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deregulation
Trump Joins the War on Cancer... on the Side of Cancer
Nothing can compare to the scale and breadth of Trump 2.0’s across-the-board evisceration of every part of the government that helps with cancer prevention and treatment.
Apr 23, 2026
Last week marked one year of me being cancer free. I’ve shared parts of the story of my excruciating recovery on a couple occasions. Still, it’s been truly surreal to embark on this journey back to health while being inundated with report after report of Trump administration policies that seem intent on increasing the suffering caused by cancer. Where normal governments seek to protect people through research, medical innovation, and funding for early treatment and prevention, this administration has slashed research into cancer, cut funding for medical care, and moved to relax standards on how much exposure to carcinogens companies are allowed to inflict on surrounding communities. This is, in short, a pro-cancer government.
Every administration has been guilty of taking actions that jeopardized public health, but there is simply nothing that can compare to the scale and breadth of Trump 2.0’s across-the-board evisceration of every part of the government that helps with cancer prevention and treatment. For half a century, the United States waged a War on Cancer. Since January 2025, it has instead waged war on cancer’s victims.
Cutting Cancer Research
The most obvious part of the Trump administration’s war on cancer patients is the frontal assault on research seeking to develop new screenings, treatments, and, hopefully, cures for an array of cancers.
On January 21, 2025, his first full day back in office, President Donald Trump imposed a bevy of restrictions on the National Institutes of Health (NIH), including functionally freezing external communications, grant review, and employee travel. By executive fiat, Trump and his right hand man-domestic policy puppet master Russell Vought delayed the disbursement of the NIH’s $47 billion in research funds, including $7 billion under the aegis of the National Cancer Institute (NCI). This consequently forced a pause on the review and approval of new clinical oncology trials. At the end of his second week in office, Trump mandated an instant 15% cap on NIH grant overhead, effectively demanding that the agency spend $4 billion less than planned. After freezing funding until the start of February, the NIH then began ruthlessly, frequently illegally (according to multiple federal court decisions) terminating grants; more than 1,800 were ended between February and June. And while courts have restored many of the improperly terminated grants, there’s a lot less recourse for new grants that are not being issued, leaving many research labs across the country, “running on fumes,” as The Washington Post described it. According to the Post’s analysis, NIH grants this year have fallen by over 50%.
The current suits in the White House would like you to believe the idea of a moonshot to treat cancer and the usage of words like “woman” in scientific research is more controversial than the erosion of decades of medical research and mass defunding of investment in curing one of the most omnipresent diseases in human history.
From the start of this term, the administration has also censored the production and dissemination of federal health research from agencies like the Centers for Disease Control and Prevention (CDC) and the NIH. This includes illegally scrubbing swathes of publicly available data and web resources and requiring approval from the administration for CDC scientists to publish in external journals. The CDC mandated that no research publication was to use a list of supposedly “DEI” terms, including “LGBTQ” and “biologically female.” In other instances, any inclusion of the word “race,” “gender,” “sex,” “pregnancy,” or even “woman” was grounds for censorship. The result has been a chilling of important investigations that impact how we treat cancer; the type of tumor I had (called a carcinoid) occurs most often in older women.
The CDC, though, would not let a researcher publish that last sentence, if it had its way.
On April 1 2025, four NIH institute directors and another acting director were placed on leave. By late April, the chaos of a rampaging DOGE and mass layoffs had already forced out at least 2,500 staff (more than 10% of the agency’s 20,000 headcount) including two dozen of the 320 in-house research physicians at the NIH Clinical Center. After some of the internal administration restrictions were eased, researchers were still dealing with massive backlogs for basic lab equipment. That May, the administration sent a stop work order to the SMART IRB system, an NIH-funded initiative that streamlined institutional review board approval for clinical trials used by more than 1,300 institutions. A career researcher at NIH told Science that “however bad everyone on the outside thinks it is, it is a million times worse.”
All in all, the NIH has seen a proposed 44% funding cut, with the NCI facing a 37% cut. And it isn’t just NIH; there have been major reductions in cancer research funding from the Department of Defense and the Department of Veterans Affairs as well. A $1.5 billion Pentagon-directed health research grant fund, about half of which was devoted for cancer research, was slashed by 57%; funding for kidney, pancreatic, and lung cancer were zeroed out. At the VA, DOGE deployed an inaccurate data tool that terminated numerous grants, including one gene sequencing device that was being used to research cancer treatments.
According to STAT, the term “Cancer Moonshot” is now considered “controversial” at NIH, presumably because it was a Biden initiative. It’s difficult to imagine a more appropriate encapsulation of our ongoing reality: The current suits in the White House would like you to believe the idea of a moonshot to treat cancer and the usage of words like “woman” in scientific research is more controversial than the erosion of decades of medical research and mass defunding of investment in curing one of the most omnipresent diseases in human history.
Cuts, Not Cures
The war on cancer patients extends far beyond the scientific agencies. A number of agencies are also rolling back environmental and workplace safety regulations that protect us from cancer.
The Environmental Protection Agency (EPA) alone is rolling back limits on a range of carcinogens including formaldehyde, air pollution, greenhouse gas emissions (which include formaldehyde, nitrogen oxide, arsenic, sulfur, and other carcinogenic compounds), asbestos, per- and polyfluoroalkyl substances (also called PFAS or forever chemicals), and vinyl chloride. In a triumphant press release, the Trump EPA celebrated its moves to deregulate a host of chemicals, including dangerous air particulate (called PM 2.5), coal ash, and oil and gas wastewater, all of which are carcinogenic. The EPA also recertified Monsanto’s weedkiller Dicamba, which has been linked to higher risk of liver cancer and leukemia (and also banned twice by federal courts already). One of the chemical industry alums tapped to lead the Office of Chemical Safety and Pollution Prevention, Nancy Beck, is known for pushing for the rollback of bans on carcinogenic solvents. To top it all off, the agency is also down 25% of its staff, so it would be poorly positioned to enforce what standards survive the regulation purge.
Elsewhere, Health and Human Services Secretary Robert F. Kennedy Jr. has decimated the National Institute for Occupational Safety and Health (NIOSH), terminating 85% of its workforce. NIOSH conducted research on how exposure to dangerous chemicals impacted workers’ health, including studying cancer risk among miners and firefighters. The database tracking cancer in firefighters ended enrollment. NIOSH was instrumental in identifying now iconic toxic substances, including carcinogens like asbestos and ethylene oxide, and helping to develop federal workplace safety rules based on those findings.
