The Trump administration is achieving rapid victories for American companies by retracting regulations, stopping investigations and retracting lawsuits that accuse employers of discrimination.
A set of shootings, stops and litigation orders have fallen into the organizers, such as the Consumer Protection Office, the Employment Opportunities Committee, the National Board of Labor Relations and the Securities and Exchange Committee.
The movements prompted the Supreme Education Council to try to the police boom the cryptocurrency and the efforts made in other agencies to protect workers’ rights.
The speed and size of the movements carried by President Trump reflects his ambitious agenda to reduce the size of the government.
But the result aimed at protecting ordinary Americans, workers and homeowners, as consumer advocates say that the final result of all these disturbances is simple: organizational agencies that aim to protect ordinary Americans, workers and home owners are destroyed.
“Under the Trump administration, federal consumer protection is quickly stripped in a process without law,” said Adam Levitin, a professor of Georgetown Law, which specializes in financial organization. “This is the abolition of restrictions from the shooting.”
It is not uncommon for the new administration to stop some of the rules and regulations that were enacted under a previous administration to ensure that they reflect the priorities of the new president.
But Mr. Trump’s plan to reduce the federal workforce through collective acquisitions and launch operations Complicate Organizers to take their jobs and allocate these agencies. On Tuesday evening, dozens of employees at the Consumer Office Small Business Administration has been separated.
Some of the Trump administration’s political changes are in line with a series of overwhelming executive orders signed by the president to overcome programs that protect the rights of transgender people or climate change initiatives.
the Federal Deposit Insurance Corporation and Currency Observer Office Both move quickly to withdraw from an international organization to change the climate consisting of bank supervisors.
One of the changes in the Federal Housing Program, which was aimed at protecting from gender discrimination, has religious foundations publicly.
Scott Turner, the new secretary of the Ministry of Housing and Urban Development, Advertise Friday HUD employees were stopping the enforcement procedures that increase the “maximum left ideology” when it comes to housing programs. He said 2016 rule He did not agree with “what the Lord created from the beginning when he created a man in his image.”
In fact, the comprehensive reform of the Consumer Protection Office is to the closure of the 1700 employees agency, which regulates financial services companies. All work was stopped in the office this week.
The Trump administration did not respond to the comment request.
Business groups, such as the American Chamber of Commerce, have long preferred organizational relief In a report in January It is included as one of its higher priorities for this year. In particular, the Chamber said that the consumer office has participated in exceeding the “terrible”.
Kristen E Hekman, a professor at the Faculty of Law at the University of Minnesota, who specializes in administrative law, regardless of threats, said only Congress can get rid of an agency created in Congress like the consumer office. But she also noticed that the presidents have a line of latitude in the amount of power they could submit to an agency.
She said that there is a “large space for maneuver” when it comes to the ability to “expand or shrink what the agency does.”
Here is a closer look at some of the most important changes that occur in organizational agencies under the Trump administration:
Consumer Financial Protection Office
Russell Fion, who was exploited by Mr. Trump to lead the administration and budget office, was not lost, that is, during his first few days as the Acting Director of the Consumer Office, the International Federal Supervision Agency that was established in the aftermath of the financial crisis.
Soon the agency employees ordered to close all “supervision and exam activity”. The office’s lawyer directed to ask the judge to delay a base that requires credit reporting companies to keep them Medical religion Outside the credit grades of consumers. Close the agency’s offices for a week.
On Tuesday night, more than 70 employees, including enforcement lawyers, were demobilized. The shootings occurred a few hours before his name, Mr. Trump Jonathan Micaranan, a former FDIC, as the director of the Consumer Office.
After further reference to a retreat from enforcement procedures, the office also ended its contracts with a number of expert witnesses, who hold evidence and testimony in cases against companies, according to a person who was informed in this regard.
Mr. Fior has long preferred to cancel the consumer office, which focuses on preventing banks and other financial services companies from benefiting from customers. One of the last actions taken by the Consumer Office during the Biden administration was to prosecute the capital, accusing the consumer bank who is misleading with promises of the high savings account.
The office is also a special target for Eleon Musk, billionaire technology, and his team of small costs. Only last week, in a post on the social media platform, X, Mr. Musk All, but call For office demise. He created a payment platform on X organized by the office.
Securities and Stock Exchange Committee
In SEC, the Acting Chair, Mark Oida, was aimed at regulating encryption.
His first step was to create a encryption workplace that would put a framework for the regulation of unbridled industry without relying mainly on enforcement situations.
The work band is a rejection of what the encryption industry saw as the heavy approach that Gary Ginsler followed, the former SEC chair.
Mr. Uyeda has also moved to the expansion of the SEC encryption enforcement unit, in which more than 50 lawyers and investigators worked. Some lawyers have been transferred to other enforcement teams, and a large lawyer has been transferred in many encryption cases completely outside the enforcement department – the procedure appears by some as an extermination of the encryption community.
On Tuesday, Mr. Uida told a federal appeal court that the agency was stopping its defense of a base that required public companies to reveal how their operations affecting climate change. Many American companies complained that the base is very expensive. Supporters of climatic disclosure at the base consider Mr. Jinsler’s achievements.
The organizational decline of Mr. Trump will be possible to enforce the revolution of the Supreme Education Council for corruption of companies abroad. On Monday, he signed an executive order that the Prosecutor Bam Bondi is directed to stop enforcing the law of corrupt foreign practices, making it illegal for American companies to bribe foreign officials to obtain government contracts, and is implemented. One of the largest foreign bribery cases in recent years has been the investigation that led to Goldman Sachs in the 1MDB scandal.
Employment Opportunities Committee
In EEOC, the Federal Agency focused on protecting employees from discrimination, cases related to sexually transformed workers are now doubtful.
Last month, the agency’s lawyers asked the judge to stop litigating in the case of a pig farm to distinguish against a transgender employee, including failure to prevent another factor from trying to breasts and expose his genitals. Lawyers told the judge that the temporary suspension in the case, “will be allowed to determine whether continuous litigation” is permitted under Mr. Trump’s executive order related to “restoring the biological truth of the federal government.”
“The agency continues to impose federal anti -discrimination laws.”
But he added that the agency’s chief of entrepreneurship “acted immediately to comply with the applicable executive orders to the maximum extent possible in light of its current authority.”
It is in doubt about what will happen to other transgender discrimination issues, such as one that EEC brought in September against a series of hotels. The committee accused the companies of launching the driver of a home illegally converting home that complained of harassment.
In announcing this suitEEOC Regional Lawyer said: “Preventing and treating him against LGBTQI+ remains a major priority for EEOC.”
But Mr. Trump made it clear that he has other priorities. Shortly after the issuance of the “biological truth” executive order, the Trump administration launched two Democratic Commissioners at the agency and its general advisor.
Stacy Cowl The reports contributed.