Chief compliance officers and general counsel, beware: The Trump administration’s merging of its whole-of-government enforcement approach with its political agenda forewarns of escalating compliance risk on a national scale.
On Jan. 8, President Donald Trump — not the U.S. Department of Justice (DOJ)— announced the establishment of a National Fraud Enforcement Division. In a press briefing that same day, Vice President J.D. Vance said a newly appointed Assistant Attorney General (AAG), will be picked by President Trump and confirmed by the Senate. He says the new AAG will have “nationwide jurisdiction over the issue of fraud.”
