vance's portfolio is Anduril, which has received an eye-popping $220 million in government contracts since Trump and Vance took office and seen a 125% increase in its valuation.
It is expected to reap massive new contracts from the so-called "Big Beautiful Bill" that Trump signed into law earlier this month through its creation of expansive new border surveillance technology.
As Sam Biddle reported for The Intercept on Wednesday, the bill includes language that effectively grants Anduril "a monopoly on new surveillance towers for U.S. Customs and Border Protection":
A provision buried in the new mega-legislation stipulates that none of the $6 billion border tech payday can be spent on border towers unless they've been "tested and accepted by [CBP] to deliver autonomous capabilities."…
That reads like a description of Anduril's product—because it might as well be. A CBP spokesperson confirmed to The Intercept that under the new law, Anduril is now the country's only approved border tower vendor.
Anduril is also reportedly one of the main firms in contention for contracts to help build Trump's $175 billion "Golden Dome" security system.
Vance left Revolution in 2020 to start his own venture capital firm, Narya Capital, and two of the companies received investments from his previous firm after his departure. However, Vance directly acknowledged that he had a financial stake in all four of them on a Senate financial disclosure form in 2023, "indicating awareness of the investments," according to Accountable.US.
The Rise of the Rest Seed Fund presents other potential conflicts of interest as well. In addition to its investments in the defense industry, it has also been a major backer of The Bitcoin Company, providing it with more than $2.1 million in seed money in 2022.
Vance himself is a major Bitcoin enthusiast. His disclosures reveal that he personally holds anywhere from $250,000 to $500,000 worth of the cryptocurrency.
During his time in the White House, President Donald Trump has launched initiatives meant to supercharge the cryptocurrency industry, including a "Strategic Bitcoin Reserve," which sent the digital currency's price soaring in March.
Accountability.US executive director Tony Carrk describes Vance's financial entanglements as part of a broader pattern within the Trump administration.
"Vance's background and investments in companies benefiting from Trump government contracts come as no surprise given this administration’s record of benefiting themselves while raising costs and gutting health care for hardworking Americans," he said.
Past reports by the group have highlighted the president's own profiteering from cryptocurrency and other financial ventures. And last month, an investigation revealed that Donald Trump, Jr. also stood to profit tremendously from the "Golden Dome" project via his own investments in Anduril and Elon Musk's company SpaceX.
"As much as the Trump administration claims to be draining the swamp, their conflicts of interest, self-enrichment, and ties to special interests show they are creatures of it," said Caark. "Vice President JD Vance is no exception."
In a ruling that stems from the president's birthright citizenship order, the "conservative supermajority just took away lower courts' single most powerful tool for reining in the Trump administration's lawless excesses."
The U.S. Supreme Court issued a flurry of decisions Friday morning, including a ruling related to U.S. President Donald Trump's attack on birthright citizenship that led legal experts, elected Democrats, immigrants, and rights advocates to warn—as MoveOn Civic Action spokesperson Britt Jacovich put it—that the justices "just made it easier for Trump to take away your rights."
Three different federal judges had granted nationwide injunctions blocking Trump's effort to end birthright citizenship with an executive order that Cody Wofsy, deputy director of the ACLU Immigrants' Rights Project, described as "blatantly illegal and cruel." Rather than considering the constitutionality of the president's order, the justices examined the relief provided by lower courts.
"The Supreme Court has green-lighted Trump to run roughshod over a critical constitutional right. This is not a slide into authoritarianism—this is a one-way plummet."
In Friday's 6-3 ruling for Trump v. CASA, the right-wing justices held that "universal injunctions likely exceed the equitable authority that Congress has given to federal courts," with Justice Amy Coney Barrett, a Trump appointee, delivering the majority opinion.
"The Supreme Court's conservative supermajority just took away lower courts' single most powerful tool for reining in the Trump administration's lawless excesses," wrote Slate's Mark Joseph Stern. "I understand there is some debate about the scope of this ruling, but my view remains that the Supreme Court has just effectively abolished universal injunctions, at least as we know them. The question now is really whether lower courts can craft something to replace them that still sweeps widely."
"Trump's Justice Department is about to file a motion in every lower court where it faces a universal injunction citing this case and arguing that the injunction must be narrowed," the journalist explained. "This will have huge downstream consequences for a ton of other extraordinarily important and controversial cases."
Justice Sonia Sotomayor penned a dissent, joined by the other two liberals, and Justice Ketanji Brown Jackson also wrote her own. Many other critics of the high court's majority decision echoed their warnings about the expected consequences of the ruling.
"The Supreme Court has green-lighted Trump to run roughshod over a critical constitutional right. This is not a slide into authoritarianism—this is a one-way plummet," said Analilia Mejia and DaMareo Cooper, co-executive directors of the grassroots coalition Popular Democracy, in a Friday statement.
"This ruling takes away the power of lower courts to block unconstitutional moves from the government on a federal level— allowing the government to act with impunity and apply law inconsistently across the country," they stressed. "As Justice Sotomayor wrote, 'No right is safe in the new legal regime this court creates.'"
