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March 08, 2021

Dorothy Slater Max Moran

Blog Post 2020 Election/TransitionClimate and EnvironmentForeign PolicyPrivate Equity

Attn John Kerry: Mark Gallogly Is Loyal To Profit, Not Climate

John Kerry, President Biden’s international “Climate Envoy”, appears to want bold climate change policy. Kerry was a leader in developing the framework for the first UN climate talks in 1992, co-authored cap-and-trade legislation back in 2009 when it could have possibly been useful, and was a major driver of the 2015 Paris Agreement.

March 05, 2021

Eleanor Eagan

Blog Post Independent Agencies

The State of Independent Agency Nominations - Update for March 2021

It has been over a month since President Joe Biden assumed the presidency. So far, thirteen of his Cabinet picks have received Senate confirmation, while the remaining ten who will require it wend their way through the process. In the meantime, the administration continues to announce names for the nearly 4000 other positions it will need to fill. With only a few exceptions, however, picks for one class of appointment — to independent agency boards — have not yet been forthcoming. The Biden administration undoubtedly faces many competing priorities, but these nominations must rise to the top.

March 01, 2021

Press Release CoronavirusExecutive BranchForeign PolicyIntellectual PropertyJeff Zients

Zients Must Open-Source Vaccines To Prove Independence And Seriousness

As the United States approaches a full year of COVID-19-induced lockdowns, the Revolving Door Project and the Center for Economic and Policy Research called on the White House’s COVID-19 task force director Jeffrey Zients to demand that Pfizer, Moderna, and other American pharmaceutical firms open-source their COVID-19 vaccines.

February 26, 2021

Elias Alsbergas

Blog Post BankingExecutive BranchFinancial Regulation

Mark Zandi: The Worst Potential FHFA Regulator You’ve Never Heard Of

Almost every homeowner and most of the American mortgage-backed securities financial system is subject to the Federal Housing Finance Agency’s (FHFA) regulation. It oversees and guarantees the vast majority of mortgages bought and sold in the United States. The FHFA does this through quasi-public agencies, Fannie Mae and Freddie Mac, which buy mortgages from local banks that they bundle, chop up, and sell to investors. This arrangement ideally allows local banks to provide more and cheaper loans to potential homeowners by letting them sell their mortgage liabilities to the government, and gives investors access to relatively stable investment returns.

February 24, 2021

Press Release 2020 Election/TransitionDepartment of Justice

Revolving Door Project Sees Cause for Concern at Biden's Justice Department

At his confirmation hearings this week, Merrick Garland made admirable commitments to reinvigorate a beleaguered Justice Department and redirect its energies towards domestic terrorism, civil rights, and antitrust enforcement. His ability to deliver on those promises and more will depend on his resolve to break with tired norms where necessary and populate the Department’s highest ranks with unabashed champions for the public interest, not corporate apologists.

February 23, 2021 | Jacobin

Alex N. Press

Interview Anti-MonopolyDepartment of JusticeEthics in GovernmentRevolving DoorTech

INTERVIEW: Who Is Merrick Garland's Friend Jamie Gorelick?

Jamie Gorelick, a high-powered lawyer who defended the city of Chicago after the police murder of Laquan McDonald and sits on the board of Amazon, is a case study of the influence big corporate law firms wield behind the scenes in Washington — and she has friends like Merrick Garland in high places in the Biden administration. The Revolving Door Project’s Elias Alsbergas and Max Moran spoke with Jacobin’s Alex N. Press about what Gorelick’s ties to Garland could mean for the Biden Administration’s Justice Department.

February 22, 2021 | Responsible Statecraft

Brett Heinz

Op-Ed Executive BranchForeign PolicyRevolving Door

American Primacy On The Menu For Big Industry Donors At CNAS

The Center for a New American Security (CNAS), a foreign policy think tank with at least 16 alumni in the Biden administration, has repeatedly published reports that directly promote the interests of its donors — including defense contractors, fossil fuel companies, and foreign governments — without disclosing their support. These conflicts of interest raise larger questions about what CNAS’ core philosophy of “extending American power” truly means.

February 19, 2021

Eleanor Eagan

Blog Post 2020 Election/TransitionIndependent Agencies

Senate Must Clear Obstacles and Avoid False Tradeoffs

On January 20, Joe Biden was sworn in as the country’s 46th President. It will be months, even years, however, before all of the accompanying members of his administration are in place. With over 4000 positions to fill, the vetting and selection process necessary to stand up a new administration is formidable. Add to that the lengthy road to Senate confirmation for over 1000 of those picks and you have a recipe for dysfunction.