Despite promises to ramp up enforcement, the U.S.
Department of Justice prosecuted only 99 corporate offenders in 2022, a small uptick from the previous year’s 90 prosecutions, according to a new report from Public Citizen. President Joe Biden’s second year is thus tied with former President Donald Trump’s second year for having the fourth lowest number of corporate prosecutions since the start of the Clinton administration.
The near-record low number of corporate prosecutions combined with plunging corporate leniency agreements means the federal government concluded just 110 criminal cases against corporations in 2022 – fewer than any previous year since 1994.Biden’s Justice Department pledged in 2022 to end the era of corporate impunity. In 2021, Deputy Attorney General Lisa Monaco urged prosecutors to “be bold” in holding corporate criminals accountable.
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