Even students are being readily placed in harm’s way; the administration’s attack on clean energy programs has blocked school districts’ efforts to replace their diesel buses, and their cancer-causing exhaust, with electric ones. The Department of Interior has announced its intent to bring back the glory days of coal mining, despite coal exhaust spewing toxic air pollutants. To this end, the administration is exempting coal-fired power plants from upgraded air quality regulations. The administration has exempted around 100 industrial sites from Biden-era regulation of cancer-causing air pollutants.
Cartoonish Cruelty
Those are just two fronts in the federal government’s deeply disturbing war on cancer victims. Some 2 million Americans get cancer every year, with more than 600,000 dying from the disease. Thousands upon thousands more will be driven into both of those camps, from all of the policies I’ve mentioned and many, many more. Cuts to the Mine Safety and Health Administration and the Occupational Safety and Health Administration, the Food and Drug Administration’s Food Inspection Service, and the National Oceanic and Atmospheric Administration, which runs an air quality evaluation program that helps to apprise Americans of how safe it is to be outdoors for extended periods, leave all of us more in danger of facing cancer. Medicaid and Medicare cuts, the gutting of consumer protection bodies, and the revolving door with Big Pharma mean that we’ll pay more if we do.
Against this backdrop, the Trump administration sought to burnish its nonexistent cancer-busting image by announcing a $50 million initiative to deploy AI to fight pediatric cancer. The big shiny figure is really a drop in the bucket in terms of impact. Worse, its part and parcel of the White House’s naked embrace of the AI-hype that is driving an industrial buildout that itself causes cancer.
The only logical conclusion to glean from the simultaneous destruction of cancer research, ripping up of the rules and agencies that protect us from it, and willful zeal for fossil fuels (often wrapped up with AI-mania via the data center build out) and exempting them from air quality oversight is that this is a pro-cancer administration. They admitted as much when news broke before Trump was even inaugurated that his EPA would no longer tally the human cost of air pollution.
Whether it’s counted or not, though, it is there. The type of cancer I had is a “mild” one; I still lost a lung, had a vocal cord paralyzed, spent months barely able to get through a day, and still get winded easily. The official position of the US government appears to be that more people should have to endure that.
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Trump's Great Talent: Breaking Many Things at Once
Let’s call what the Trump administration is doing “multitrashing”: destroying things on multiple fronts, like a bull in a shopping mall full of fragile wares.
Mar 27, 2026
Maybe you’re reading this article while listening to a podcast. Or you’re participating in a dull Zoom meeting. Or you’re talking on the phone with a relative.
Maybe you’ve just read the first three lines of this article three times without really registering them because your attention is absorbed elsewhere.
You’re not alone.
The modern age, with its multiple demands on a person’s time, seems to require multitasking. It’s not the kind of activity you read about in the classics. Surely that fellow who ran from the battlefield of Marathon to Athens in 490 BC didn’t carry along a couple papyrus scrolls to read along the way. Leonardo da Vinci didn’t paint Mona Lisa’s smile, stop to conduct a scientific experiment on gravity, and simultaneously jot down his thoughts on anatomy, going back and forth among those activities like a whirling dervish.
Trump has been released in the FAO Schwarz of military toy stores, and he wants to use all the gadgets. This time around, the generals aren’t holding him in check.
Though it promises greater productivity, multitasking is not a wondrous invention. Shifting between tasks, according to a number of psychological studies, actually reduces productivity and generates more errors. The result can be banal, as in, “I’m sorry, could you repeat what you just said to me?” Or it can be fatal, as in the thousands of deaths caused by drivers looking at their phones.
It’s hard to imagine President Donald Trump multitasking, unless you count sleeping during cabinet meetings, lying and walking at the same time, or eating Whoppers while dispersing them on social media. And yet, his administration has been extremely effective its first year doing multiple things at the same time, if you define “effective” in terms of lives lost, reputations ruined, and institutions destroyed.
Don’t mistake all this destruction for multitasking. The effort to keep all the spinning plates aloft is something pursued, however spuriously, in the service of greater productivity. Instead, let’s call what the Trump administration is doing “multitrashing.” Imagine a bully that pushes the magician out of the way so that all the plates come crashing to the ground. Now multiply that a thousand-fold. Trump and his cohort are busy destroying things on multiple fronts, like a bull in a shopping mall full of fragile wares.
Just look at what the Trump team has done to the federal government: programs gutted, agencies disbanded, regulatory frameworks diluted to the point of disappearance. Just look at the destruction of science funding, the rollback of civil rights, the wrenching apart of immigrant families. Trump has approached domestic policy as if it were an axis of resistance—Bureaucrats, Academics, the Woke, and the Undocumented—that requires a multifront war of assault and attrition.
Let’s face it: The frog of America is not in a pot of water coming to a slow boil. The frog of America is in the middle of a pile of rapidly accumulating rubble. What the poor frog can’t perceive is how high and how wide this pile of rubble actually stretches. The frog thinks: Maybe it’s not a lot of damage and I can soon jump my way clear. Poor, deluded frog.
If multitrashing has been so egregiously successful at home, it pales in comparison with Trump’s actions in the international arena. The trash-talking and trash-acting president has discovered, in his second term, that the US military arsenal is not just for deterrent purposes. Trump has been released in the FAO Schwarz of military toy stores, and he wants to use all the gadgets. This time around, the generals aren’t holding him in check.
The itinerary of destruction so far this term has involved the US military in Venezuela, Nigeria, Iraq, Yemen, Somalia, and Syria, along with two excursions to Iran. It’s been only a year, but what a long, strange, vindictive trip it’s been.
The Iran War
The Iranian government still stands. This is remarkable given the sheer amount of money and firepower the United States and Israel have devoted to toppling it. If Trump had focused on one task, rather than being engaged in multitrashing, he might have at least avoided some of the worst consequences of this war. Convinced of an easy victory, he did nothing to shockproof the US economy by, for instance, arranging for naval escorts in the Strait of Hormuz.
Russian President Vladimir Putin, for all his similar hubris, nevertheless prepared the Russian economy for the expected sanctions after his full-scaled invasion of Ukraine. Trump, by contrast, is the Alfred E. Neuman of presidents: “What, me worry?”
Other presidents have been vengeful, violent, imperialist. But their destructive campaigns were usually in the serve of constructing something.
