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May 10, 2021
Revolver Spotlight: Jannie Lau
The fact that most of the names Ars Technica reported are under consideration are deeply corporate-aligned is simply infuriating. To take just one example, here is a brief summary of Jannie Lau’s work on behalf of InterDigital.
May 05, 2021
Biden's TRIPS Waiver Decision Is A Transformative, Hopeful Event
The Revolving Door Project praises and congratulates the Biden administration for this excellent decision. This one choice may save millions of lives.
May 05, 2021
Bust Up Corruption And Protect The Public: Clean House At The PCAOB
When there actually are odious, greedy bad guys stuffed away in a back-room scheming, it’s pretty good politics to bust it up and take credit for doing so. Just such a racket is happening right now in an obscure corner of the executive branch, and all it would take to end it is some muscle from the President and one of his most-praised appointees.
May 05, 2021 | MarketWatch
5 Compelling Reasons For Biden To Dump Jerome Powell
The Fed is more than monetary policy, and we need to think of the Fed chair’s whole role. Since democratic control of the Fed is exercised primarily through presidential appointments, we must consider Powell’s record holistically. It’s not a good one.
May 03, 2021
Brad Karp Harasses Journalists. Why Are Journalists Quoting Him Uncritically?
Karp’s own “strong ethical code” includes not just mass payoffs to Democratic politicians, as I wrote about last year, but more relevantly, organized intimidation of the press for ever daring to report unflatting facts about Paul, Weiss.
April 23, 2021 | The American Prospect
Place Human Lives Over Pharma’s Property Rights
The Biden administration is divided over whether to waive trade protections for Big Pharma—with Commerce Secretary Gina Raimondo as a key industry ally.
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
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
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.