January 29, 2024 | The Sling
Inflation is falling, but Jerome Powell has nothing to do with it. Our democracy and climate face mounting instability—and he has everything to do with that.
January 26, 2024
The FTC has won its lawsuit against Martin Shkreli, the pharmaceutical executive infamous for jacking up the price of the antiparasitic drug Daraprim from $13.50 to $750 overnight in 2015 and later using his ill-gotten fortune to buy an exclusive Wu-Tang Clan album for $2 million. Shkreli is the quintessential corporate ghoul, having already racked up convictions for securities fraud—which resulted in an indefinite ban from the securities industries—and failure to pay $1.26 million in New York state taxes. Now, his price gouging has finally caught up with him, as the FTC successfully argued that he spearheaded an anti-competitive scheme to monopolize the drug. The presiding judge found Shkreli’s conduct to be “egregious, deliberate, repetitive, long-running, and ultimately dangerous,” issuing a $64.6 million fine and imposing a lifetime ban from the pharmaceutical industry.
January 26, 2024 | The American Prospect
Accounting’s technical jargon makes the industry obscure to most Americans. It’s likely your next-door neighbor has no idea of the PCAOB’s activities, its responsibility to protect investors, or its history of negligence. That’s expected, but chair Williams is now working to turn the ship around to fix the shortcomings of one of America’s most consequential oligopolies, and it will improve the economic lives of an unaware public.
January 24, 2024 | Revolving Door Project Newsletter
Fox News Doesn’t Like Us Pointing Out Underutilized EPA Powers
You know you’re doing something right when Fox News is mad about it. So I guess we can count Fox’s vexed coverage of the coalition letter that we and 146 other organizations sent the Environmental Protection Agency last week as a sign that we’re ruffling the right feathers.
January 24, 2024
Press Release: The Revolving Door Project Calls On Senate To Delay Confirmation Of Sean Patrick Maloney Until Crypto Ties Can Be Investigated
The Senate Foreign Relations Committee Waved Maloney Through Without So Much As A Whisper About His Connections To Coinbase, The Cryptocurrency Firm That Has Employed Him Since His Nomination Was Announced.
January 24, 2024
RDP Research Assistant KJ Boyle joined the Majority Report with Sam Seder to discuss his piece in The New Republic titled Donald Trump Is No Friend to the Working Class.
January 19, 2024
The Republican Attorneys General Association (RAGA) is a national organization dedicated to electing and reelecting state-level Republican Attorneys General. It is a partisan political organization, but it also functions as a dark money influence machine selling access to AGs, their staff, and their offices.
January 17, 2024
The Environmental Protection Agency Is Deferring to Louisiana on Environmental Protection. What Could Go Wrong?
In a recent delegation of power over climate regulation, Biden’s executive branch is denying its power to make an impact on issues affecting constituents’ everyday lives.
January 16, 2024
RELEASE: Nearly 150 Groups Urge White House to Fully Review FERC's Disastrous Approval of PNW Pipeline Expansion
As Bloomberg reported on Tuesday morning, the Revolving Door Project and 146 other organizations sent a letter today urging the U.S. Environmental Protection Agency (EPA) to intervene in response to the recent approval of a widely opposed pipeline expansion project in the Pacific Northwest.
January 16, 2024
147 Groups Call On EPA To Use Clean Air Act Powers to Refer PNW Pipeline Approval to CEQ For Review
On January 16, Bloomberg covered a letter from 147 groups that the Revolving Door Project co-organized with the Center for Biological Diversity and Columbia Riverkeeper, calling on the Environmental Protection Agency to utilize its Clean Air Act Section 309 powers to refer the Federal Energy Regulatory Commission’s approval of the GTN Xpress pipeline expansion to the White House Council on Environmental Quality for review. FERC’s approval of the pipeline disregarded both the National Environmental Policy Act (NEPA), and legally-binding state-level decarbonization commitments in Washington and Oregon.
January 12, 2024
AI Evangelists Won’t Stop Highlighting The Danger Of Their Technology. Can 2024 Be The Year Journalists Stop Parroting Their Claims?
The zero-interest-rate epoch of Silicon Valley is over, and with it, startup grifters are working overtime to ensure their promises of technological revolution are worthy of investment. Can the media learn something from the crypto bubble and start interrogating those espousing revolutionary technological progress?
January 10, 2024
Learning about the federal government’s budget process can be daunting. Here are a few key terms to help better understand of the federal budget process as of late.