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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

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 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 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.

May 20, 2021

Nika Hajikhodaverdikhan

Blog Post Criminal JusticeDepartment of Justice

What Biden & Garland’s DOJ Must Do to Monitor & Curb Police Misconduct

Policing, anti-black, anti-immigrant, ableist, and capitalist at its core, was designed to be outside of the scope of the law. The deployment of federal law enforcement officers in unmarked vans to abduct and detain Black Lives Matter protestors in Portland, Oregan during last summer’s national uprising over police killings demonstrates the extreme nature of rogue American policing. Police prerogative power, as the expression of the state’s legalized violence to enforce public docility at its will, is embedded in US governance. Couple that with qualified immunity, police contracts & unions, police bill of rights, and whatnot, law enforcement are shielded from disciplinary actions.

May 17, 2021

Fatou Ndiaye

Blog Post 2020 Election/TransitionIntellectual PropertyPharma

Revolver Spotlight: Kevin Rhodes

When choosing the next PTO director, the Biden administration should rule out those who have a history of prioritizing profits and corporate interests over public health and safety. One such individual is Kevin Rhodes, an ally of Big Pharma who has vigorously defended efforts to keep drug prices high. His current employer, 3M, has abused its monopoly on the military earplug market to sell overpriced and faulty products to veterans. This should be immediately disqualifying for any future PTO director. Here are a few of the most alarming aspects of Kevin Rhodes’s career:

May 13, 2021

Henry Burke

Blog Post 2020 Election/TransitionGovernment CapacityIndependent Agencies

100 Days in Office and Biden is Outpacing Obama

Presidents are only as effective as the administrations they assemble. FDR’s “brain trust,” for example, drove his effective first term. As President Biden seeks to surpass his predecessors’ accomplishments and become the most effective president of the past 60 years, the staff with whom he surrounds himself are essential. For over a thousand members of his team, Senate confirmation stands between them and the critical task ahead, making it crucial that Biden quickly make nominations to get these senior leaders working towards his vision as soon as possible. As the traditional post-New Deal metric of how a young administration is performing, the 100th day in office is a chance to look back on the Biden administration’s progress thus far and compare it to the Obama administration.

May 13, 2021 | The American Prospect

Max Moran Dorothy Slater Zena Wolf

Op-Ed 2020 Election/TransitionClimate and EnvironmentEthics in GovernmentFinancial Regulation

Plumbing The Depths At The SEC

Progressives have generally seen Gary Gensler, the newly confirmed chair of the Securities and Exchange Commission (SEC), as a loyal advocate for the public interest. His tenure at the Commodity Futures Trading Commission (CFTC) was one of the few bright spots in Barack Obama’s financial regulatory regime. But in April, Gensler named Alex Oh to be his director of enforcement, before she resigned a week later amid negative media attention. Before joining the SEC, Oh had directly facilitated an ExxonMobil executive’s obstinate deposition testimony (reportedly read off an attorney-drafted script) in the face of plaintiff objections—and the case itself centered on accusations of torture, rape, and murder by ExxonMobil-hired guards in an Indonesian village.