Elizabeth Warren: Obama Administration ‘Shockingly Weak’ on Corporate Crime

From Peter Schroeder writing at The Hill:

Sen. Elizabeth Warren (D-Mass.) opened up a new broadside against the Obama administration Friday, accusing his Justice Department of going easy on corporate America.

In a new report from her office, Warren argues that powerful corporate executives have effectively received a free pass from the federal government, despite massive settlements where their companies often admit to criminal wrongdoing.

The Obama Administration has made repeated promises to strengthen enforcement and hold corporate criminals accountable,” Warren’s report stated. “Nonetheless, …accountability for corporate crimes is shockingly weak.”

Warren breaks down 20 major corporate settlements from 2015, saying they present clear examples of “prosecutorial timidity” when it comes to bringing the hammer down on corporations.

Read the rest of the story at The Hill.