Biden DOJ Stiffens Corporate Enforcement
On October 28, 2021, Deputy Attorney General Lisa Monaco announced sweeping policy changes to the U.S. Department of Justice’s corporate enforcement at the ABA’s 36th National Institute on White Collar Crime. DAG Monaco continued the Biden DOJ’s reversal of several defense-friendly policies and rolled out an extensive agenda that is designed to be tough on corporations and individuals. She revealed three new policies and foreshadowed future reform all aimed at individual accountability and corporate culture. As she made clear, the Biden DOJ is serious about revamping corporate enforcement and this is just the first wave of reform.
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