August 07, 2020 | The American Prospect
A Day One Agenda for Private Equity
Over the past decade, private equity has creeped and crawled into all corners of our lives. Everywhere you look across our ruinous, virus-riddled landscape, private equity is there. It is behind many of the understaffed and underprepared nursing homes through which COVID-19 tore, the surprise medical bills that will greet those lucky enough to make it home, and the evictions sending people out onto the streets amidst a global pandemic. It is also getting ready to pounce on many of the high-profile companies to have fallen since the pandemic’s onset.
August 07, 2020 | The Intercept
On Climate Policy, Biden’s Advisers Reveal More Than His Proposals Do
Several of Biden’s informal advisers and confidants on energy policy are veterans of the Obama administration’s “all of the above” strategy, which embraced fossil fuel development and technologies like fracking while publicly trumpeting clean energy commitments.
August 05, 2020 | The American Prospect
The Big Tech Hearings Could Be a Model for Corporate Accountability
In 2018, Democrats ran and won on a platform to hold President Trump and his cronies accountable. Many observers expected to be treated to a full schedule of oversight programming in the succeeding Congress, with a nearly endless stream of smug incompetents being caught in their lies and obfuscations. Some even dared to hope that the oversight fervor might spill over to another breed of smug incompetents: corporate CEOs. But, alas, the promised enthusiasm for oversight never seemed to materialize, let alone spread to new targets. (As usual, House Financial Services Committee chairwoman Maxine Waters, who confronted big bank CEOs within months of assuming control of her committee, stands out as a rare exception).
August 04, 2020
Revolving Door Project Comments on OCC's Proposed Rulemaking on Digital Activities
As numerous civil rights and racial justice organizations have highlighted, changes to the Office of the Comptroller of the Currency’s (OCC) regulations on digital activities are likely to have far-reaching consequences as it regards economic and racial equity. Specifically, these changes risk leading to disparate impact, “digital redlining, “predatory inclusion,” and enhanced surveillance. Given the seriousness of this rulemaking’s potential consequences, the OCC should do all that it can to ensure that the public has the utmost confidence in the integrity of the rulemaking process. Sadly, in allowing that process to move forward under the leadership of an acting official with severe conflicts of interest, the Office is rendering public trust in it impossible.
July 31, 2020 | New Republic
The Future Of Trust-Busting Is In Joe Biden's Hands
Overall, it was a rout in favor of the anti-monopoly movement. So policy-wise, what does it all mean going forward? Almost nothing, unless Joe Biden appoints strong personnel.
July 30, 2020
Dozens of Groups Urge Biden to Stand Against Corporate Conflicts of Interest
July 29, 2020 | Talking Points Memo
Today’s Congressional Hearing Will Test Big Tech’s Simplest Algorithm: If An Ex-Regulator, Then Hire
The tech companies set to testify before the House today knew for years that a reckoning was in the works. They’ve been building up their defenses, and a key component of that defense is the antitrust enforcement officials who take a trip through the revolving door to the benefit of corporate clients.
July 29, 2020
To Rebuild Public Trust, Close the Revolving Door
We, the undersigned organizations, call on the winner of the next presidential election to commit not to appoint any individual to a senior policy role in an agency or department with authority over any industry in which that individual held a senior position or served in an advisory capacity within the last five years. We also urge that, if applicable, such individuals be excluded from positions with jurisdiction over personnel matters during the transition.
July 28, 2020 | American Prospect
The 277 Policies For Which Biden Need Not Ask Permission
On their own, none of these 277 policies will fully solve any of the interlinked crises we now face. But they can go a significant way toward immediate harm reduction. Some can even solve long-standing problems, simply by enforcing or fully implementing laws already on the books.
July 28, 2020
House Must Grill Tech CEOs About Hiring Through The Revolving Door
We urge the Antitrust Subcommittee to aggressively question each CEO about their hiring practices, and pass sweeping ethics reforms to close this revolving door once and for all.
July 27, 2020
Building a Federal Workforce that Works for All
By quietly capturing key positions throughout the executive branch, corporate America has reshaped the rules that govern our economy. RDP regularly calls attention to these oft-overlooked corporate allies to increase the political costs of politicians’ consequential personnel concessions. At the same time, we are leading the way in envisioning an alternative model — one in which political appointments go to a more representative, public-interest minded class of leaders — and charting how we get there. As important as this work is, however, it alone will not be sufficient to remake government for the people. Even the most committed, effective leaders can do very little to advance the public interest if the institutions they lead are broken. And our governing infrastructure is crumbling. After years of attacks from both sides of the aisle, the federal government is able to do less overall and to do what it still does less effectively. This is not, as some would have you believe, an inherent failure endemic to “Big Government” but the opposite — ineffectiveness is the direct result of disinvestment.
July 24, 2020
House Democrats Must Do More to Hold Trump's Cabinet Accountable
During the 2018 midterms, Democrats promised to act as a much-needed check on a lawless president. Over a year and a half later, however, it is evident they have failed. From the moment House Democrats took control, Revolving Door Project (RDP) has been watching to see that they uphold their promises ready to elevate examples of good oversight and highlight areas where they were falling short. Unfortunately, there have been very few opportunities to do the former and an abundance of examples of the latter.
July 24, 2020
Cabinet Oversight Tracker
For each member of Trump’s Cabinet, the Cabinet Oversight Tracker records the date on which they last testified before their House committee of jurisdiction, the total number of times they’ve testified before that committee since January 2019 and the number of days they have gone without testifying.
July 21, 2020 | Sludge
Kamala Harris' Deep History Of Letting Facebook Off The Hook
One does not often rise through California politics at Harris’ speed without making some concerning friends in Silicon Valley.
July 18, 2020 | Washington Monthly
Better Policy Ideas Alone Won’t Stop Monopolies
Over the last four years, new voices in the Democratic Party have been calling for policies that push back on established power structures. The growing anti-monopoly movement is a major part of this populist uprising—aimed at breaking up the corporate giants that dominate large swaths of the economy.