Iran, meanwhile, is focused on one thing: regime survival. It has caused destruction in turn, in multiple locations, but this has all served the purpose of increasing the pain for Israel and the United States. Closing down the Strait of Hormuz, bombing energy infrastructure throughout the Gulf, selecting hardliners to lead the new government: Iran wants not just to force a ceasefire but to win concessions such as a reduction in sanctions.
Trump, frustrated by a conflict that exceeds his attention span, has moved onto other tasks, like assisting drug operations in Ecuador, threatening NATO countries, and pursuing regime change in Cuba. There is method in his madness. All of this furious activity keeps Trump in the news cycle and in the hearts of his supporters. It keeps Congress out of the loop and adversaries (as well as putative friends) guessing.
Most importantly, it keeps potential successes rather than obvious ongoing failures in the public eye.
The Ultimate End
Other presidents have been vengeful, violent, imperialist. But their destructive campaigns were usually in the serve of constructing something. George W. Bush imagined a new democratic order in the Middle East. Richard Nixon dreamed of an anti-communist bloc in Southeast Asia. Most presidents from Teddy Roosevelt on have attempted to position the United States as the world’s policeman atop a rules-based order that disproportionately benefits America.
In a recent New Yorker piece, Daniel Immerwahr notes that Trump has “liberated himself from the burdens of empire.” Ironically, horribly, this disburdening has freed the president to destroy at will.
Indeed, it seems that Trump is multitrashing for the sheer malicious joy of it. He didn’t build something new in Venezuela, simply destroyed his rival. He is planning something comparable for Cuba. As for Iran, he is not even sure what constitutes victory, other than a display of epic fury.
Multitrashing is the opposite of bureaucracy. It destroys without a thought to order, efficiency, results, consequences. Only the strong can survive the harrowing process of such destruction.
As in his domestic campaigns, Trump is up against what he imagines to be a global axis of resistance: the United Nations, all Europeans to the left of Nigel Farage, any rival autocrat who refuses to bend a knee. The international order is the creation of his hated liberals, so it too must go. He has absolutely no idea of what to replace the rules-based system with other than, perhaps, a reality TV show in which countries must submit to humiliating tasks while a single judge, Trump, decides who rises and who falls.
It is the nature of bureaucracy to break a task down to its smallest components, like a Ford assembly line, in order to produce things more efficiently. It is, in theory, a process of focus. In practice, as anyone who has had to deal with the Department of Motor Vehicles knows, bureaucracy is diffuse and unfocused. But again, in its way, bureaucracy has been created to keep a modern society functioning. It is the skeleton of order that keeps everything in place.
Multitrashing is the opposite of bureaucracy. It destroys without a thought to order, efficiency, results, consequences. Only the strong can survive the harrowing process of such destruction. Billionaires thrive in Trump’s America; superpowers dominate in TrumpWorld. Meanwhile, in a rage room of his own devising, Trump continues to flit from one activity to another, using a sledgehammer to destroy computers, a chain saw to cut through furniture, a howitzer to blow up heavy machinery.
It is theater of a sort, and Trump delights in performing on the world stage. But it’s not kabuki. It’s a visceral one-man show that reveals the sickening highs and lows of this new theater of cruelty.
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Stop Tyrant Trump's Lawless Attack on the Regulations Keeping Us Safe
Trump deserves Impeachment and Removal from Office. Congress should act now, before more Americans die, get sick, or are injured from the destruction of long-established, critical protections.
Feb 21, 2026
“Deregulation” is an antiseptic word loved by the giant corporations that rule the people. In reality, health and safety “deregulation” spells death, injury, and disease for the American people of all ages and backgrounds. This is especially so with the deranged dictates from the Tyrant Trump, who is happily beholden to his corporate paymasters, who are making him richer by the day.
President Donald Trump’s mindless deregulation mania got underway in January 2025 with his illegal shutting down of the US Agency for International Development (USAID), which has saved lives in poor countries—by providing food, water, medicine, etc.—for a pittance. USAID spends less in a year than the Pentagon spends in a week. International aid groups predict that the ongoing cuts could lead to 9.4 million preventable deaths occurring in poor countries by 2030 unless the vicious and cruel, unlawful Trumpian shutdown is reversed.
It turns out Trump was just warming up for his illegal violence against innocent American families in both blue and red states. He has abolished requirements for the auto industry to limit its emissions and maintain fuel efficiencies. The result: more disease-bearing gases and particulates into the lungs of Americans, including the most vulnerable—children and people suffering from respiratory diseases.
Trump wants to roll back the regulations that would require auto company fleets to average 50 miles per gallon by 2031. In 2024, the US Department of Transportation’s National Highway Traffic Safety Administration said its proposed vehicle fuel economy standards would save Americans more than $23 billion in fuel costs while reducing pollution.
Rather than faithfully execute federal laws, and ensure the well-being of the people, Dictator Donald is using his position and time in the White House to enrich himself and to get his name on anything he can get away with.
Month after month, Trump is illegally reducing or shutting down lifesaving programs without the required congressional approval. One of his major targets is the US Environmental Protection Agency (EPA). This month, his puppet EPA head, Lee Zeldin, celebrated the elimination of lethal greenhouse gases from the EPA’s regulatory controls. Zeldin and Trump are in effect telling Americans, “Let them breathe toxic air.” Plus, more climate catastrophes.
Smothering wind and solar projects while boosting the omnicidal polluting oil, gas, and coal production is another way Trump is exposing people to sickening gases and particulates. A corporate cynic once joked, “No problem, you can always refuse to inhale.”
Trump’s treachery toward coal miners, whom he praises, is shocking. He cut the funds for free testing of coal miners’ lungs, often afflicted with the deadly black lung diseases that have taken hundreds of thousands of coal miners’ lives over the past century and a half. We worked to pass the Federal Coal Mine Health and Safety Act of 1969, to control the levels of coal dust causing this disease, but Trump is unraveling it by cutting law enforcement. The Trump administration says it is “reconsidering” the long-awaited proposed silica control regulations. More unnecessary delay. In 2024, Politico reported that “Mine Safety and Health Administration projects that the final rule will avert up to 1,067 deaths and 3,746 silica-related illnesses.”
In his mass firings of federal civil servants, Trump has included the ranks of federal safety inspectors for meat and poultry plants (USDA), for occupational health and safety (OSHA), and specialized areas like you would never imagine—such as nuclear security. Tyrant Trump worsened the potential danger for workers and communities by firing most of the inspectors general—again illegally—who are the powerful watchdogs over federal departments and agencies. Many inspector general positions are still vacant.
