Our Blog

Clear All Filters

April 25, 2022 | The New Republic

Mekedas Belayneh

Op-Ed

ClimateExecutive BranchIndependent AgenciesUSPS

How Biden Can Halt the U.S. Postal Service’s Gas-Guzzling Plan

Just days after his inauguration, President Biden promised to use the federal government’s procurement authority to achieve a zero-emission fleet of government vehicles. This spring, however, that’s led to a standoff with the United States Postal Service—an independent agency overseen by a Trump-aligned postmaster general who wants to replace 225,000 out-of-date mail delivery trucks with fresh gas-guzzlers, to the tune of $11.3 billion.

April 25, 2022 | The American Prospect

Max Moran Fatou Ndiaye

Op-Ed

Congressional OversightPharma

Where's The Congressional Champion On Pharma Patent Abuses?

But for all of this, neither party’s congressional leaders have directly challenged the main legal mechanism that accounts for those high costs—namely, intellectual property. You’d think members of Congress would recognize the political salience of picking a fight with one of the most hated industries in America. So why isn’t anyone on Capitol Hill even talking about intellectual property’s role in driving high drug prices, and taking the PTO to task to do something about it?

April 19, 2022

Aidan Smith

Blog Post

Congressional OversightCorporate CrackdownExecutive Branch

How The Department Of Commerce Can Combat Economic Malaise

Responsible for creating “conditions for economic growth and opportunity,” the full powers of the DOC must be leveraged to combat economic malaise. Since the modern department was established in 1913, the DOC’s powers have generally been neglected and poorly understood. That’s in part reflective of the DOC’s byzantine structure: it’s a seeming grab-bag of agencies that either don’t fit in neatly with any other department, or are located within the DOC as a result of 20th century political knife-fights. 

April 14, 2022

Eleanor Eagan Timi Iwayemi

Blog Post

cryptocurrencyEthics in GovernmentFederal ReserveFinancial RegulationFintechRevolving Door

Michael Barr is the Wrong Man to Stop the Next Financial Crisis

Over a decade after the financial crisis, few would still dispute that the revolving door between financial regulators and the financial industry helped pave the way for economic disaster. In the years preceding the crash, regulators who came from the country’s largest banks and planned to promptly return to them, removed regulatory restraints and turned a blind eye to the predictably dangerous effects (see, e.g. Robert Rubin and Alan Greenspan). In the next administration, different regulators drawn from the same well let the fraudsters off the hook and left the working people who had fallen victim to them out to dry.  

April 12, 2022 | The American Prospect

Timi Iwayemi Eleanor Eagan

Op-Ed

cryptocurrencyEthics in GovernmentFinancial RegulationRevolving Door

Biden Must Block Crypto’s Access to the Revolving Door

Fortunately, Biden has the means to stop at least one aspect of crypto’s campaign in its tracks. Through an executive order, he can cut off crypto’s access to the revolving door by barring the officials who are involved in developing regulations for the digital assets industry from working for it for at least four years. By rights, it should be a bare-minimum anti-corruption standard.

April 06, 2022

Eleanor Eagan

Blog Post

Ethics in GovernmentFederal Reserve

Congress Should Heed the Lessons from the Federal Reserve's Ethics Scandals

After a stream of stories throughout the pandemic revealed seemingly rampant congressional insider trading, laughable disclosure practices, and nonexistent enforcement, Congress appears finally to be feeling the pressure to clean up its act. In recent weeks, lawmakers have introduced a flurry of new bills to limit conflicts of interest and help restore public trust in our governing institutions.

As they begin to forge a piece of consensus legislation, they should consider that members of Congress were not the only political leaders to violate public trust throughout the pandemic period. The trading scandals within the Federal Reserve system, for example, revealed material ethical deficiencies that have yet to be satisfactorily addressed. It’s important to recognize that these deficiencies are not unique to the Federal Reserve and that they represent an ongoing threat to public trust in other powerful corners of the executive branch as well. To rebuild that trust in government, lawmakers must learn the lessons of the Federal Reserve scandals and develop fixes for these deficiencies there and elsewhere.

April 05, 2022

Dylan Gyauch-Lewis Andrea Beaty

Blog Post

Anti-MonopolyDepartment of JusticeFTCGovernment Capacity

Putting Biden’s Antitrust Budget Increases In Context

The federal government may no longer be operating under the onus of Trump-era austerity, but agencies across the federal government are still far from having the resources they need to quickly and effectively fulfill their responsibilities to the American people. For the most part, President Biden’s proposed FY 2023 budget fails to fill that gap. However, increased funding for antitrust regulation is one of the bright spots in an otherwise uninspired budget. As we have covered in the past, both the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division (ATR) saw staffing levels stagnate and budget allocations that did not keep pace with inflation or GDP growth.