OUR REPUBLICAN PRESIDENT:

In 2012, President Obama pledged to "hold Wall Street accountable" for financial misdeeds related to the financial crisis. But as financial industry donations flooded into Obama's re-election campaign, his Justice Department officials promoted policies that critics say embodied a "too big to jail" doctrine for financial crime.

Just a few years after the financial crisis, a new report tells an important story: Federal prosecution of white-collar crime has hit a 20-year low.

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