In terms of short and long-run perils, Trump’s attacks on scientific research and discovery to reduce or prevent diseases would be enough to give him the grisly record for knowingly letting Americans die. The assault on vaccines, including for contagious diseases, is staggering, led by RFK, Jr., the secretary of Health and Human Services.
RFK, Jr. becomes more extreme by the day. His actions go way beyond any legitimate skepticism of the drug companies. He is going along with officials in states like Florida who are about to ban children’s vaccine mandates, even for polio, measles, and whooping cough. He has severely slashed, without congressional authority, budgets for basic and applied science programs underway at universities and other public institutions. His salvos are resulting in the reduction of families getting their children vaccinated, who, if contagious, could infect their classmates. The so-called powerful medical societies have not risen to their optimal level of resistance to what is fast coming, a green light for epidemics—starting with the resurgence of measles now underway in places like South Carolina.
The crazed Menace-in-Chief wanted to abolish the Federal Emergency Management Agency (FEMA) and its rescue responses to hyper-hurricanes, floods, and giant wildfires. He recklessly says the states can handle the carnage from such disasters. The real reason is that he doesn’t want to be held responsible for failing to properly respond to such disasters. Remember the criticism of George W. Bush’s response to Katrina?
Again, with Trump, it is all about him, feeding his insatiable MONSTROUS EGO, rather than saving American lives. Recently, tragic events have forced him to reconsider. He is bringing back some of the experts and rescuers he fired from FEMA earlier last year.
Rather than faithfully execute federal laws, and ensure the well-being of the people, Dictator Donald is using his position and time in the White House to enrich himself and to get his name on anything he can get away with—the John F. Kennedy Center for the Performing Arts, the US Institute of Peace, the US Treasury Department’s relief checks during Covid-19, the federal investment accounts, special visas, and a discount drug program. (See the February 16, 2026, article in the New York Times by Peter Baker titled, A Superman, Jedi and Pope).
Chronically lying; threatening violence against his opponents and people abroad; slandering anyone he feels like via the compliant mass media, including journalists and editors; and generally wrecking America as a serial law violator, Trump deserves to be told, “YOU’RE FIRED.” (This was his favorite TV show catchphrase). Trump deserves Impeachment and Removal from Office. Congress should act now, before more Americans die, get sick, or are injured from the destruction of long-established, critical protections under both Republican and Democratic administrations.
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'Patently False': Trump Official Blasted Over Claim That CFTC Has Power to Oversee Prediction Markets
The Trump family stands to make big money from the total deregulation of “prediction markets.” A key official now claims they can only be overseen by a federal agency in bed with industry CEOs.
Feb 20, 2026
As President Donald Trump plans to profit from his own "prediction" betting app, his administration is claiming that sole regulatory oversight of the burgeoning gambling industry belongs to an agency advised by executives from the multibillion-dollar betting companies themselves. Critics say it's totally illegal.
On Tuesday, Mike Selig, the chair of the Commodities Futures Trading Commission (CFTC), announced that the agency had filed a brief attempting to fight "an onslaught of state-led litigation" against companies like Polymarket, Kalshi, Crypto.com, and other apps.
States have alleged that these apps—which allow users to earn money by making accurate predictions on sports and other events—should be regulated similarly to gambling apps, which are subject to licensing requirements, age restrictions, and tax obligations.
But the brief filed by Selig asserts that the CFTC, which has much looser regulations, has "exclusive jurisdiction" over the prediction apps, which he referred to as "derivatives markets"—a term for venues where people trade financial contracts backed by stocks, bonds, or commodities.
"American prediction markets aren’t new. They have been regulated by the CFTC for more than two decades and serve legitimate economic purposes," he said. "These markets have changed the way people consume news, monitor events, [and] engage in politics, and can be more accurate than competing products."
"Congress gave the CFTC comprehensive authority over any contract based on a commodity, and the legal definition of a commodity is very broad," he continued.
Being regulated by CFTC is an obvious boon to the betting companies, because it essentially means they'll be regulating themselves.
As The Lever noted, Selig's statement came just days after he'd "recruited top executives from those same companies—including leaders from Polymarket, Kalshi, Crypto.com, DraftKings, and FanDuel—to help advise regulators on how to 'develop clear rules of the road for the Golden Age of American financial markets.'"
It's not merely a corporate giveaway, but also an apparent act of brazen self-dealing for the Trump family, whose media company just months ago partnered with Crypto.com to launch its own prediction platform called "Truth Predict."
It just so happens that Crypto.com's parent company also donated $30 million to Trump's super PAC in 2025. Meanwhile, Donald Trump Jr. is an investor and unpaid adviser to Polymarket and a paid adviser to Kalshi.
Prediction betting apps, which allow users to make money predicting political events, have faced accusations of insider trading from those who may have foreknowledge of the Trump administration's activities.
In January, a user created a new account and bet $32,000 that Venezuelan President Nicolás Maduro would be out of power by the end of the month. Within hours, Trump had launched an operation to kidnap the president, netting the user a $436,000 payday.
Just days later, White House press secretary Karoline Leavitt drew suspicion when she abruptly looked up at the clock and ended a press conference just seconds before a Kalshi bet marked it to conclude, which allowed those who bet it would not go over time to win 50 times what they'd wagered. The White House denied any insider trading, calling it "100% Fake News."
While prediction markets have become the toast of the Trump administration, the push for near-total deregulation has even some Republicans worried.
Senate Agriculture Chair John Boozman (R-Ark.), whose committee oversees the CFTC, said on Wednesday that he'd be speaking with Selig about his announcement.
“This is an area that just caught fire. I don’t think anybody expected it to grow at the rate that it has,” Boozman said. “But there is concern; it’s the Wild West. There’s not much regulation.”
Democrats, meanwhile, argued that Selig was asserting authority that didn't exist.
"This is patently false," wrote Sen. Chris Murphy (D-Conn.) in a response to Selig's announcement on social media. "Congress has not given the exclusive power to the CFTC to regulate prediction markets. He just made this up out of thin air because the gambling companies that back Trump wanted him to."
Sen. Elizabeth Warren (D-Mass.) added that "Trump’s CFTC chair is trying to strip states of their authority to regulate gambling within their borders and hamstring their ability to protect Americans from getting ripped off."
Some states are still pushing ahead as usual. In an act of defiance to the administration, the same day as Selig's announcement, gaming regulators in Nevada appeared to thumb their nose at the CFTC by filing a lawsuit seeking to block Kalshi from operating sports betting in the state.
