Harming America: Corporate Crime in a Context of Deregulation

• In Event: Division of White-Collar and Corporate Crime Sponsored Panel: “White-Collar Crime, Near Crime, and Corruption in the United States”

Abstract

Like many Republican presidents, Donald J. Trump campaigned on a pro-business and anti-regulation platform, and since his election in November 2016, he has directed his administration to move forward with deregulation efforts in many arenas, including health care, consumer financial security, environmental controls, and workplace safety. Past efforts to rollback regulations governing certain industries, such as, the savings and loan industry and the mortgage industry, have had harmful consequences for the general public or for specific interest groups. In this study, we review what the Trump administration has accomplished with regard to deregulation to date. Then based on past deregulatory fiascos, we theorize the harmful collateral consequences that may result from this most recent swing of the regulatory versus deregulatory pendulum.

Authors

• Michael Benson, University of Cincinnati

• Will Stadler, Saint Martin's University

• Diana Sun, University of Cincinnati

• Henry N. Pontell, John Jay College of Criminal Justice / University of California, Irvine