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March 29, 2021 | The American Prospect

Eleanor Eagan Elias Alsbergas

Op-Ed

Ethics in GovernmentExecutive BranchRevolving Door

Toward a Conflict-of-Interest-Free West Wing

The latest batch of White House financial disclosures revealed close ties between top Biden Administration officials and corporate titans in Big Tech, Big Oil, and Big Pharma. Eleanor Eagan and Elias Alsbergas explain why these disclosures reveal the need for the Biden White House to adopt stronger ethics disclosures and mandate total divestment from potential conflicts of interest.

March 17, 2021

Elias Alsbergas Vishal Shankar

Report

2020 Election/TransitionDefenseExecutive BranchForeign PolicyRevolving Door

The Industry Agenda: Military-Industrial Complex

A powerful collection of weapons manufacturers and defense contractors are shaping American foreign policy by lobbying policymakers and funding hawkish think tanks to keep U.S. defense spending the highest in the world. Their influence-peddling efforts prioritize the defense industry’s profits over countless lives and pressing domestic priorities like universal healthcare. Our Elias Alsbergas and Vishal Shankar explain how the military-industrial complex seeks to influence the executive branch and which defense industry allies are seeking jobs in the Biden Administration.

March 15, 2021 | Independent Media Institute

Elias Alsbergas

Op-Ed

ClimateCoronavirusEthics in GovernmentRevolving Door

When Public Officials Get Rented Out By Corporate Power, The People Lose

From Vivek Murthy’s lucrative consulting work with Netflix and Carnival Cruise Lines to Brian Deese’s “greenwashing” of fossil fuel investments at BlackRock, the revolving door between corporate industry and government continues to undermine public trust in the Biden Administration, writes our Elias Alsbergas.

February 26, 2021

Elias Alsbergas

Blog Post

BankingExecutive BranchFinancial Regulation

Mark Zandi: The Worst Potential FHFA Regulator You’ve Never Heard Of

Almost every homeowner and most of the American mortgage-backed securities financial system is subject to the Federal Housing Finance Agency’s (FHFA) regulation. It oversees and guarantees the vast majority of mortgages bought and sold in the United States. The FHFA does this through quasi-public agencies, Fannie Mae and Freddie Mac, which buy mortgages from local banks that they bundle, chop up, and sell to investors. This arrangement ideally allows local banks to provide more and cheaper loans to potential homeowners by letting them sell their mortgage liabilities to the government, and gives investors access to relatively stable investment returns.

February 03, 2021

Elias Alsbergas Miranda Litwak

Blog Post

2020 Election/Transition

The Revolving Door’s Power Couple: Heidi Crebo-Rediker And Doug Rediker

Heidi Crebo-Rediker has been publicly floated as a potential pick to serve as a high-level Treasury Department official. DC’s self-dealing politico culture means her husband, Doug Rediker, is also in the mix for a Biden administration job. This news is deeply concerning, given the couple’s shared history cashing in on their insider government ties as the founders of geopolitical investment advisory firm, International Capital Strategies. Heidi and Doug’s history of revolving between Wall Street and government should give any neutral observer pause.

January 12, 2021

Elias Alsbergas

Blog Post

Ethics in Government

Gary Cohn, IBM, And A Tale As Old As Time

Amidst renewed furor to impeach Trump and expel Members of Congress for supporting the right wing Capitol Insurrection, more typical elite corruption goes without comment. IBM announced in January that Gary Cohn, Trump’s former head of the National Economic Council, would be appointed vice-chairman. Despite announcements that some corporations and lobbyists mulled temporarily suspending donations to Republicans inciting riots and IBM’s claim to support black lives, their announcement reveals the lie: Corporate America has no problem bringing high-level Trump appointees back into their elite fold.