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October 15, 2021
Appointing Google Health's D.C. Strategist Would Bring Risk To FDA's Credibility
Califf coordinates lobbying for major corporations — in his case, for Big Tech giants eager to get into the medical sector (and get into patients’ medical data.)
October 12, 2021
Is Brainard Responsible For The Fed's Oversight Failures? In A Word, No.
The deeper problem with this argument gets at one of the most fascinating, least discussed dynamics of the Fed: the fact that it is an extraordinarily top-heavy institution, perhaps more than any part of the federal executive branch.
October 07, 2021
Watchdogs Request Fed Leadership's Contacts With Ethics Office
“The malfeasance already in the public record is staggering. For the sake of government integrity, the public must learn how deep the rot goes at Powell’s Federal Reserve.”
October 07, 2021
Is the Federal Reserve’s Inspector General Really Independent?
The Revolving Door Project makes a point of watching independent agencies, those oft-overlooked entities, closely. As a result, we’ve had reason to give a great deal of thought to the purpose and meaning of “independence” in the agency context. As “independence” is invoked as a shield in other settings, that thinking may prove instructive.
October 06, 2021
Chevron Firm Which Hounded Donziger Has Allies In The Biden Administration
Alumni of Gibson Dunn, the law firm that helped Chevron go after Steven Donziger, have influential executive branch jobs under Biden.
October 05, 2021
Powell, Vice Chairs, And Regional Bank Presidents' Trading Demands Congressional Oversight
“Drastic action is necessary, because the prevailing assumption that what is going on at the Fed is a string of harmless, sloppy errors strikes us as wildly unsupported by the facts.”
October 04, 2021
Powell Misled Reporters About His Finances While Admitting To Lax Ethics Practices
Powell neglected to mention that he’d personally purchased shares that year in several actively-managed municipal bond funds, as a Revolving Door Project review of the Fed Chair and Vice Chairs’ 2020 financial disclosure forms shows.
October 01, 2021
As Biden Promises Sweeping Housing Action, Nearly 100 Personnel Vacancies Plague HUD
Despite pledging to address the homelessness crisis, the president has not prioritized staffing HUD with housing policy personnel.
September 30, 2021
Coalition Calls on DOJ to Give Kanter "Sufficient Independence and Discretion"
We write to you as a broad coalition of organizations committed to holding corporations that engage in anti-competitive behavior accountable. For far too long, Washington has sat by as technology industry giants have accumulated monopoly power at the expense of consumers and competitors alike. The nomination of Jonathan Kanter to serve as Assistant Attorney General for the Department of Justice Antitrust Division is a strong step toward turning President Joe Biden’s vision of an open economy into reality.
September 30, 2021
Powell And Vice Chairs Transacted Millions In 2020, While Brainard Made No Trades
The fact that the Fed’s current leadership team made or benefitted from multimillion dollar transactions contextualizes what we’ve seen at the Boston and Dallas regional banks: Chair Powell has facilitated a broad culture of lax ethical practices at the highest levels of the nation’s central bank.
September 29, 2021 | The American Prospect
How to Vaccinate the World
When United States Trade Representative Katherine Tai announced this past May that the U.S. would support the TRIPS waiver on COVID-19 vaccines at the World Trade Organization (WTO), we at the Revolving Door Project celebrated the administration’s decision as “a transformative, hopeful event.” The waiver proposal calls on the WTO’s Trade-Related Aspects of Intellectual Property Rights (TRIPS) Council to suspend intellectual-property protections on COVID-19 therapeutics, diagnostics, and vaccines to ensure materials necessary for combating the pandemic are “available promptly, in sufficient quantities and at affordable price to meet global demand.”
September 24, 2021
Biden Administration’s Inaction on Vaccine Equity is Cowardly and Shameful
“Over four months after announcing its support for the COVID-19 TRIPS Waiver, the Biden administration’s once promising step towards achieving vaccine equity is proving to be little more than an empty promise. Officials across the administration are cowering in the face of Big Pharma’s insatiable appetite for profit rather than pursuing one of many paths to rapidly ensure equitable access to vaccines worldwide.”
September 23, 2021
Maria Robinson Must Not Promote Methane Gas At DOE
President Biden announced Wednesday that he’s nominated Massachusetts State Representative Maria Robinson to be the Assistant Secretary in the Office of Electricity at the Department of Energy.
September 23, 2021
FERC Nominee Willie Phillips Has a Pro–Corporate Utility Record
In his time on D.C.’s Public Service Commission and before that as a corporate lawyer, Phillips consistently sided with utilities over the public interest.
September 23, 2021
Omarova Appointment Brings Expertise And Independence To Comptroller Role
Professor Omarova has spent over a decade fighting for the belief that the public should set rules for banks, rather than banks setting rules for the public.