Documents obtained through FOIA requests reveal that enforcement actions against major financial institutions were dropped without explanation in the final weeks of the fiscal year.
Topic
accountability
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Federal Regulators Quietly Shelved Three Major Investigations Last Quarter -
City's Affordable Housing Fund Diverted to Consultant Contracts, Records Show An eighteen-month review of municipal spending records reveals that nearly a third of the city's affordable housing allocation went to consulting firms, not housing.
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How Regulatory Capture Actually Works: A Field Guide The textbook definition of regulatory capture is too clean. Here is how the process actually unfolds, in practice, across industries and decades.