The evisceration of the Dodd-Frank Act could make things tougher for employees who report financial misconduct in their firms. The Act’s “whistleblowing” provisions weren’t perfect, but they led in the right direction, writes a financial crimes specialist.
Officials said the FBI is investigating whether the Clintons promised or performed any policy favors in return for largesse to their charitable efforts or whether donors made commitments of donations in hopes of securing government outcomes. A Clinton spokesperson calls the investigation “disgraceful” and a “sham.”
Ending a nine-week trial, prosecutors wrapped up their arguments that Sen. Bob Menendez (D-NJ), used his office to help Salomon Melgen, a wealthy Florida eye doctor and a longtime friend, to secure visas for his foreign girlfriends and to intervene in a lucrative port security contract in the Dominican Republic and a multimillion-dollar Medicare dispute.
With the defense set to begin its case, Judge William Walls is expected to rule on a motion by Sen. Robert Menendez (D-NJ) to throw it out based on the Supreme Court ruling in the case of former Virginia Gov. Bob McDonnell.