“Its continued operation harms the state and the public every day and poses an existential threat to the state’s gaming industry,” Jessica Whalen, chief deputy solicitor general for the attorney general’s office, wrote in the filing. “Kalshi has continued to dramatically expand its business, rather than attempting to maintain any kind of status quo.”
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Corporate Polluters Running Rampant Under Trump as EPA Enforcement 'Dying a Quick Death'
“Administrator Zeldin is removing all incentives for big polluters to follow the law and turning a blind eye to those who suffer from the impacts of pollution.”
Jan 22, 2026
The Trump administration settled just 15 of the illegal pollution cases referred by the US Environmental Protection Agency in the first year of President Donald Trump's second term in the White House, according to data compiled by a government watchdog—the latest evidence that Trump officials are placing corporate profits above the EPA's mission to "protect human health and the environment."
In the report, The Collapse of Environmental Enforcement Under Trump's EPA, Public Employees for Environmental Responsibility (PEER) noted Thursday that in the first year of former President Joe Biden's administration, 71 cases referred by the EPA were prosecuted by the US Department of Justice (DOJ).
“Under [EPA Administrator] Lee Zeldin, anti-pollution enforcement is dying a quick death,” said Tim Whitehouse, executive director of PEER and a former enforcement attorney at EPA.
The DOJ lodged just one environmental consent decree in a case regarding a statutory violation of the Clean Air Act from the day Trump was inaugurated just over a year ago until now—signaling that the agency "virtually stopped enforcing" the landmark law that regulates air pollution.
"Enforcing the Clean Air Act means going after violators within the oil, gas, petrochemical, coal, and motor vehicle industries that account for most air pollution," reads the report. "But these White House favorites will be shielded from any serious enforcement, at least, while Lee Zeldin remains EPA’s administrator."
“For the sake of our health and the environment, Congress and the American people need to push back against Lee Zeldin’s dismantling of EPA’s environmental enforcement program.”
In the first year of his first term, Trump's DOJ settled 26 Clean Air Act cases, even more than the 22 the department prosecuted in Biden's first year.
The report warns that plummeting enforcement actions are likely to contribute to health harms in vulnerable communities located near waterways that are filled with "algae blooms, bacteria, or toxic chemicals" and near energy and chemical industry infrastructure, where people are more likely to suffer asthma attacks and heart disease caused by smog and soot.
“Enforcing environmental laws ensures that polluters are held accountable and prevented from dumping their pollution on others for profit,” said Joanna Citron Day, general counsel for PEER and a former senior counsel at DOJ’s Environmental Enforcement Section. “For the sake of our health and the environment, Congress and the American people need to push back against Lee Zeldin’s dismantling of EPA’s environmental enforcement program.”
EPA's own enforcement and compliance database identifies 2,374 major air pollution sources that have not had a full compliance evaluation in at least five years, and shows that no enforcement action has been taken at more than 400 sources that are marked as a "high priority."
Nearly 900 pollution sources reported to the EPA that they exceeded their wastewater discharge limits at least 50 times in the past two years.
The agency has also repealed its rules limiting carbon pollution from gas-powered cars, arguing that the EPA lacks the authority to regulate carbon.
As public health risks mount, PEER noted, Zeldin is moving forward with plans to stop calculating the health benefits of rules aimed at reducing air pollution, and issued a memo last month detailing a "compliance first" policy emphasizing a "cooperative, industry-friendly approach" to environmental regulation.
“Administrator Zeldin is removing all incentives for big polluters to follow the law," said Whitehouse, "and turning a blind eye to those who suffer from the impacts of pollution.”
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How Billionaires of Conscience Can Use Their Wealth to Take Down Trump
The Super Rich are sitting on trillions of dollars of “dead money.” It only takes a few dozen of them to save the Republic with “live money” comprising a fraction of 1% of their assets.
Dec 31, 2025
There are reportedly about 900 billionaires (probably more) in the US About 5% can be described as enlightened people who know the importance of contributing to organizations that advance justice. They are also appalled by the Trump dictatorship and are not placated simply because he gave them tax cuts, deregulation, and maybe corporate welfare. On their minds is the well-being and freedoms of millions of their fellow Americans, whose lives are being cruelly and viciously wrecked by President Donald Trump, as he destroys the federal civil service.
I’ve talked with some of these very rich people (VRP) and heard them say they want to get engaged, so appalled are they by the lawless, egomaniacal, self-enriching, violent plutocrat Trump and his dump. Trump and COMPANY are only going to get MUCH WORSE. What follows are some suggestions on how the VRPs can get underway.
1. Sponsor a massive day of protest demanding the impeachment or resignation of Tyrant Trump. More will turn out than did the 7 million Americans marching in hundreds of communities under the “No Kings” banner. A growing majority of people already want this to happen.
With skilled management and verification, these marchers can be asked to take out their iPhones and contribute what they can to create strong local groups that resist Trump’s ongoing wreckage of our basic social safety net; our regulatory health, safety, and economic protections; and our voting rights against Trumpian planned interference in the 2026 elections. Even with just an average of a $10 contribution, at least $100 million would be raised on the protest day to give Americans daily organized power to focus on the White House’s outlawry, violent actions, and thievery. People organizing where they live, work, and raise their families is the first step to reclaiming our democracy.
2. Sponsor a group to counter Trump’s shattering of the Internal Revenue Service (IRS), firing thousands of staff responding to calls by middle-class taxpayers, and hundreds of highly skilled accountants and lawyers working on many cases of giant tax evasions by big corporations and the super rich. Many of these cases have been dropped, and the already starved IRS budget was cut sharply by the Trumpsters.
This project can be ably assisted by seven outspoken former IRS directors from both parties who have already testified and written open letters warning that the shoe will heavily drop next year, with tens of billions of uncollected dollars adding to the federal deficit and, worse, longer delays for taxpayers’ inquiries. (See, "More Tax Breaks For the Wealthy" by Jesse Drucker, New York Times, November 10, 2025).
3. Take on the further shredding of our preparedness toward climate violence and “not if, but when” pandemics (see, The Big One: How We Must Prepare for Future Deadly Pandemics by Dr. Michael T. Osterholm and Mark Olshaker). This should be an easy one to organize and fund with advocates by the VRP. Trump is boosting oil, gas, and coal (the sources of omnicidal greenhouse gases) while crazily doing whatever he can to depress or stop commercial solar energy and wind energy projects. The project would have the public health and scientific professions as well as the solar industry behind it.
