Overview

• Public Citizen found that 47 of 142 federal investigations into tech firms transferred from the Biden administration have been halted or withdrawn under President Trump.
• Enforcement actions affecting roughly 165 companies across U.S. industries have been suspended or ended during the first six months of the second Trump term.
• Crypto firms account for nearly half of the dropped cases, and 11 additional actions against fintech companies were also withdrawn or paused.
• Notable rollbacks include a corporate pardon reversing BitMEX’s $100 million money-laundering fine and the dismissal of a Justice Department civil-rights investigation into SpaceX.
• The report warns that these selective enforcement decisions could weaken or delay major antitrust and consumer-protection efforts against dominant tech platforms.