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April 16, 2021
Break Big Pharma's Stranglehold On COVID-19 Vaccines With Existing Powers, 16 Groups Tell Biden Admin
A coalition of 16 organizations called on Secretary of Commerce Gina Raimondo and COVID-19 Response Coordinator Jeffrey Zients to maximally use the executive branch’s existing powers to end the pharmaceutical industry’s stranglehold on supply on COVID-19 vaccines in an open letter today.
April 10, 2021
Revolver Spotlight: Amos Hochstein
Hochstein previously served in the Obama State Department, where his job was essentially to secure access to global oil fields on behalf of putatively American multinational Big Oil firms.
April 02, 2021 | The American Prospect
Dorothy Slater Eleanor Eagan Max Moran
Op-Ed Climate and EnvironmentExecutive BranchFinancial RegulationLarry Summers
Janet Yellen's Blind Spot On Regulation
With so many competing priorities, it’s justifiable that Yellen has not given her full attention to every single crisis under her purview. But she can no longer dodge her other big duty: financial policy and Wall Street regulation.
March 22, 2021
Jake Sullivan Advised Microsoft On Policy, And Now Coordinates With Microsoft On Policy. What Could Go Wrong?
ullivan, like Secretary of State Blinken and others in the Biden national security apparatus, spent the Trump years as a “consultant,” better termed as a shadow lobbyist, for Big Tech and other industries.
March 22, 2021
Keystone XL Investor Susan Rice Has Kept Up Her Fossil Fuel Investments — And Now Oversees Tribal Relations Across The Executive Branch
Having a pollution investor in charge of the DPC should set off alarm bells for anyone worried about climate change — in other words, everyone.
March 18, 2021 | The American Prospect
John Kerry Must Choose: Wall Street Or The Planet
We have every reason to believe Kerry genuinely wants to save the Earth from climate devastation. His problem is that there is no neoliberal path to doing so.
March 16, 2021
Revolver Spotlight: Sonal Shah
What is the spirit of a revolver? Perhaps it’s best described as someone who advances “the increasingly influential private-sector approach to world-changing.” That, after all, is how Anand Giridharadas, in his essential book Winners Take All: The Elite Charade of Changing The World, once described Sonal Shah’s current work.
March 16, 2021
Revolver Spotlight: Manny Alvarez
Alvarez only re-entered the regulatory world after six years at Affirm, a fintech e-lender that offers loans up to 30 percent APR under sometimes confusing terms at the point of sale, so consumers rarely have the opportunity to shop around or read the fine print for an informed decision.
March 16, 2021
Dorothy Slater Eleanor Eagan Max Moran
Blog Post Climate and EnvironmentFinancial RegulationIndependent Agencies
FSOC 101: How Each Member Of The Financial Stability Oversight Council Can Fight Climate Change
Title 1 of the Dodd-Frank Act Title established the Financial Stability Oversight Council (FSOC) just over a decade ago. Prior to its arrival, there was no cross-agency government body tasked with protecting the financial system from systemic risks. FSOC was created to avoid repeating the mistakes of the 2008 financial crisis and to be a safeguard against financial practices with the potential to wreak global havoc.
March 08, 2021
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.
February 11, 2021
The Industry Agenda: Fintech
Since fintech apps provide a wide range of financial services, there are many potential harms to leaving the industry largely under-regulated — especially since many fintech and cryptocurrency firms design their products to narrowly evade existing laws that define certain types of financial products, and thus, the regulations to which they are subject.
February 10, 2021
Barr's Current Fintech Ties Run Through Venture Capital Firm Of Former Finance Execs
Under-appreciated in the Michael Barr press blitz (again, including by us) is Barr’s current listed work as an advisor to the venture capital firm NYCA Partners, which exclusively invests in fintech startups.
February 04, 2021 | American Prospect
Dorothy Slater Max Moran Timi Iwayemi
Op-Ed 2020 Election/TransitionClimate and EnvironmentDepartment of JusticeFinancial RegulationFintech
Even After The Cabinet Selections, Personnel Is Policy
As grinding as the cabinet fights have been, they’re only the first wave of the Biden administration’s personnel. Now comes a new stage of the transition, in which the newly-named secretaries choose their own undersecretaries and senior advisers. Although occupants of these positions typically operate outside the national spotlight, they still wield enormous power.
February 02, 2021 | Talking Points Memo
New Dem-Majority Senate Must Assess Financial Reg Appointees Through Climate-Tinted Lens
It is no longer tolerable to confirm nominees who lack awareness of the scale of our climate emergency and the immense work needed to address it across all aspects of American life.
February 02, 2021
The Industry Agenda: Big Tech
RDP’s Industry Agenda series will explore how different industries seek to influence executive personnel decisions.