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October 04, 2021
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.
September 30, 2021
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 17, 2021
For those less familiar with the Carlyle Group, the private equity firm where Powell was a partner and senior lawyer from 1997 – 2005, here’s a quick overview of their history with capitalizing on political connections and the revolving door.
September 07, 2021 | American Prospect
Apparently, Harris just doesn’t get why regulators have to be so skeptical of the industry all the time—which makes sense, coming from a fintech executive who’s advocated for the industry on both sides of the revolving door.
September 01, 2021 | Sludge
A financial disclosure reveals that Special Envoy for Energy Affairs Amos Hochstein operated a shadow consultancy with foreign fossil fuel clients.
August 23, 2021
Given a choice between someone who’s dedicated her career to fighting for Social Security recipients, a corporate ally with only a passing interest in the program, and an ethics law violator, Biden shouldn’t have a hard time choosing.
August 19, 2021
Disproportionately Black cities were the ones most in need of a non-profit-seeking investment alternative during the COVID-19 crisis. The Fed’s program to fill that need failed to deliver.
August 19, 2021
The following points are taken from Revolving Door Project’s extensive research document on Jerome Powell’s private-sector record, which includes work at union-busting and fossil fuel-investing firms.
August 13, 2021 | American Prospect
Hochstein is not even a skeptic of the fossil fuel industry, much less an environmentalist. His life’s work has been planting American flags on global fossil fuel reserves, facilitating the drilling and pumping of their contents, and inflicting pain on anyone who gets in the way.
August 12, 2021
Today, a coalition of 23 environmental, labor, and good government organizations called on President Biden to remove Thomas Workman from his role as the independent member with insurance expertise on the Financial Stability Oversight Council (FSOC), the interagency panel which identifies and addresses systemic risks to the financial system.
August 09, 2021
President Biden has repeatedly declared himself “the most pro-union President you’ve ever seen.” But a pro-labor President should also support the workers for whom he’s the boss — namely, the federal civil service.
August 05, 2021
SKDKnickerbocker more or less specializes in running interference for deeply awful companies when a Democratic administration might be inclined to have them face consequences for the harms they cause.