4. This White House project is bold because the VRP know they would be assailed by Tyrant Trump. But the case against his extortion of companies, law firms, and universities, forcing them to engage in bribery if they comply with his unlawful demands, is powerfully grounded. Trump—the Bully-in-Chief—likes to dish out the slander and libel, calling for the impeachment of any judge ruling against his misrule, and naming other critical law enforcers as “deranged,” “crazy,” “communist,” “crooked,” “low IQ,” and more. A drive to counter these slurs and hurl some back at Trump would drive this thin-skinned Fuhrer to more self-immolating performances, further lowering his dropping polls.
5. A broad-ranging counterforce can cover the largest shutdown of federal agencies and programs in American history. Vastly immobilized from their congressionally mandated missions are the Consumer Financial Protection Bureau (CFPB), the Environmental Protection Agency (EPA), the Department of Education, and the US Agency for International Development. The latter’s illegal abolition is already costing many lives lost overseas, endangering millions of children and adults who are without medicines, food supplements, shelter, and safe drinking water. All kinds of other mandated missions have been cut at the Centers for Disease Control and Prevention, National Institutes of Health, NOAA (weather research and forecasting), US Department of Agriculture, assistance to people with disabilities, Meals on Wheels, Head Start, AmeriCorps, Medicaid, and food programs for tens of millions of Americans, and much more.
6. There are very-rich corporate and plaintiff tort lawyers who could address the slumber of the 50-state Bar Associations and the American Bar Association. They are supposed to be the First Responders to the destruction of the Rule of Law and our Constitution by the Rule of Raw Power criminal attacks by the Trump regime. Recall Trump’s 2019 declaration, “With Article II, I can do whatever I want as President,” which he is exhibiting every day with his brazen, boasting serial violations and blatant racism.
Waking up the legal profession would receive support from both lawyers who see themselves as Republicans or Democrats. They just need jump-start leadership—as the lessons of reformist history demonstrate time and time again. (See our letter to the Bar Associations.)
7. Finally, a prostrate GOP-dominated Congress is facilitating or enabling, contrary to their sworn vows to uphold the Constitution and the faithful execution of the laws, the deepening fascist state driven by the White House’s seizure of authority exclusively given to Congress by our Founding Fathers. This project would activate the grassroots, which has been calling for strong action at Town Meetings nationwide.
The Super Rich are sitting on trillions of dollars of “dead money.” It only takes a few dozen of them to save the Republic with “live money” comprising a fraction of 1% of their assets. Most of them are looking over their shoulder to see who takes the first steps.
Who takes the first steps? Aristotle had the answer over 2,000 years ago. He said, “Courage is the first of human qualities because it is the quality which guarantees the others.”
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Trump Gives Big Tech Friends an Early Christmas Gift With Order Against State AI Regulations
"This reward to Big Tech is a disgraceful invitation to reckless behavior by the world’s largest corporations," said one watchdog group.
Dec 12, 2025
US President Donald Trump on Thursday signed an executive order aimed at preventing state-level regulation of the burgeoning artificial intelligence industry, a gift to tech corporations that bankrolled his inauguration and are currently funding his White House ballroom project.
Trump's order instructs the US Justice Department to establish an AI Litigation Task Force with a single mandate: sue states that enact AI laws that the administration deems "onerous and excessive." The order also threatens to withhold federal funding from states that implement AI regulations.
Public Citizen, a watchdog group that has tracked increasingly aggressive AI influence-peddling in Congress and the administration, said Trump's order "grants his greedy Big Tech buddies’ Christmas wish."
"This reward to Big Tech is a disgraceful invitation to reckless behavior by the world’s largest corporations and a complete override of the federalist principles that Trump and MAGA claim to venerate," said Robert Weissman, Public Citizen's co-president. "Everyone should understand why this is happening: During and since the last election cycle, Big Tech has spent at least $1.1 billion on campaign contributions and lobby expenditures. Big Tech corporations poured money into Trump’s inaugural committee and to pay for his garish White House ballroom. A major Big Tech and AI investor is serving as Trump’s 'AI czar' and driving administration policy."
"While Trump has ensured the federal government is doing almost nothing to address the harms that AI is already causing, states are moving forward with sensible AI regulation," Weissman added. "These include efforts to address political deepfakes, nonconsensual intimate deepfakes, algorithmic pricing manipulation, consumer protection measures, excessive data center electricity and water demand, and much more. Big Tech is whining about these modest measures, but there is zero evidence that these rules are impeding innovation; in fact, they are directing innovation in more positive directions."
Jenna Sherman, a campaign director focused on tech and gender at Ultraviolet Action, said Trump's order "only has one group of winners: his wealthy donors in the tech sector."
"Every other person loses from this wildly unpopular move. And not just in theory, as stripping away state AI regulations puts many—namely, women and children—at risk of real harm," said Sherman. "These harms of AI—which the Trump and the tech sector are clearly happy to ignore—are already here: non-consensual deepfake porn sexualizing women and girls, children being led to suicidal ideation by AI chatbots, and AI-powered scams and crimes targeting older Americans, especially women, to name but a few."
The US Chamber of Commerce and other corporate lobbying organizations representing tech giants such as Microsoft and Google celebrated the order, predictably characterizing it as a win for "small businesses."
The leaders of California and other states that have proposed and finalized AI regulations were defiant in the face of Trump's threats of legal action and funding cuts."
"President Trump and Davis Sacks aren’t making policy—they’re running a con," said California Gov. Gavin Newsom, referring to the scandal-plagued White House AI czar. "Every day, they push the limits to see how far they can take it. California is working on behalf of Americans by building the strongest innovation economy in the nation while implementing commonsense safeguards and leading the way forward."
Trump signed the order after the Republican-controlled Congress repeatedly rejected efforts to tuck a ban on state AI regulations into broader legislation.
"After months of failed lobbying and two defeats in Congress, Big Tech has finally received the return on its ample investment in Donald Trump," Sen. Ed Markey (D-Mass.) said in a statement Thursday. "With this executive order, Trump is delivering exactly what his billionaire benefactors demanded—all at the expense of our kids, our communities, our workers, and our planet."
"A broad, bipartisan coalition in Congress has rejected the AI moratorium again and again," he added, "and I intend to keep that streak going. I will use every tool available to challenge this indefensible and irresponsible power grab. We will defeat it again."