Congresswoman Delia Ramirez (D-Ill.), the daughter of Guatemalan immigrants and a citizen by birthright, said Friday that "I agree, Judge Sotomayor, no right is safe under the new regime, not even the ones clearly guaranteed under our Constitution."
"For more than 100 years, the 14th Amendment has reaffirmed that all people born in the U.S. are U.S. citizens, with equal rights under the law. It has been and is the law of the land, consistently upheld by courts and scholars across the political spectrum," she noted. "But in limiting nationwide injunctions, Trump's loyalists have decided to—once again—put him above the rule of law, our Constitution, and the principles of our nation."
Caroline Ciccone, president of the watchdog Accountable.US, highlighted that same line from Sotomayor and also explained that "results like this are the result of a yearslong takeover by Trump and special interest allies to capture the courts and install conservative majorities that help him advance an extreme ideological agenda."
"Let's be clear: The Trump administration appealed this case to undermine the power of federal judges, rather than address his blatantly unconstitutional executive order seeking to end birthright citizenship," Ciccone said.
Brett Edkins, managing director of policy and political affairs at the progressive advocacy group Stand Up America, said that "as Justice Jackson notes, 'The court's decision to permit the executive to violate the Constitution with respect to anyone who has not yet sued is an existential threat to the rule of law.'"
"Today, six justices on the Supreme Court eliminated one of the most effective checks on Donald Trump, clearing a path for him to impose his extreme, anti-democratic agenda on any American who can't afford a lawyer or doesn't join the game of litigation Whac-A-Mole now required to protect their basic rights," he added. "This ruling should send a chill down every American's spine."
Congressional Progressive Caucus Chair Greg Casar (D-Texas) also described the decision as chilling and argued on social media that "the Supreme Court is declaring open season on all our rights."
U.S. Sen. Alex Padilla (D-Calif.), ranking member of the Senate Judiciary Immigration Subcommittee, called out the high court for failing "every American," and said that "we must heed Justice Jackson's warning," citing that same line from her dissent.
Maggie Jo Buchanan, interim executive director of the group Demand Justice, pointed to another line, agreeing that "as Justice Jackson wrote in her dissent, the court has created an 'existential threat' to the rule of law and the system of checks and balances upon which our nation was founded."
"The same six justices who gave Trump king-like immunity for criminal acts have now limited the ability of the judicial branch to protect everyday Americans from unconstitutional or illegal executive overreach," she said, referring to a decision issued a year ago. "Just as Republican leaders in Congress duck their heads and carry out Trump's bidding, the Republican appointees on the court do so as well."
Senate Minority Leader Chuck Schumer (D-N.Y.) also took aim at both his GOP colleagues and the justices, saying that "the Supreme Court's decision to limit courts of their long-held authority to block illegal executive actions is an unprecedented and terrifying step toward authoritarianism, a grave danger to our democracy, and a predictable move from this extremist MAGA court."
"Congressional Republicans have to choose between being bystanders or co-conspirators," Schumer added, urging them to challenge Trump. "Congress must check this unimpeded power, but for that to happen, Republican members must stand up for core American democratic values and not for unchecked presidential power of the kind that our Founders most deeply feared."
In addition to sounding the alarm about what the high court's decision means for all future legal battles, critics noted that although the justices didn't weigh in on Trump's birthright citizenship order, it could soon start to impact families nationwide.
"The administration's attempt to deny citizenship to many children born in the United States is unquestionably unconstitutional, and nothing in today's Supreme Court opinion suggests otherwise. Yet, the court has nonetheless created a real risk that the administration's unconstitutional order will go into effect in many parts of the country in 30 days," said Sam Spital, associate director-counsel at the Legal Defense Fund (LDF), vowing to continue the fight against the order.
FWD.us president Todd Schulte pointed out that with its new ruling, "the Supreme Court has opened the door to a fractured system in which a child born in one state is recognized as a citizen, but a child born in another is not."
"If the president's order is allowed to go into effect by the lower courts, there will be immediate chaos for parents, hospitals, and local officials, and long-term harm for families and communities across the country," he warned.
Juana, a pregnant mother, CASA member, and named plaintiff in a lawsuit over the order, said Friday that "I'm heartbroken that the Supreme Court chose to limit protections instead of standing firmly for all families like mine."
"Every child born here deserves the same rights, no matter who their parents are," Juana declared. "I joined this lawsuit not just for my baby, but for every child who deserves to be recognized as fully American from their first breath. We won't stop fighting until that promise is real for everyone."
Shortly after the ruling, organizations including the ACLU, Democracy Defenders Fund, and LDF filed a class action lawsuit on behalf of a proposed class of babies subject to Trump's executive order and their parents.
"The Constitution guarantees birthright citizenship, and no procedural ruling will stop us from fighting to uphold that promise," said Tianna Mays, legal director for Democracy Defenders Fund. "Our plaintiffs, and millions of families across this country, deserve clarity, stability, and justice. We look forward to making our case in court again."