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April 19, 2023
KJ Boyle Andrea Beaty Emma Marsano
Newsletter Anti-MonopolyConsumer ProtectionDepartment of JusticeFTCGovernment CapacityIndependent Agencies
To Reverse Decades Of Neglect, Antitrust Agencies Need Robust Budgets
The FTC and the DOJ are still dealing with a deluge of corporate mergers, and still only have capabilities to challenge a handful of those actions each year. Restoring competition in the U.S. economy will require much more than slight increases in funding — these government agencies need monumental budgets to take on entrenched monopolies that have flourished with decades of lax enforcement.
April 18, 2023
How A Herbert Hoover Policy Got Wrapped Up In SVB And A Fed Opening
One of the flashing-red warning signs about SVB’s bad balance sheet was the huge cash advances it was taking out of the FHLBank system.
April 18, 2023 | The New Republic
Op-Ed 2020 Election/TransitionClimate and EnvironmentDepartment of JusticeEthics in GovernmentGovernanceRevolving Door
The Ghost of a Trump Appointee Is Haunting Merrick Garland’s Justice Department
Tracing Clark’s lingering impact on ongoing litigation makes clear that the legacy of Trump’s Justice Department still haunts our governance and that failing to treat his cronies like the menace they are is worsening outcomes across the country. In some cases, Attorney General Merrick Garland is still carrying forward with the arguments Clark helped shape. In others, the Justice Department and its client agencies are at a critical juncture of having to decide whether to break from past positions or maintain continuity with positions they adopted during the Trump administration.
April 17, 2023 | RDP Newsletter
Is Larry Summers Exempt From Editors' Notes?
April 14, 2023
DOJ IN THE NEWS: Mid-April Trends
This is the latest installment of a new biweekly blog series from RDP. Every two weeks, we call out ongoing trends in media coverage of the Justice Department’s focus and priorities, giving context from our past DOJ oversight work as needed, with an eye to the impact of DOJ capacity and resources, as well as alignment with the Biden administration’s professed goals.
April 12, 2023 | Revolving Door Project Newsletter
This Era of Elite Impunity Must End
What is it called when one of the nine most powerful judges in the U.S.—a man whose title is literally Justice—has routinely accepted secret private jet rides and luxury yacht vacations from a billionaire right-wing mega-donor for over two decades? What does it mean that this was not disclosed, in violation of the Ethics in Government Act? If the ruling class wants the public to believe that the rule of law means anything to them, then the answer must be “breaking the law,” necessitating investigations, trials, and professional consequences.
April 11, 2023
Progressive Groups Urge President Biden Not To Rush To Fill Republican FTC Vacancies
Demand Progress and the Revolving Door Project sent a letter to President Biden reminding him that neither the White House nor Senate Democrats “should feel compelled to expedite the nomination and/or confirmation of Republicans to independent agencies” particularly while Democratic nominees remain languishing in the Senate due to years of Senate Republicans’ malfeasance.
April 10, 2023 | The American Prospect
If The Law Is Legitimate, Clarence Thomas Must Stand Trial
There is no reasonable ambiguity about this. If the ProPublica reporting is accurate, Thomas has knowingly and brazenly violated federal ethics law for decades.
April 10, 2023
The Larry Summers-Linked Fintech Firm That Bought A Bank
By doing so, Jiko became one of the, if not the, first fintech company to buy a national bank.
April 07, 2023
Campus Activists Fight Back Against Academic Reputation-Laundering
April 06, 2023
We Have Always Been Right About Jerome Powell
Despite years of our best advice, and indeed the better judgments of Sen. Elizabeth Warren and other progressives in Congress, government watchdogs like Americans for Financial Reform (AFR) and others, nearly one year ago President Joe Biden disappointed his responsibility to the public and to his own economic agenda by renominating Donald Trump’s hand picked head of the Fed: Jerome Powell. Biden bafflingly stuck by Powell despite his years of betraying labor unions, environmental groups and frontline communities, and the middle class. As a result, broad coalitions of folks concerned about the climate crisis, about the long term safety and stability of our financial system, about attacks on labor and the working class, about housing insecurity and the long term impacts of the pandemic, mobilized against Powell’s renomination because his storied track record of, well, making each of these things (and more!) worse.
April 06, 2023
House Should Impeach, Durbin Must Investigate Justice Thomas For Ethics Violations
No one can reasonably retain a shred of benefit of the doubt in the face of this evidence.
April 05, 2023 | Revolving Door Project Newsletter
Dylan Gyauch-Lewis Hannah Story Brown
Newsletter Department of JusticeDepartment of TransportationFinancial RegulationGovernanceIndependent AgenciesRevolving Door
Several Flavors of Regulatory Failures
Until the Biden administration learns that they need to draw a sharp contrast with their predecessors and, generally, do a full 180, they will keep getting egg on their faces. And when the blame genuinely belongs to both the Trump and Biden administrations, warranted criticism of disastrous Republican deregulation is undermined.
April 03, 2023 | The American Prospect
The Chickenshit Club, Climate Edition
If we at the Revolving Door Project could exhort the Biden administration to do anything, it would be this: Choose the right enemies—rich, powerful corporations that harm the public, most often with impunity. Sometimes you will lose, but that doesn’t mean you should forfeit the fight. And getting caught trying can inspire the public to rally around a political party and its leaders.