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Hakeem Jeffries Pilloried for Putting Pro-Industry Democrats on AI Policy Task Force, Despite Voter Distrust of Big Tech
"This is the most populist moment of voter rage I've ever seen, and the leading Democrats are absolutely hostile to the idea of doing anything to address Silicon Valley's massive power," said one anti-monopoly expert.
Dec 10, 2025
At a time when the American public, and especially Democratic voters, express overwhelming distrust of artificial intelligence and Big Tech, the top House Democrat is being accused of failing to meet the moment.
On Tuesday, in preparation for an executive order to be signed this week by President Donald Trump, which would seek to block states from implementing new AI regulations, House Minority Leader Hakeem Jeffries (D-NY) unveiled his own effort to cozy up to the industry, whose major players have set aside more than $200 million to push out anti-AI politicians during the 2026 midterms, according to the New York Times.
Jeffries announced the creation of a “House Democratic Commission on AI and the Innovation Economy,” which will “develop policy expertise in partnership with the innovation community, relevant stakeholders, and committees of jurisdiction.”
What immediately caught the eye of critics was the list of fellow Democrats Jeffries picked to serve on the commission. It will be co-chaired by Reps. Ted Lieu (Calif.), Josh Gottheimer (NJ), and Valerie Foushee (NC), with Reps. Zoe Lofgren (Calif.) and Frank Pallone (NJ) serving as ex officio co-chairs.
As Sludge reported Tuesday: "The panel’s leaders rank among the House Democrats with the deepest ties to Big Tech and AI, from holding millions of dollars in tech stock to the contributions they’ve raised for their campaigns and the Republican-backed deregulation bills they've signed onto."
In July, Gottheimer introduced a bill along with Rep. French Hill (R-Ark.) "that would require financial regulators to create 'AI Innovation Labs' where firms could experiment with AI-driven financial products under looser regulations and without the normal threats of enforcement actions."
Gottheimer is also a major stakeholder in Microsoft, which has invested tens of millions of dollars into AI and nearly $7.5 million on lobbying in 2025 so far. Beyond the almost $100,000 in contributions Gottheimer has received from Microsoft, he is also a former executive who received anywhere from $1 million to $5 million last year from his stock holdings in the company, according to financial disclosure forms. He also frequently trades in other AI power players like Amazon, Meta, and Dell.
Lofgren, meanwhile, has accepted more money from the Internet industry over the course of her career than all but one other current House Democrat—including $265,000 from Google, $115,000 from Apple, and $110,000 from Meta, according to data from OpenSecrets.
In September 2024, Lofgren co-sponsored a bill introduced by Rep. Jay Abernolte (R-Calif.) which "would create a federal 'center for AI advancement and reliability' that it would instruct to work closely with private companies and other stakeholders on developing 'voluntary best practices and technical standards for evaluating the reliability, robustness, resilience, security, and safety of artificial intelligence systems.'"
Foushee, a member of the corporate-backed New Democrat Coalition, rode to Congress in 2022 with more than $1 million from the Protect Our Future political action committee, which was backed by former FTX CEO and convicted fraudster Sam Bankman-Fried.
In response to Trump's industry-friendly "AI Action Plan" in July, Foushee and the New Democrats unveiled their own "Innovation Agenda," which called for federal tax credits to companies that "reskill" workers and perform private research and development as well as federal investments in apprenticeships and "labor market data modernization."
Jeffries has neglected to take a position on Trump's proposal to preempt state regulations. Last Monday, he told reporters, "That conversation hasn't been brought to the leadership level yet."
In his statement announcing the Democratic commission on Tuesday, Jeffries said, "It is important that American companies continue to thrive" in the arena of AI, while "at the same time, Congress must consider what policies are needed to prevent bad actors from exploiting this transformative technology and inflicting harm upon the American people." However, he did not specifically mention Trump's pending block on state regulations.
A poll released Friday by the progressive group Demand Progress showed that Americans across the political spectrum are unsettled by AI's influence in Washington: 68% of respondents overall said they were more worried that "the US government will not regulate artificial intelligence enough," as opposed to just 21% who feared too much regulation. While Democrats and independents were somewhat more concerned about underregulation at 71%, Republicans largely shared those fears, with 62% saying they feared the government would not regulate AI enough.
The consensus was even stronger regarding Big Tech's power over AI policy, with 78% of respondents overall saying it had too much influence. This included 81% of Democrats and independents and 74% of Republicans.
With this in mind, many critics were puzzled by Jeffries' decision to stack his AI commission with some of the industry's top allies.
As Aaron Regunberg wrote in the New Republic last month, harnessing anger against the rapid, largely unregulated expansion of expensive, energy-sucking AI data centers was an essential part of Democrats' victories across the board in November's off-year elections:
In New Jersey, Gov.-elect Mikie Sherrill’s closing argument was a pledge to freeze electricity rates, which have soared because of data-center demand.
In Virginia, Gov.-elect Abigail Spanberger won after pledging to make data centers “pay their own way,” and many Democrats went even further.
At least one candidate, John McAuliff, flipped a seat in the House of Delegates by focusing almost entirely on tying his Republican opponent to the “unchecked growth” of data centers, with an ad that asked, “Do you want more of these in your backyard?”
And in Georgia, Democrats won their first nonfederal statewide races in decades, earning 60% of the vote against two Republican members of the Public Service Commission by criticizing Big Tech “sweetheart deals” and campaigning for policies “to ensure that the communities that they’re extracting from” don’t end up with their “water supplies … tapped out or their energy … maxed out.”
"This is the most populist moment of voter rage I've ever seen, and the leading Democrats are absolutely hostile to the idea of doing anything to address Silicon Valley's massive power," said Matt Stoller, an anti-monopoly expert.
Matt Duss, a former adviser to Sen. Bernie Sanders (I-Vt.), added: "Anticorruption is one of the strongest arguments with the broadest appeal in American politics right now, but the Democratic leadership simply refuses to stop tanking it."
Author Zachary D. Carter said: "I have never seen a gulf this wide between Democratic leadership and the party writ large. The top is corrupt, the base is raging against corruption."
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Wall Street’s Deregulation Agenda Will Cost Everyday Americans Everything
The Trump administration has gutted key financial regulators, eliminated services and protections, and eviscerated oversight and enforcement, setting people up for financial harm.
Sep 24, 2025
If Californians have a financial dream these days, it’s probably the modest goal of getting by, paycheck to paycheck. A more ambitious goal may be buying a house or building an emergency savings fund. But to a great degree these days, that dream is going to depend on decisions made by elected officials in Sacramento and Washington DC.
