The U.S. enforcement landscape is undergoing a recalibration. Political realignment, personnel cuts, and a heightened focus on geopolitics are reshaping how and when the U.S. deploys its regulatory enforcement authority.
More selective enforcement
The Trump Administration’s “Department of Government Efficiency” initiative last year drove a significant reduction in prosecutors, agents, and enforcement attorneys at all levels of seniority across the U.S. Department of Justice (DOJ) and other federal agencies. We are seeing the impact on enforcement. The result has been a clear slowdown, with enforcement becoming more selective and aligned with the administration’s political priorities.
In 2025, agencies pulled back from broad enforcement to focus on what agency leaders consider their core mandates. Antitrust fines fell sharply, and merging companies saw fewer regulatory roadblocks. The SEC signaled a decreased enforcement volume tailored to priority areas such as insider trading and