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May 27, 2020

Erica Jung

Blog Post

2020 Election/TransitionCampaign Finance

What Might a Biden Administration’s Policy Towards India Look Like?

Former Vice President and current Democratic presidential nominee Joe Biden has often boasted of his considerable foreign policy experience, having served on the Senate Foreign Relations Committee and played an active role in the Obama administration’s foreign policy making. Throughout the 2020 primary, however, Biden’s foreign policy agenda rarely featured. A closer look reveals significant cause for concern. While Biden seeks to show that his foreign policy platform would be more progressive than that of Trump’s, his record has weak spots when it comes to far-right Indian nationalism.

May 20, 2020

Eleanor Eagan Jeff Hauser

Blog Post

Congressional OversightEthics in GovernmentRevolving Door

The Revolving Door Project Responds to Coronavirus

In the space of just a few weeks, the coronavirus outbreak has called into question almost every aspect of the political consensus of the last few decades. As it turns out, selling government for parts (aka “privatizing” or “reinventing” government), rolling back regulations, starving governing bodies of resources, and holding those who attempt to serve the public good in contempt, has left us exceedingly vulnerable.

May 20, 2020 | Talking Points Memo Cafe

Miranda Litwak

Op-Ed

Anti-Monopoly

We Can’t Let Him Get Away With It: Trump Chose Wall Street Over Main Street

In an advertisement released earlier this month, the Lincoln Project, an anti-Trump PAC, claimed that the Trump administration bailed out big banks via its coronavirus stimulus legislation (the CARES Act), leaving Main Street to suffer the effects of the pandemic. “Trump bailed out Wall Street, not Main Street,” a grim voice-over tells the viewer. President Donald Trump quickly took to Twitter hurling insults at the leaders of the PAC. Soon after, Politifact reported the advertisement’s claim was false, and Facebook subsequently labeled the advertisement “partially false.” But the Lincoln Project’s statement is true by any measure: The Trump administration played a central role in crafting the CARES Act, a piece of legislation that has bailed out Wall Street and not Main Street. The designers of the CARES Act must be held responsible for their actions.

May 14, 2020

Andrea Beaty

Blog Post

Anti-Monopoly

Bezos Conveniently Ignores Congress’s Call to the Hot Seat

In late April, Amazon caught heat from members of the House Judiciary Committee for seemingly lying about the company’s use of data on third party vendors selling in Amazon’s marketplace. Contradicting Amazon in-house counsel (and former DOJ Antitrust official) Nate Sutton’s sworn testimony on the subject in July of 2019, the Wall Street Journal broke the story on April 23rd that Amazon is using proprietary information generated for third-party sellers on the platform to develop its house-brand products.

May 11, 2020

Eleanor Eagan

Blog Post

2020 Election/TransitionCampaign Finance

Biden's No Trumpian Real Estate Tycoon, But Still Receives Heavy Real Estate Backing

With real estate tycoon Donald Trump in the White House, the average American is likely more aware than ever of the many ways the federal government helps to subsidize real estate profits. As the average person increasingly struggles to pay rising housing costs with stagnating wages, real estate giants make out like bandits with the help of tax loopholes and direct subsidies. Already a matter of pressing national concern, this stark disparity is only likely to become more salient in the coming months as the pandemic sheds light on the risks of our housing system’s precarity and undermines many people’s fragile grip on housing stability.

May 11, 2020

Joshua Timi Iwayemi

Blog Post

2020 Election/TransitionCampaign Finance

Diplomacy by Donors

On December 18, 2019, the United States House of Representatives impeached President Donald Trump for withholding military aid from Ukraine as a means to pressure Vladimir Zelensky to investigate Democratic presidential candidate, Joe Biden. One of the key figures in this scandal was Gordon Sondland, then ambassador to the European Union. Sondland had limited diplomatic experience before his appointment, but he had the privilege of donating $1 million to President Trump’s inaugural committee.

May 11, 2020

Miranda Litwak

Blog Post

2020 Election/TransitionCampaign FinanceTech

Biden's Ties to Immigration Enforcement Run Through BigTech

As we creep closer to November’s election, Democratic politicians–progressives and moderates alike–have largely fallen in line behind presumptive Democratic nominee Joe Biden. Even so, Biden must earn the vote of many progressive voters who are wary of his pro-corporate leanings. While Biden showed promise by teaming up with Sanders’ campaign on policy, there is still cause for grave concern. Just last week, the public learned that Larry Summers was advising the Biden campaign. Last month Biden’s donors put out a list of ideal candidates for senior-level administration positions, which included Wall Street big wigs such as BlackRock CEO Laurence Fink, Blackstone executive Tony James, and investment banker Mark Gallogly. Biden’s wealthy donors must be monitored in order to prevent corporate interests from capturing his transition-planning effort.

May 11, 2020

Eleanor Eagan

Blog Post

2020 Election/Transition

Presidential Power Map Provides Road Map to Potential 2020 Transition

The Revolving Door Project’s “Presidential Power Map” provides an easy-to-understand snapshot of 2020 Democratic presidential primary candidates’ support by sector. By breaking down high-dollar support in this way, this tool encourages users to draw direct lines between big money fundraising and a president’s choices regarding personnel and executive power. Using the “Presidential Power Map,” members of the Revolving Door Project’s team have begun to tease out these connections and to consider what they might mean for the composition and priorities of a future administration.

May 11, 2020

Mariama Eversley

Blog Post

2020 Election/TransitionPrivate Equity

Will Biden Rein in Private Equity’s Hold on Healthcare?

Private equity firms play an increasingly central role in financing the healthcare industry. These firm’s investments in healthcare include everything from hospitals to ambulance transport companies to specialized medical services. The industry’s encroachment into healthcare is increasing costs, especially in circumstances where patients have few choices and are in need of immediate medical attention.