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April 26, 2023 | Revolving Door Project Newsletter
Tyranny, Thy Name is SCOTUS
We can be forgiven for thinking that Clarence Thomas set a high-water mark for judicial corruption that would be hard for his colleagues to surpass. Just yesterday, a new investigation from The Intercept and the Project on Government Oversight deepened what we know of Thomas and billionaire donor Harlan Crow’s financial ties, highlighting how Crow purchased a second citizenship in the tax haven island nation of St. Kitts and Nevis, which makes tracking Crow’s financial transactions—including his gifts to Thomas—extremely difficult. The investigators point out that this will complicate Senate Finance Committee Chair Ron Wyden’s request that Crow provide evidence that he “complied with all relevant federal tax and ethics laws.” Nothing worrisome about a top U.S. justice being financially entangled with a billionaire who changed his citizenship to evade U.S. law!
April 26, 2023
Memo To Reporters: What The Fed's Self-Investigation Must Explore To Be Credible
The Fed report is being written by Vice Chair for Supervision Michael Barr, whose own failures ought to be among the report’s focuses.
April 25, 2023 | Common Dreams
Dylan Gyauch-Lewis Toni Aguilar Rosenthal
Op-Ed Congressional OversightEthics in GovernmentSupreme Court
Clarence Thomas and Democratic Fecklessness
Earlier this month, ProPublica released a report documenting decades of undisclosed lavish gifts Justice Clarence Thomas and his family received from Republican mega-donor Harlan Crow. These gifts included a yacht trip around Indonesia, flights on Crow’s private jet, free stays at Crow’s private country club, and more. One week later, the news outlet published a follow-up report detailing how Thomas also sold property to Crow without disclosing it. Thomas’s mother has continued to reside at that property rent-free while Crow funds significant renovations.
April 21, 2023
The Case Of Too Many 'Flations
April 21, 2023
Rescinding Trump’s Shields For Non-Bank Financial Firms Is A Crucial First Step
Rolling back Trump’s framework just means that FSOC is allowing itself to see the financial system through a realistic lens.
April 20, 2023 | The American Prospect
Exxon’s Unethical Supreme Court Play
As the revelations of Supreme Court Justice Clarence Thomas’s flagrant corruption continue to unspool, scrutiny of the weak ethics rules binding the Court has intensified. The Senate Judiciary Committee is supposed to oversee the Court, but it has proven itself not remotely up to the task of rooting out judicial corruption. And amid this disturbing situation, a Supreme Court conference this Friday provides an opening for Court conservatives to try to game their few ethical limits in plain sight.
April 19, 2023
Amid Reports of Block’s Alleged Criminality, How Does Board Member Larry Summers Manage His Multiple Corporate Engantlements?
It’s high time that members of the press who regularly turn to Summers for his views on the economy begin questioning him on how he is able to adequately perform his multiple advisory roles and moreover, why there is a pattern of illegality at firms he advises. Or they could simply toss him to the aether, and platform non-conflicted experts instead.
April 19, 2023
Biden's World Bank Nominee Oversaw An Anti-Competitive Price-Fixing Scandal
Mastercard has paid $3.2 billion since 2005 in fines and penalties for price-fixing, the fourth-highest total of any American company.
April 19, 2023
KJ Boyle Andrea Beaty Emma Marsano
Anti-MonopolyConsumer ProtectionDepartment of JusticeFTCGovernment CapacityIndependent Agencies
To Reverse Decades Of Neglect, Antitrust Agencies Need Robust Budgets
The FTC and the DOJ are still dealing with a deluge of corporate mergers, and still only have capabilities to challenge a handful of those actions each year. Restoring competition in the U.S. economy will require much more than slight increases in funding — these government agencies need monumental budgets to take on entrenched monopolies that have flourished with decades of lax enforcement.
April 18, 2023
How A Herbert Hoover Policy Got Wrapped Up In SVB And A Fed Opening
One of the flashing-red warning signs about SVB’s bad balance sheet was the huge cash advances it was taking out of the FHLBank system.
April 18, 2023 | The New Republic
2020 Election/TransitionClimate and EnvironmentDepartment of JusticeEthics in GovernmentGovernanceRevolving Door
The Ghost of a Trump Appointee Is Haunting Merrick Garland’s Justice Department
Tracing Clark’s lingering impact on ongoing litigation makes clear that the legacy of Trump’s Justice Department still haunts our governance and that failing to treat his cronies like the menace they are is worsening outcomes across the country. In some cases, Attorney General Merrick Garland is still carrying forward with the arguments Clark helped shape. In others, the Justice Department and its client agencies are at a critical juncture of having to decide whether to break from past positions or maintain continuity with positions they adopted during the Trump administration.
April 17, 2023 | RDP Newsletter
Is Larry Summers Exempt From Editors' Notes?
April 14, 2023
DOJ IN THE NEWS: Mid-April 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.
April 12, 2023 | Revolving Door Project Newsletter
This Era of Elite Impunity Must End
What is it called when one of the nine most powerful judges in the U.S.—a man whose title is literally Justice—has routinely accepted secret private jet rides and luxury yacht vacations from a billionaire right-wing mega-donor for over two decades? What does it mean that this was not disclosed, in violation of the Ethics in Government Act? If the ruling class wants the public to believe that the rule of law means anything to them, then the answer must be “breaking the law,” necessitating investigations, trials, and professional consequences.