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August 25, 2022 | Democracy Journal
Chronic underfunding means that the agencies with the most laudable missions—the ones seeking to protect ordinary Americans from profit-driven exploitation—often struggle to go up against powerful corporate interests. Strengthening funding for enforcement to protect Americans from environmental, health, consumer, and labor standards violations is an existing, easily justifiable tool for changing that balance of power.
July 28, 2022 | The Lever
Despite a disclosure law, the Honest Leadership and Open Government Act, only one of 56 retiring members of Congress has filed reports on their potential new jobs this election cycle.
July 20, 2022 | The American Prospect
Despite months of increasingly desperate horse trading and frantic whittling, Joe Manchin has narrowed the reconciliation package formerly known as Build Back Better to just a health care bill. Senate Majority Leader Chuck Schumer, meanwhile, appears set to torpedo popular, bipartisan antitrust bills on Big Tech’s behalf simply by refusing to bring them for a vote. And a once-sprawling bill on competitiveness and advanced manufacturing is now mostly an economic development subsidy to semiconductor manufacturers.
July 18, 2022 | Politico Europe
Earlier this year, many breathed a sigh of relief, after France’s far-right opposition candidate Marine Le Pen’s bid for the country’s presidency went down in resounding defeat for the second time in five years.
That she was able to reprise her role as a second-round presidential candidate, however, let alone pick up close to enough votes, attests to a troubling fact: In France, and elsewhere, the threat from right-wing populist movements is mounting — not receding.
May 16, 2022
Donald Trump and his Department of Justice consistently made a mockery of the law throughout his four years in power. And while their laughable reasoning and indefensible positions were struck down at a historic rate, many cases were still waiting for Biden. The new administration tossed out a handful immediately but an alarming number remain, either in some form of pause or advancing forward with the Biden administration adopting Trump’s position.
May 05, 2022
The news today that Anita Dunn will return to the White House as a senior advisor makes clear that her involvement with this administration was never credibly temporary.
April 14, 2022
Over a decade after the financial crisis, few would still dispute that the revolving door between financial regulators and the financial industry helped pave the way for economic disaster. In the years preceding the crash, regulators who came from the country’s largest banks and planned to promptly return to them, removed regulatory restraints and turned a blind eye to the predictably dangerous effects (see, e.g. Robert Rubin and Alan Greenspan). In the next administration, different regulators drawn from the same well let the fraudsters off the hook and left the working people who had fallen victim to them out to dry.
April 12, 2022 | The American Prospect
Fortunately, Biden has the means to stop at least one aspect of crypto’s campaign in its tracks. Through an executive order, he can cut off crypto’s access to the revolving door by barring the officials who are involved in developing regulations for the digital assets industry from working for it for at least four years. By rights, it should be a bare-minimum anti-corruption standard.
April 06, 2022
After a stream of stories throughout the pandemic revealed seemingly rampant congressional insider trading, laughable disclosure practices, and nonexistent enforcement, Congress appears finally to be feeling the pressure to clean up its act. In recent weeks, lawmakers have introduced a flurry of new bills to limit conflicts of interest and help restore public trust in our governing institutions.
As they begin to forge a piece of consensus legislation, they should consider that members of Congress were not the only political leaders to violate public trust throughout the pandemic period. The trading scandals within the Federal Reserve system, for example, revealed material ethical deficiencies that have yet to be satisfactorily addressed. It’s important to recognize that these deficiencies are not unique to the Federal Reserve and that they represent an ongoing threat to public trust in other powerful corners of the executive branch as well. To rebuild that trust in government, lawmakers must learn the lessons of the Federal Reserve scandals and develop fixes for these deficiencies there and elsewhere.
March 04, 2022 | The American Prospect
With his approval numbers continuing their steady decline and a potentially bruising midterm contest looming, President Biden used his first State of the Union address to lay out a policy agenda that enjoys overwhelming popular support. Yet, as intuitive as that approach appears on its face, it’s a safe bet that the speech will not make a lasting difference for Biden or his party’s political fortunes. That’s in part because most of the policies that Biden touted require congressional approval and have no discernible path forward in the 50-50 Senate (not to mention the fact that only a small fraction of Americans tuned in to listen).
January 21, 2022 | The American Prospect
A lot has changed in the year since President Biden took office. Across the executive branch, leaders who believe in the power of government to advance the public interest have replaced predecessors who were intent on dismantling the institutions they led. Unsurprisingly, policy priorities have shifted as well, with regulators embarking on ambitious new rulemakings and ramping up enforcement.
But there is one troubling constant looming above all of these changes: President Trump’s holdover budget is (basically) still in place, leaving the Biden administration to implement a bold new agenda with funding levels negotiated and approved by an administration that was determined to make that impossible.
January 20, 2022
The Revolving Door Project is fighting for an executive branch whose every corner is working tirelessly to advance the broad public interest and not to further entrench corporate power. That means scrutinizing the federal government’s highest ranks and applying pressure to keep them free of undue corporate influence. It also means interrogating whether the institutions those political leaders steer have the provisions they need to fulfill their missions.
January 19, 2022
Since the start of the year, we have warned that failure to promptly fill vacant and expired seats on independent agency boards would undermine the Biden administration’s agenda across many issue areas. Now, as executive branch policymaking kicks into high gear across this administration, we are seeing examples of this warning becoming a reality.
January 10, 2022
Federal Reserve officials’ conduct has cast doubt on the institution’s credibility to provide these answers. It is, therefore, critical that members of the media and of Congress seek independent answers.
December 16, 2021
Now more than ever, with rumors swirling that Raimondo is considering a bid for the White House in 2024, it is critical to see exactly which corporations and lobbyists Raimondo has met with in recent months.