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June 14, 2021

Dorothy Slater

Blog Post Climate and EnvironmentFinancial RegulationRevolving Door

BlackRock’s New Hire Embodies The Polluting Giant’s Revolving Door Regime

Asset management giant BlackRock most recently made the news for buying up huge tracts of U.S. housing stock to become, essentially, a massive corporate landlord at the expense of all the rest of us. (Seems like they are learning a thing or two from private equity firm Blackstone, to which they formerly belonged, which is infamous for its predatory and downright evil infiltration of the housing market.)

June 10, 2021 | American Prospect

Max Moran

Op-Ed Federal ReserveFinancial RegulationRevolving Door

Jerome Powell Went Easy On Wall Street

Just as a president shouldn’t only be judged on whether or not they started a war, Fed chairs shouldn’t only be judged on whether they raised or lowered interest rates. That’s their most salient power, but they have other, more complex ways of affecting our lives. Financial regulation is one of the most important of these, and it’s one on which current Fed chairman Jerome Powell has failed badly.

June 09, 2021

Elias Alsbergas

Blog Post Department of JusticeEthics in Government

One Shockingly Easy Step For Government Transparency: Staff Pages

Anyone who’s ever filed a Freedom of Information Act request can tell you that the federal bureaucracy is shockingly opaque despite. This has real consequences for the public’s understanding of what their government actually does every day. Almost all public records requests require watchdogs to specifically identify documents and personnel they are interested in, often without knowing if those documents even exist or if those personnel even still work for the government. This poses a conundrum, however: how can watchdogs know what or whose records to request if they don’t even know who works in a department?

June 08, 2021 | The New Republic

Jeff Hauser Max Moran

Op-Ed Criminal JusticeDepartment of JusticeExecutive Branch

Merrick Garland Has Become Donald Trump's Legal Protector

On several key matters, Garland’s DOJ has concealed the full extent of Trump’s wrongdoing; kept thousands of immigrants from obtaining greencards, while flooding the immigration system with Trump-selected judges; expanded the scope of police power; ensured oil and gas profits for decades to come; and explicitly protected one of Trump’s most hated Cabinet secretaries from accountability.

June 02, 2021

Eleanor Eagan

Report Climate and EnvironmentFederal ReserveFinancial RegulationIndependent Agencies

Working Paper: New Federal Reserve Governors Must Deploy All of the Institution’s Tools to Advance the Public Interest

Over the course of the next eight months, Biden will have the opportunity to reshape the Federal Reserve Board of Governors with nominations for up to four of its seven seats, including the positions of Vice Chair of Supervision, Vice Chair, and Chair (listed in the order they will become vacant). In choosing nominees for these posts, it will be essential that Biden consider the full weight of the Federal Reserve’s immense power and select individuals who are ready and willing to deploy every ounce of it to advance the public interest.

June 01, 2021

Henry Burke

Blog Post

Government CapacityIRS

How Revitalizing the IRS Can Help Save Democracy

The Internal Revenue Service (IRS) is tasked with ensuring Americans follow tax laws. The IRS not only audits everyday Americans and foreign nationals with US tax liabilities but also maintains the power to investigate wealthy individuals and corporations for tax avoidance or other forms of malfeasance. Despite its crucial role in enforcing federal taxes laws (or, more aptly, because of this role), Republican austerity has systematically dismantled the IRS over the past decade.

May 28, 2021

Nika Hajikhodaverdikhan

Blog Post Criminal JusticeDepartment of Justice

How the DOJ Can Federally Document Every Fatal Case of Police Misconduct

The Arrest-Related Deaths (ARD) program — a federal tracking system to document cases of police homicide amid other manners of death emanating from the arrest process & the police interaction at large — held massive potential to further police oversight goals. Not only does re-establishing the ARD program require no legislation, but a template for a revised ARD program has been underway for over 6 years. The pilot study reconstructing the ARD’s methodology yielded a blueprint mapping out how the relaunched ARD program could operate by a hybrid system of open-source media mining and law enforcement agency surveying. Reactivating the ARD program in its contemporary version is one of the easiest & speediest proposals that the Biden administration & Garland’s DOJ can actualize on the matter of criminal justice reform — so, why aren’t they?

May 28, 2021

Andrea Beaty Henry Burke

Blog Post Anti-MonopolyFTCGovernment Capacity

Hobbled FTC Lacks Budget To Combat Corporate Buying Spree

Progressives have been encouraged by President Biden’s choices of anti-monopoly leadership in Lina Khan, Tim Wu, and (potentially) Jonathan Kanter. But in the interregnum between personnel announcements and actual confirmations, corporations are getting as many transactions done now as possible. And while the Biden Administration seems on the precipice of reining in the power of Big Tech and other monopolists soon, the FTC, one of the two agencies charged with enforcing antitrust law, continues to be hobbled by chronic underfunding.

May 27, 2021 | The American Prospect

Eleanor Eagan Elias Alsbergas

Op-Ed Department of JusticeEthics in Government

Justice Department Shot Through With Corporate Influence

The U.S. government is involved in hundreds of court cases each year, most of which are not followed closely. But the baseline assumption is that the government is defending the public interest and holding criminals accountable, even when most aren’t watching. Unfortunately, in Merrick Garland’s Justice Department, that is not uniformly the case. Key acting officials, drawn from the halls of corporate power, are riddled with conflicts of interest that are already affecting their ability to protect the public. If the Justice Department is to serve all Americans rather than bolster individual fortunes and entrench corporate power, Merrick Garland must stop elevating corporate attorneys who have gotten rich fighting on corporate America’s behalf.