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Another day, another former antitrust enforcer defecting for the corporate world. In the months since President Joe Biden promised to pursue more aggressive antitrust enforcement, former antitrust officials have become an even hotter commodity in the private sector. Douglas Rathbun is the latest official to jump ship from the increasingly central world of antitrust enforcement to the more lucrative world of defending the status quo. Rathbun is a former counsel for the Antitrust Division’s Office of Legal Policy and has advised the Division on administrative and regulatory matters as well as guided nominees to senior leadership positions. According to his LinkedIn, Rathbun elected to cut out the BigLaw middleman and join a corporation directly: this month he joined Facebook to work on public policy.

The Revolving Door Project has been requesting personal financial disclosures, or Form 278e’s, since the White House made them available. While we are still waiting to receive many requests back, we wanted to share the ones we have received with the public as quickly as possible by summarizing relevant findings for each White House appointee.

Financial disclosures revealed that numerous high level Biden White House officials have financial holdings in vaccine manufacturers, while some of them are involved in vaccine distribution talks.

Progressive groups successfully pressed Education Secretary Miguel Cardona to replace the acting head of the office that oversees the nation’s $1.5 trillion student loan portfolio in recent weeks. Now, Abigail Seldin, a former student loan company executive, is reportedly a candidate to lead that office.

Elizabeth Rosenberg, a lesser-known Obama-era official, is being considered to lead the Treasury Department’s Terrorism and Financial Intelligence unit. Her record designing painful economic sanctions, supporting fossil fuel industry-friendly policies, and helping powerful corporations gain close access to the highest levels of government is cause for alarm, writes Vishal Shankar.

Having a pollution investor in charge of the DPC should set off alarm bells for anyone worried about climate change — in other words, everyone.

ullivan, like Secretary of State Blinken and others in the Biden national security apparatus, spent the Trump years as a “consultant,” better termed as a shadow lobbyist, for Big Tech and other industries.

Alvarez only re-entered the regulatory world after six years at Affirm, a fintech e-lender that offers loans up to 30 percent APR under sometimes confusing terms at the point of sale, so consumers rarely have the opportunity to shop around or read the fine print for an informed decision.

What is the spirit of a revolver? Perhaps it’s best described as someone who advances “the increasingly influential private-sector approach to world-changing.” That, after all, is how Anand Giridharadas, in his essential book Winners Take All: The Elite Charade of Changing The World, once described Sonal Shah’s current work.

Title 1 of the Dodd-Frank Act Title established the Financial Stability Oversight Council (FSOC) just over a decade ago. Prior to its arrival, there was no cross-agency government body tasked with protecting the financial system from systemic risks. FSOC was created to avoid repeating the mistakes of the 2008 financial crisis and to be a safeguard against financial practices with the potential to wreak global havoc.

President Biden is being presented with a straightforward, simple opportunity to make good on his promise to take a whole-of-government approach to fighting climate change. Appointing climate leaders who will take urgent climate action even if their job descriptions do not explicitly mention the environment is one of the easiest and most important ways Biden can display integrity.

On President Biden’s first day in office, he made clear that, after the Trump administration’s fantastically corrupt reign, restoring trust in the federal government’s senior leadership would be a priority. His executive order on ethics, signed within hours of his inauguration, went further than any other towards slowing the revolving door and limiting conflicts of interest while in office. Subsequent appointments make clear, however, that these elevated standards are still not enough. Simply following the letter of the order will leave significant room for conflicts of interest to poison the administration’s actions and public trust.

John Kerry, President Biden’s international “Climate Envoy”, appears to want bold climate change policy. Kerry was a leader in developing the framework for the first UN climate talks in 1992, co-authored cap-and-trade legislation back in 2009 when it could have possibly been useful, and was a major driver of the 2015 Paris Agreement.