Our Blog

Most of Barr’s holdings are in firms backed by Nyca Partners, a fintech-focused venture capital fund built by Wall Street and Silicon Valley veterans which Barr has advised for years. 

The hearing was a golden opportunity for Congress to actually hold a corporation to account for its objectively horrendous and potentially illegal behavior. On an ostensibly bipartisan issue like the opioid epidemic, one could be forgiven for thinking that the hearing would do just that.

In March, six months after the start of Fiscal Year 2022, Congress finally passed an omnibus funding agreement that brought agencies out from under the shadow of Trump-era austerity (although still fell far short of enacting the funding levels that most agencies require to meet their responsibilities to the public). Critically, in the case of at least one agency, the omnibus did not just grant the money to hire new staff, but the means to do so much more quickly. At the Internal Revenue Service (IRS), Congress greenlit the use of direct hiring authorities to empower the agency to temporarily forgo some of the more onerous aspects of the federal hiring process as well as to facilitate a quick rebuilding of the IRS’ notoriously depleted ranks. With this designation, Congress acknowledged that staff shortages at the IRS had reached a state of emergency and thus acted accordingly. 

Closing in on toxins, the EPA is ramping up its enforcement by banning the use of weedkiller diuron and increasing its detection of PFAS chemicals in public water. Plus, the SEC’s new ‘Cyber Unit’ and DOL officials are keeping a close eye on the inclusion of cryptocurrency in Fidelity’s 401k plan.

The news today that Anita Dunn will return to the White House as a senior advisor makes clear that her involvement with this administration was never credibly temporary.

enforcing the U.S. tax code. Much has been written regarding the IRS’ gutting over the years. The agency has been systematically defunded, deresourced, and attacked by political operatives for decades, at a grave cost to the basic functionality of our government, and to the benefit of only the richest Americans. These trends were only exacerbated under the Trump administration, which was hyper-focused on dismantling the tax system to benefit its corporate and billionaire cronies. Unfortunately, the Trump administration’s destructive influence remains pervasive throughout the IRS, with Trump’s Commissioner, Charles Rettig, still installed as the governing head of the agency while finishing a 5-year term (at the pleasure of the president) set to expire in 2022.

Dan Tangherlini and Trump alum Derek Kan are unlikely to oust DeJoy if confirmed to the Postal Board.

In his gig as a global health consultant at a powerful D.C. business strategy firm that has financial ties to one of the two major COVID-19 vaccine manufacturers, Jha has kept his client roster under wraps despite publicly promising to release a client list.

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.

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.