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June 13, 2022

Toni Aguilar Rosenthal

Blog Post

Almost Half Of U.S. Attorney’s Offices Have No Permanent Nominee. Where’s Biden’s Urgency?

This month President Biden nominated five additional people to helm the 93 districts of the Office of the United States Attorney. These five nominees brought Biden’s total nominations for the office up to just 53 out of 92 nominees for the office, or a little more than half. The vast majority of these nominations have occurred in states with a Democratic Senatorial delegation with many of these seats held hostage by Republicans wielding a racist Senate tradition to arbitrarily obstruct the process and these crucial seats nationwide. Now, nearly a year and a half into Biden’s presidency, the fact that almost half of these positions are still left without a nominee is a glaring indictment of Biden’s failure to prioritize these critically important positions. 

June 13, 2022

Toni Aguilar Rosenthal Mekedas Belayneh

Blog Post

FDAGovernment CapacityIndependent Agencies

The Decades-Long Food Failure at the FDA

In 2008, a deadly salmonella outbreak from contaminated peanut products killed nine and sickened over 700 people. In the aftermath, the peanut executives who poisoned people with food they knew was contaminated received decades-long prison sentences, an all-too-rare case of a corporate criminal being held responsible for the harm they caused. Contemporary public outrage also helped to fuel a push for more structural reform to the food safety regulatory system as a whole. Shortly after the outbreak, the Obama administration began whipping bipartisan congressional support for the Food Safety Modernization Act (FSMA), which sought to prevent future food safety crises by expanding and strengthening the Food and Drug Administration’s (FDA) authority over food. FSMA ultimately passed both the Senate and the House by wide margins and enjoyed broad public support when finally enacted in 2011. 

June 08, 2022

Timi Iwayemi

Press Release

cryptocurrencyFinancial RegulationFintechIndependent Agencies

RELEASE: Lummis-Gillibrand Crypto Bill Is An Irresponsible Handout To The Crypto Industry

“The industry carve outs in this bill are a reminder of the danger of corporate influence in our political system. The crypto industry’s leading figures have spent enormous amounts to shield the industry from proper financial oversight. This money has been funneled towards revolving-door hiring of former CFTC officials, formation of super PACs, and congressional campaign donations. The industry has also bemoaned the SEC’s robust regulatory posture, decrying it with the self-defeating ostensible insult of ‘regulation by enforcement.’ That supposed criticism merely underlines the urgent need for the SEC to act. Existing law is clear, and it mandates that the SEC enforce existing statutory and regulatory limits that crypto bros have brazenly broken on the assumption that they will be able to buy clemency before they are sanctioned appropriately.”

June 06, 2022

Dorothy Slater

Press Release

ClimateExecutive Branch

RELEASE: Revolving Door Project Applauds Use Of Defense Production Act For Clean Energy Projects

In response to the Biden administration’s announcement that it will activate the Defense Production Act to spur domestic production of crucial clean energy projects including solar panel parts, building insulation, heat pumps, and power grid infrastructure, Revolving Door Project Senior Researcher Dorothy Slater released the following statement:

June 06, 2022 | The American Prospect

Timi Iwayemi

Op-Ed

cryptocurrencyEthics in GovernmentFinancial RegulationFintech

Sam Bankman-Fried’s Multimillion-Dollar Game

A leading voice in this push is Sam Bankman-Fried, 30-year-old CEO of crypto trading exchange FTX. Christened by some as a crypto prince and others as Washington’s aspiring kingmaker, Bankman-Fried has in the past year developed an extensive crypto policy agenda that entails revolving-door hiring of former CFTC officials, formation of super PACs, and congressional campaign donations.

June 01, 2022

Jeff Hauser

Press Release

2020 Election/TransitionDepartment of JusticeEthics in GovernmentIndependent Agencies

With Jan. 6 Public Hearings on the Horizon, Garland Must Deliver Actual Accountability

“From Gerald Ford’s pardon of Richard Nixon, to George H.W. Bush’s pardons of the Iran-Contra scandal’s architects, to Eric Holder and Lanny Breuer’s acquiescence to the financial fraudsters who generated the Great Recession, America has seen a precipitous decline in equality under the law.”

May 17, 2022

Mekedas Belayneh Dorothy Slater

Blog Post

ClimateExecutive BranchIndependent Agencies

One Weird Trick To Prevent the TVA From Building New Gas Plants

The Tennessee Valley Authority, an independent agency of the federal government which acts as a public utility for over 10 million residents in and around Tennessee, announced in March that it would replace two aging coal-fired power plants with gas-powered plants. As the nation’s largest public utility company, the move goes against Biden’s goal to achieve a clean energy grid by 2035. TVA could be leading the charge for renewables, but its fossil fuel CEO Jeff Lyash, who comes out of fossil fuels, is instead choosing to lock in polluting gas for decades. This does not have to be the case.