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October 28, 2021
Watchdogs Request Fed Communications And Calendars For Continuing Ethics Inquiry
President Biden is nearing a decision on a Federal Reserve Chair nomination, but the Revolving Door Project’s work will not end with the conclusion of the reappointment fight.
October 26, 2021
The Myths And The Facts About Jerome Powell
We hope that these one-pagers help political professionals, the press, and onlookers to better understand the facts surrounding the reappointment debate.
October 21, 2021
Treasury's Climate Report Sees Impending Catastrophe And Shrugs
“It’s extremely disappointing to see this long-awaited report be so watered down by what can only be described as climate apathetic FSOC members.”
October 07, 2021
FOIA RequestPress Release Congressional OversightEthics in GovernmentFederal ReserveFinancial Regulation
Watchdogs Request Fed Leadership's Contacts With Ethics Office
“The malfeasance already in the public record is staggering. For the sake of government integrity, the public must learn how deep the rot goes at Powell’s Federal Reserve.”
October 05, 2021
Powell, Vice Chairs, And Regional Bank Presidents' Trading Demands Congressional Oversight
“Drastic action is necessary, because the prevailing assumption that what is going on at the Fed is a string of harmless, sloppy errors strikes us as wildly unsupported by the facts.”
October 04, 2021
Powell Misled Reporters About His Finances While Admitting To Lax Ethics Practices
Powell neglected to mention that he’d personally purchased shares that year in several actively-managed municipal bond funds, as a Revolving Door Project review of the Fed Chair and Vice Chairs’ 2020 financial disclosure forms shows.
September 30, 2021
Powell And Vice Chairs Transacted Millions In 2020, While Brainard Made No Trades
The fact that the Fed’s current leadership team made or benefitted from multimillion dollar transactions contextualizes what we’ve seen at the Boston and Dallas regional banks: Chair Powell has facilitated a broad culture of lax ethical practices at the highest levels of the nation’s central bank.
September 24, 2021
Biden Administration’s Inaction on Vaccine Equity is Cowardly and Shameful
“Over four months after announcing its support for the COVID-19 TRIPS Waiver, the Biden administration’s once promising step towards achieving vaccine equity is proving to be little more than an empty promise. Officials across the administration are cowering in the face of Big Pharma’s insatiable appetite for profit rather than pursuing one of many paths to rapidly ensure equitable access to vaccines worldwide.”
September 23, 2021
Omarova Appointment Brings Expertise And Independence To Comptroller Role
Professor Omarova has spent over a decade fighting for the belief that the public should set rules for banks, rather than banks setting rules for the public.
September 16, 2021
Fed's Powell Must Place Embattled Bank Presidents On Leave, Ethics Watchdogs Write In Letter
It really shouldn’t surprise anyone that a former Carlyle Group executive — a firm whose whole profit strategy is based on exploiting insider connections in the federal government — hasn’t prioritized ethics and oversight in running the nation’s largest stockpile of potentially market-moving information.
September 09, 2021
Nominating Utility And Oil Crony Brings Frustrating End To #HotFERCSummer
Phillips has done the bidding of utilities giants during his time on the D.C. Public Service Commission, and spent years working for corporate BigLaw firms which represent oil and gas interests.
August 12, 2021
Biden Must Fire Climate Skeptic From Key Financial Stability Council, 23 Organizations Say
Today, a coalition of 23 environmental, labor, and good government organizations called on President Biden to remove Thomas Workman from his role as the independent member with insurance expertise on the Financial Stability Oversight Council (FSOC), the interagency panel which identifies and addresses systemic risks to the financial system.
August 09, 2021
Jerome Powell Spent Years At Union-Busting Private Equity Giant
During his time at the Carlyle Group, the firm repeatedly engaged in union-busting layoffs, climate-damaging fossil fuel investment projects, and more.
August 02, 2021
Biden Can't Make His Mark On The Fed Board So Long As Powell Is Chair
The argument in favor of Powell ignores the simple math.
July 19, 2021
Treasury Nominee Graham Steele Represents Exactly Who Should Staff The Executive Branch
Graham’s history fighting for the public against the predations of and systemic risks posed by Wall Street, and now the fossil fuel industry, speaks for itself.