ELINA, please! As a non-American, I don’t understand why anyone would care about Trump in this context. Aren’t the people who look into these things different departments? And don’t they only look into anything after a breach?

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oblio 6 hours ago | parent [-]

The current administration was basically "corporations, do whatever you want as long as it doesn't interfere with our money making".

A lot of people felt, and there seems to be mounting proof, that the administration wasn't going to enforce a lot of laws, especially since their stance was to cut the agencies in charge of that (SEC, FTC, FCC, EPA, FDA, IRS, etc).

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pitched 15 minutes ago | parent | next [-]

This still isn’t quite de-Americanized enough for me to track. He has the power to cut funding for whatever specific agency he doesn’t like? And they, knowing this, decide to sit on their hands for four years to keep their paycheques. Finance companies in turn, change policies, knowing that these agencies will not be enforcing laws for four years.

The recent change is that this free-for-all may be cut short? What am I missing here, this sounds like banana republic shenanigans.

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1718627440 5 hours ago | parent | prev [-]

So a lot of companies assumed that that was not going to change in the future, aka. that the Trump administration is final and democracy is finished in the USA; do I understand this correctly?

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oblio 4 hours ago | parent [-]

These days democracies are a lot fuzzier and there are lots of degrees, many named flawed democracies.

And the current president still needs to hand over the reins peacefully so I wouldn't declare victory, yet.

	▲	1718627440 3 hours ago \| parent [-]
		> And the current president still needs to hand over the reins peacefully so I wouldn't declare victory, yet. Sure, my point is about that basically companies already made decisions based on the assumption, that he will not do that.