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March 06, 2024 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter

Anti-MonopolyConsumer ProtectionGovernment CapacityIRS

Throwing the Public’s Defenders Under the (Mini)Bus

By Friday, Congress needs to vote on a proposed “minibus”—a package of six out of the 12 necessary government spending bills for fiscal year 2024—to avoid a partial government shutdown. We’ve got a handy explainer of all the federal budget terms you wish you didn’t need to know, from “minibus” to “poison pill” to the Fiscal Responsibility Act of 2023, which is the reason why our country’s grotesque military budget is getting a $26 billion boost up to $886 billion, while non-defense spending is getting a $4 billion cut, down to $773 billion.

While there are plenty of damning narratives to derive from the latest in government appropriations dysfunction, there is one story in particular that we’re anxious to see told by the White House and Congressional Democrats, and it’s this…

March 05, 2024 | The Sling

Dylan Gyauch-Lewis

Op-Ed Anti-MonopolyFinancial Regulation

The Proposed Merger of Capital One and Discover Deserves Rigorous Scrutiny

Last month, Capital One announced that it plans to purchase Discover in a deal worth $35.3 billion. For their campaign to secure regulatory approval, Capital One is trying to act like a benevolent pro-consumer company that will use economies of scale to lower interest rates and ramp up competition with Visa and Mastercard. But that’s probably baloney. 

February 29, 2024

Hannah Story Brown

Press Release Climate and EnvironmentExecutive BranchRevolving DoorTreasury Department

RELEASE: Treasury Must Continue To Stand Firm Against Industry Fearmongering and Regulatory Capture in Finalizing Clean Hydrogen Guidance

In response to Thursday’s reporting from E&E News on the Energy Department pushing the Treasury Department to align its clean hydrogen tax credit guidance with industrial polluters’ wishlist, the Revolving Door Project released the following statement: 

February 28, 2024

Emma Marsano

Newsletter Corporate CrackdownExecutive Branch

Government Shutdown Threats Allow GOP to Signal to Corporate Cronies It’s Open Season on Consumers

We’re staring down a familiar deadline this week: On Friday, if Congress doesn’t pass a spending bill, we’ll enter a partial government shutdown. And if they pass a short term continuing resolution… we’ll have just kicked the can a few weeks down the increasingly potholed (due to inadequate maintenance) road.

February 26, 2024

Andrea Beaty

Press Release Anti-MonopolyEthics in GovernmentTechTrade Policy

RELEASE: Wyden Unethically Champions Big Tech’s Anti-Regulatory Push Despite Wife’s Massive Investments In Apple, Microsoft, Amazon And Google

A new report this weekend revealed how the wife of Senator Ron Wyden (D-Ore.) has maintained significant financial ties to Big Tech companies even as the Senate Finance Committee Chairman is playing a leading role in Big Tech’s global push for deregulation.