Our Blog

Clear All Filters

April 06, 2023

Toni Aguilar Rosenthal

Blog Post Ethics in GovernmentFederal ReserveFinancial RegulationGovernance

We Have Always Been Right About Jerome Powell

Despite years of our best advice, and indeed the better judgments of Sen. Elizabeth Warren and other progressives in Congress, government watchdogs like Americans for Financial Reform (AFR) and others, nearly one year ago President Joe Biden disappointed his responsibility to the public and to his own economic agenda by renominating Donald Trump’s hand picked head of the Fed: Jerome Powell. Biden bafflingly stuck by Powell despite his years of betraying labor unions, environmental groups and frontline communities, and the middle class. As a result, broad coalitions of folks concerned about the climate crisis, about the long term safety and stability of our financial system, about attacks on labor and the working class, about housing insecurity and the long term impacts of the pandemic, mobilized against Powell’s renomination because his storied track record of, well, making each of these things (and more!) worse.

April 05, 2023 | Revolving Door Project Newsletter

Dylan Gyauch-Lewis Hannah Story Brown

Newsletter

Department of JusticeDepartment of TransportationFinancial RegulationGovernanceIndependent AgenciesRevolving Door

Several Flavors of Regulatory Failures

Until the Biden administration learns that they need to draw a sharp contrast with their predecessors and, generally, do a full 180, they will keep getting egg on their faces. And when the blame genuinely belongs to both the Trump and Biden administrations, warranted criticism of disastrous Republican deregulation is undermined.

April 03, 2023 | The American Prospect

Hannah Story Brown

Op-Ed ClimateCorporate CrackdownDepartment of JusticeGovernance

The Chickenshit Club, Climate Edition

If we at the Revolving Door Project could exhort the Biden administration to do anything, it would be this: Choose the right enemies—rich, powerful corporations that harm the public, most often with impunity. Sometimes you will lose, but that doesn’t mean you should forfeit the fight. And getting caught trying can inspire the public to rally around a political party and its leaders.

March 31, 2023

Andrea Beaty

Press Release Anti-MonopolyFTCRevolving Door

As We Say Good Riddance, Which Corporate-Funded Entity Will Give Christine Wilson A Warm And Lucrative Welcome? 

Today marks Christine Wilson’s final day as a Commissioner for the Federal Trade Commission. The question on the top of our minds: Will Wilson follow in the footsteps of her former colleague, and RDP’s 2022 “Revolver of the Year,” Noah Phillips, and move to a cushy BigLaw job defending corporations from antitrust enforcement? 

March 24, 2023

Emma Marsano

Blog Post Anti-MonopolyCriminal JusticeDepartment of JusticeGovernance

DOJ IN THE NEWS: Mid-March Trends

This is the latest installment of a new biweekly blog series from RDP. Every two weeks, we call out ongoing trends in media coverage of the Justice Department’s focus and priorities, giving context from our past DOJ oversight work as needed, with an eye to the impact of DOJ capacity and resources, as well as alignment with the Biden administration’s professed goals.

March 22, 2023 | The Sling

Dylan Gyauch-Lewis

Op-Ed Department of TransportationExecutive BranchIndependent AgenciesLabor

Too Big To Rail: Railroads, Safety, and Accountability

Unfortunately, America’s rail workers are all too familiar with the consequences of how the railroad industry has been operated over the past 30 years. Precision scheduled railroading (PSR) has made the difference. PSR is a business model focused on reducing overhead costs and generating returns for shareholders. Similar to many other business models driven by financialization, it’s effectively  a scheme by giant railroad operators to cut staff and backup resources, push the remaining equipment and personnel to the breaking point, and funnel as much of the cash as possible to Wall Street. And by increasing market concentration even further, the recently approved rail merger between Canadian Pacific (CP) and Kansas City Southern (KCS) promises to make the situation even more dire — for railroad workers, for the communities our rail lines pass through, and for the American economy.