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December 14, 2021
Biden Gets Why Meat Prices Are So High. Why Isn't He Going On Offense About It?
Being correct, it turns out, isn’t enough. A dry blog post full of economic statistics and analysis simply isn’t how best to message the President’s position to the public.
December 10, 2021
The "Coup" At The FDIC Is Jelena McWilliams Overturning Majority And Congressional Will
McWilliams is effectively saying that any outcome which she doesn’t like must be illegitimate, because she’s the Chair.
December 09, 2021
Big Business Taps Trump's Lead Union-Buster To Attack Workers' Rights
Miscimarra will lead the Chamber and IFA’s defense of a rule that undermines the abilities of both workers with multiple jobs and subcontracted workers to form unions.
November 23, 2021
Press Release Corporate CrackdownDepartment of JusticeEthics in GovernmentExecutive BranchIndependent Agencies
Polling Finds Enormous Bipartisan Support For Crackdown On Corporate Lawbreaking
70 percent of Republicans, 70 percent of Independents, and 70 percent of Democrats surveyed believe the Biden administration should do more to hold lawbreaking corporations accountable.
November 20, 2021 | The American Prospect
Gensler Punts In Fight Over Auditing Watchdog
Gensler appears to have backed down from a full fight with Republicans on the SEC and in Congress. This is likely because Gensler needs to pick his battles, of which there are many. But in times as dire as these, choosing to let certain grifts carry on as normal is an ominous call.
November 16, 2021
Powell Held No Meetings With Labor, But Plenty With Wall Street, Through Biden Term
Powell did not meet with any non-governmental individuals who are not members of or aligned with the financial industry. This stands in stark contrast to Powell’s predecessor, Janet Yellen, who is now the Secretary of the Treasury.
November 08, 2021
Quarles' Resignation Alone Won't Change The Fed's Regulatory Status Quo
There is no assurance whatsoever that Quarles’ successor will have anything close to Quarles’ own power, should Biden refuse to nominate a new Federal Reserve Chair.
October 26, 2021
The Myths And The Facts About Jerome Powell
We hope that these one-pagers help political professionals, the press, and onlookers to better understand the facts surrounding the reappointment debate.
October 18, 2021
Congress Can't Leave Policing The Fed...To The Fed
It’s highly probable that Powell guessed in advance that October would be a rough month for stocks, and made a multi-million dollar choice to get out.
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 12, 2021 | The American Prospect
The Little-Known Power Brokers At The Federal Reserve
The cloistered, out-of-touch nature of Fed leadership derives mostly from its obscure senior staff members. And if one asks who sets the direction for them, one finds a fascinatingly top-heavy organizational structure.
October 07, 2021
FOIA RequestPress Release Congressional OversightEthics in GovernmentFederal ReserveFinancial Regulation
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 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.