Crony-Capitalism

DHS Awards Secretive $915 Million 'Self-Deportation' Contract to Connected Firm

| Importance: 8/10

A $915 million contract awarded to Salus Worldwide Solutions for ‘self-deportation’ services faces legal challenge for lacking transparency and following unlawful procurement procedures. The firm has connections to senior DHS officials, and bids were restricted to select companies for …

DHS Salus Worldwide Solutions Project on Government Oversight systematic-corruption no-bid-contracts crony-capitalism procurement-fraud
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Treasury's $20 Billion Argentina Bailout Benefits Bessent's Hedge Fund Colleagues

| Importance: 10/10

Treasury Secretary Scott Bessent approved a $20 billion Argentina bailout that directly benefits hedge funds run by his former colleagues Stanley Druckenmiller and Robert Citrone, whose portfolios hold significant Argentine debt. Senator Elizabeth Warren demanded details on whether Managed Funds …

Scott Bessent Stanley Druckenmiller Robert Citrone Elizabeth Warren Javier Milei systematic-corruption conflicts-of-interest treasury-corruption crony-capitalism
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Private Prison Company CoreCivic Secures $300 Million in New ICE Contracts

| Importance: 7/10

CoreCivic, a private prison company, secured nearly $300 million in new ICE contracts to add 5,700 detention beds across California, Kansas, and Oklahoma, effectively doubling agency capacity by 2026. The contracts include $130 million annually for California City Correctional Facility, $60 million …

CoreCivic ICE Trump Administration Congress systematic-corruption crony-capitalism privatization immigration-enforcement
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Trump Targets Corporate Deals Across 30+ Industries Before Midterm Elections

| Importance: 8/10

Trump administration systematically cut deals across more than 30 industries, trading tariff relief and federal financing for corporate concessions in a pattern resembling state-driven capitalism. Companies including Pfizer, Eli Lilly, and AstraZeneca faced pressure on production location and drug …

Trump Administration Pfizer Eli Lilly AstraZeneca Pharmaceutical Industry systematic-corruption state-corporate-fusion crony-capitalism institutional-capture
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White House Orders GSA to Add Musk's Grok AI to Federal Vendor List 'ASAP' Despite Antisemitic Content

| Importance: 8/10

The White House ordered the General Services Administration (GSA) to add Elon Musk’s Grok chatbot to the approved vendor list for federal agencies ‘as soon as possible,’ despite the AI system’s documented history of producing antisemitic content and demonstrating instability …

Trump White House Elon Musk GSA conflicts-of-interest crony-capitalism procurement-fraud Elon-Musk AI-policy
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Government Waives Performance Benchmarks for Intel Despite $11 Billion in Federal Support

| Importance: 8/10

After taking a 10% equity stake in Intel worth $8.9 billion, the government waived performance benchmarks and accountability requirements despite Intel receiving over $11 billion in total federal support through CHIPS Act grants and additional programs. The benchmark waiver eliminates standards that …

Trump Intel Department of Commerce state-capitalism corporate-welfare CHIPS-Act accountability crony-capitalism
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White House Fires Surface Transportation Board Member Via Email Without Cause

| Importance: 7/10

The White House fired Robert E. Primus from the Surface Transportation Board via email without providing any cause, removing an independent regulator responsible for overseeing rail mergers and transportation policy. The Surface Transportation Board is designed to operate independently from …

Trump White House Surface Transportation Board Robert E. Primus regulatory-capture institutional-capture crony-capitalism transportation-policy
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Trump's Second Term Tariff Exemptions Made in Secret Without Public Process

| Importance: 8/10

In Trump’s second term, tariff policy became increasingly opaque, with exemptions granted through a non-transparent process heavily influenced by lobbyists and political connections. The administration replaced the previous public application process with closed-door negotiations, raising …

Donald Trump Trump Administration Industry lobbyists Reyes Holdings Ballard Partners tariffs second-administration corruption transparency crony-capitalism +1 more
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Major GOP Donors' Company Receives Unexplained Tariff Exemption

| Importance: 8/10

Reyes Holdings, a Coca-Cola bottling giant owned by two major Republican donors, secured a tariff exemption for PET plastic resin with no public explanation, leaving industry insiders baffled. Records show the company had recently hired lobbyists with close White House ties, heightening suspicions …

Reyes Holdings Trump Administration Republican donors tariffs political-donors corruption lobbying crony-capitalism
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Trump Tariff Exemption Process Shows Political Favoritism

| Importance: 8/10

Academic study of over 7,000 tariff exemption requests finds firms with political connections to Trump, especially those donating to Trump or Republican causes, had significantly higher approval rates, while those linked to Democrats were more often denied. Internal government audits describe the …

Donald Trump Trump Administration Veljko Fotak Hye Seung Grace Lee William Megginson +1 more tariffs corruption crony-capitalism trade-policy political-favoritism
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Apple Receives Special Tariff Exemptions After CEO Cultivates Trump Relationship

| Importance: 6/10

Cook’s ‘charm offensive’ through multiple dinners and meetings with Trump 2018-2019 secured Apple exemptions from China tariffs on iPhones and core products. Cook dined at Trump Tower, Bedminster golf course, attended White House state dinner, gave Trump Mac Pro plant tour. Apple …

Donald Trump Tim Cook Apple Inc. tariffs favoritism apple corporate-influence crony-capitalism
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