At the Academy of Financial Education, based in Fresno, California, we work with everyday people who are not only trying to get by, but are seeking long-term financial stability for their families. People like Aline, a restaurant consultant in the Bay Area, balancing budgets for her family and her business. Or Sara, who is working to increase her credit score and buy her first house.
A major impediment to their efforts is a financial system whose exploitative products flood their social media, TV, email inbox, and every other marketing channel. Buy now, pay later services are simply predatory loans in disguise, hiding the full cost of fees and charges associated with the service. And cryptocurrency, pitched as the next solution to our income woes, is barreling into our economy with little to no oversight.
Our own financial behaviors are intricately connected to the health and fairness of our financial system. The financial services industry, be it Wall Street or newfangled cryptocurrency peddlers, are using predatory and extractive practices that harm workers, families, and communities with impunity. Under their influence, the Trump administration has gutted key financial regulators, eliminated services and protections, and eviscerated oversight and enforcement, setting people up for financial harm. It is ready to allow cryptocurrency into 401k portfolios, putting secure retirements at risk.
In the seven months since the Trump administration arrived, its actions have cost consumers $18 billion.
The current administration has dismantled the Consumer Financial Protection Bureau (CFPB), one of the best financial advocates we have in the government. Since the start of this administration, CFPB staff have been fired, ordered to stop working on enforcement actions, and drop legal challenges to financial institutions that are causing people harm. Now hamstrung by funding cuts passed by the Republican Congress as well, it is unable to operate properly.
Congress created the CFPB after the 2008 financial crisis, itself a product of negligent financial institutions. Since then, the CFPB has returned $21 billion to 200 million people through its enforcement actions and saved tens of billions more by implementing commonsense safeguards. Safeguards including a cap on overdraft fees, removing medical debt from credit reports, and regulating tech companies providing shiny new financial products. In the seven months since the Trump administration arrived, its actions have cost consumers $18 billion.
A financial marketplace without the CFPB is an open playground for Wall Street, big banks, and tech companies to profit off you and me—without a single guardrail. Companies like Elon Musk’s PayPal, which almost came under supervision by the CFPB until the Republican Congress rolled back that plan.
The newest industry on the block is crypto. Crypto companies claim they provide financial opportunity, flexibility, and freedom, but we know this is a lie. In California alone, crypto scams run rampant enough that the Department of Financial Protection and Innovation (DFPI) has a running list of them. New legislation in the US Senate aims to all but exempt the majority of crypto platforms and digital assets from meaningful oversight. Cryptocurrency is on the verge of becoming an even more predatory and scammy activity.
The losses of financial protection and oversight make it harder for nonprofit organizations like mine, focused on financial empowerment, to help our clients and community with budgeting, credit scores, planning, and more because we do not—cannot—work in a vacuum. Dismantling the CFPB and allowing crypto to run unchecked creates new obstacles, vulnerabilities, and distractions for our clients, disrupting their ability to plan for the future and pursue their goals. They will be more likely to experience financial loss and unnecessary suffering, and they won’t have a government advocate like the CFPB to rely on.
We need our whole government watching out for working people, not big banks and tech companies. Costs continue to rise and new scams plague the financial marketplace—from predatory buy-now-pay-later loans to shady crypto scams. By deregulating our financial system and dismantling critical allies like the CFPB, our elected officials are leaving everyday Americans holding the bag.
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Privatizing Freddie and Fannie Is Another Trump Scheme to Make the Rich Richer
The basic story here is that in order to give donors in the financial industry still more money, Trump is planning to privatize a perfectly well-functioning public system for securitizing mortgages.
Aug 13, 2025
In Washington no bad idea stays dead long. Therefore it should not be surprising that U.S. President Donald Trump is planning to move forward with plans to privatize Fannie Mae and Freddie Mac, the mortgage giants that have been in government conservatorship for almost two decades.
As with many of the moves undertaken by Trump, it is not clear what problem this is meant to solve. For the period they have been in conservatorship, Fannie and Freddie have been securitizing mortgages at a low cost and have not faced any substantial management problems.
There is of course one problem that privatizing Fannie and Freddie would solve. This is yet one more way that the financial industry can run up some profits and high pay for top executives at the expense of the rest of us.
The Congressional Budget Office calculated that having private institutions, rather than Fannie and Freddie in their current form, would add roughly 20 basis points, 0.2% to the cost of securitizing mortgages. With around $1 trillion in mortgages being securitized each year, that comes to $2 billion annually. That is not huge in the context of the federal budget (0.03%), but it is four times the annual appropriation for the Corporation for Public Broadcasting that got Trump so upset.
Trump is giving a green light to his finance buddies to find every more creative ways to rip off businesses and ordinary people.
And in the case of privatizing Fannie and Freddie, we literally get nothing for it except a less efficient mechanism for securitizing mortgages. This is similar to the plans for privatizing Social Security. We have an extremely efficient public system, but many people in the Trump administration see the opportunity to make trillions of dollars in fees by turning it into a private system.
As with a privatized Social Security system, we would also be exposing ourselves to needless risk by privatizing Fannie and Freddie. The basic problem is that we would be allowing a private corporation to operate with a government guarantee against losses. This guarantee gives a private securitizer an enormous incentive to securitize bad mortgages in order to increase volume and make more profits. That was the story of the housing bubble and the subsequent collapse and financial crisis in 2008-09.
If a private securitizer is carefully regulated, it can limit the risk of reckless lending. But does anyone believe that the Trump administration is going to have careful regulation of the financial industry?
The basic story here is that in order to give donors in the financial industry still more money, Trump is planning to privatize a perfectly well-functioning public system for securitizing mortgages. This move will almost certainly increase the cost of mortgages for homebuyers, the only question is by how much. And it raises the risk for future financial crises and government bailouts.
Making the financial sector less efficient in order to hand money to contributors is very much front and center in the Trump administration. This is the same story with his decision to promote crypto currency, which is making Trump and his friends tens of billions of dollars; as opposed to letting the Federal Reserve Board issue a digital currency, which would save us tens of billions in bank and credit card fees.
The evisceration of the Consumer Financial Protection Bureau follows the same pattern. Trump is giving a green light to his finance buddies to find every more creative ways to rip off businesses and ordinary people.
That’s how we should understand the drive to privatize Fannie and Freddie. How could anyone oppose it?
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