April 25, 2022
Corporate Crackdown Updates: 4/25/22
Every two weeks, we’ll be sending a summary of what the Biden administration has and hasn’t done to police and publicize white-collar crimes and big business abuses.
April 25, 2022
2020 Election/TransitionClimateEthics in GovernmentExecutive BranchJeff ZientsRevolving Door
What You Need To Know About The Contenders For Biden’s Next Chief Of Staff
Nearly halfway through President Biden’s second year in office, with midterms on the horizon and senior staff either burning out or eager to sell out, “Transition 2.0” — the rapid departure of said senior staff with an influx of new personnel — is growing closer. One position we’re keeping a close eye on is Biden’s next Chief of Staff. Currently filled by Ron Klain, this is Biden’s de facto power broker. He helps the president make decisions and acts as a gatekeeper for the many, MANY forces, good and bad, who’d like to influence the president.
April 25, 2022
We All Know Elon Musk Is Buying Twitter To Help Him Get Away With Stock Fraud, Right?
Elon Musk is not just purchasing Twitter because, by all appearances, he is a very sad man who is desperate for other very sad men to think he is cool.
April 25, 2022 | The New Republic
How Biden Can Halt the U.S. Postal Service’s Gas-Guzzling Plan
Just days after his inauguration, President Biden promised to use the federal government’s procurement authority to achieve a zero-emission fleet of government vehicles. This spring, however, that’s led to a standoff with the United States Postal Service—an independent agency overseen by a Trump-aligned postmaster general who wants to replace 225,000 out-of-date mail delivery trucks with fresh gas-guzzlers, to the tune of $11.3 billion.
April 25, 2022 | The American Prospect
Where's The Congressional Champion On Pharma Patent Abuses?
But for all of this, neither party’s congressional leaders have directly challenged the main legal mechanism that accounts for those high costs—namely, intellectual property. You’d think members of Congress would recognize the political salience of picking a fight with one of the most hated industries in America. So why isn’t anyone on Capitol Hill even talking about intellectual property’s role in driving high drug prices, and taking the PTO to task to do something about it?
April 22, 2022
First Chapter of Multi-Part Climate Report Documents Executive Action Opportunities At Energy Department
This chapter focuses on the Department of Energy, while later chapters explore the opportunities available to the EPA, Departments of Agriculture, Interior, Justice and other executive branch agencies.
April 20, 2022 | Revolving Door Project Newsletter
CabinetCorporate CrackdownEthics in GovernmentRight-Wing Media
RDP Meets Its Evil Twin
Here at Revolving Door Project, we spend a significant portion of our time working to explain how and why executive branch positions matter. Our team members have collectively published tens of thousands of words detailing the tools executive agencies have to help regular people and insisting that this administration make full use of them.
April 19, 2022
How The Department Of Commerce Can Combat Economic Malaise
Responsible for creating “conditions for economic growth and opportunity,” the full powers of the DOC must be leveraged to combat economic malaise. Since the modern department was established in 1913, the DOC’s powers have generally been neglected and poorly understood. That’s in part reflective of the DOC’s byzantine structure: it’s a seeming grab-bag of agencies that either don’t fit in neatly with any other department, or are located within the DOC as a result of 20th century political knife-fights.
April 14, 2022
cryptocurrencyEthics in GovernmentFederal ReserveFinancial RegulationFintechRevolving Door
Michael Barr is the Wrong Man to Stop the Next Financial Crisis
Over a decade after the financial crisis, few would still dispute that the revolving door between financial regulators and the financial industry helped pave the way for economic disaster. In the years preceding the crash, regulators who came from the country’s largest banks and planned to promptly return to them, removed regulatory restraints and turned a blind eye to the predictably dangerous effects (see, e.g. Robert Rubin and Alan Greenspan). In the next administration, different regulators drawn from the same well let the fraudsters off the hook and left the working people who had fallen victim to them out to dry.
April 13, 2022 | Revolving Door Project Newsletter
Conflict Is Key
If you’ve followed the Revolving Door Project for any length of time, you will be aware that we believe the Biden administration and the Democratic party need to fight harder for the public interest and do much more to ensure the public is aware of its efforts. Specifically, it is core to the project’s theory of politics that successful political leaders must not only govern effectively, but drive attention to their work by creating conflict. You can see this thread weaving through almost all of our work, but various members of our team have articulated it most clearly here, here, and here.
April 12, 2022
Corporate Crackdown Updates: 4/11/22
Rohit Chopra’s CFPB walked the walk after his incredible speech at the University of Pennsylvania last month.
April 12, 2022
Want To Show That Dems Have Learned Nothing Since 2008? Give Michael Barr A Fed Seat
“Michael Barr was too close to fintech and cryptocurrency schemers to be the Comptroller of the Currency, and he is still too close to them to be Vice Chair for Supervision.”
April 12, 2022 | The American Prospect
cryptocurrencyEthics in GovernmentFinancial RegulationRevolving Door
Biden Must Block Crypto’s Access to the Revolving Door
Fortunately, Biden has the means to stop at least one aspect of crypto’s campaign in its tracks. Through an executive order, he can cut off crypto’s access to the revolving door by barring the officials who are involved in developing regulations for the digital assets industry from working for it for at least four years. By rights, it should be a bare-minimum anti-corruption standard.
April 11, 2022
Letter to Senate Judiciary Committee: Scrutinize Commerce Secretary Gina Raimondo's Refusal To Release Her Calendars
April 08, 2022
The Stakes Are High For The EPA’s Newly Appointed Chemical Review Director
Denise Keehner is expected to start on Monday as the Environmental Protection Agency’s new director of the Office of Pollution Prevention and Toxics (OPPT), Bloomberg Law reported last week. Keehner is a former EPA official currently employed by Maryland’s Department of the Environment.