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September 18, 2019 | The American Prospect

Eleanor Eagan

Op-Ed

Independent Agencies

Surprisingly Good News at the Consumer Product Safety Commission

Despite the fact that this administration has generally shown nothing but contempt for the public interest, revelations earlier this year about the Consumer Product Safety Commission’s failure to take action to protect the lives of infants and children still stood out. Last week, however, one of its members set herself apart for a different reason: Outgoing Acting Chair Ann Marie Buerkle appears to have been afflicted by a rare case of a conscience. In a highly unusual move, she voted for a Democratic commissioner to succeed her as acting chair.

September 05, 2019

Eleanor Eagan

Blog Post

Independent Agencies

August Update on the State of Independent Federal Agencies

Eleanor Eagan
The federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure to safeguard the independence of these agencies and ensure that they are staffed with advocates for the public interest rather than corporate insiders. 

August 29, 2019 | The Daily Beast

Jeff Hauser Eleanor Eagan

Op-Ed

2020 Election/TransitionIndependent Agencies

2020 Dems Must Use Trump’s Incompetence Against Him

We tend to forget this as we watch the daily madness of the Trump presidency, but a president’s principal role is to run the executive branch. Above all, that consists of appointing personnel to thousands of roles across the administration and laying out a vision that inspires and drives that army of appointees towards common ends.

Thus, when Donald Trump assails Federal Reserve Chairman Jerome Powell (his own pick) as incompetent and/or malevolent in executing his critical role in helping manage the United States economy, he is unquestionably attacking his own judgment and fitness for office.

August 16, 2019

Eleanor Eagan

Blog Post

Independent AgenciesRevolving Door

SEC Chief Accountant's Trip(s) through the Revolving Door are Emblematic of a Broader Problem

Eleanor Eagan
In May, Wesley Bricker, the Securities and Exchange Commission’s (SEC) Chief Accountant, announced that he was stepping down. Early last month, we learned where he had landed: PricewaterhouseCoopers (PwC), one of the “Big Four” auditors, as Vice Chair and Assurance Leader for the US and Mexico. With this move, Bricker has completed his fourth turn through the revolving door between PwC and the SEC. Although seemingly remarkable, his career trajectory is emblematic of the nearly nonexistent lines between regulators and those they are tasked with regulating. As this example makes clear, reforming agencies like the SEC so that they work for the public good will not just be a matter of choosing good commissioners, but of changing the culture and expectations for personnel throughout all echelons of these entities. 

August 01, 2019

Eleanor Eagan

Blog Post

Independent Agencies

July Update on the State of Independent Federal Agencies

Eleanor Eagan
The federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure to safeguard the independence of these agencies and ensure that they are staffed with advocates for the public interest rather than corporate insiders. 

July 30, 2019 | BuzzFeed News

Jeff Hauser Eleanor Eagan Max Moran

Op-Ed

2020 Election/TransitionCampaign FinanceRevolving DoorTech

Mayor Pete Is Silicon Valley's Hottest New Startup

You might think Big Tech is facing an existential reckoning in Washington, based on recent congressional hearings with Facebook, Amazon, Apple, and Google. Add in Facebook’s $5 billion Federal Trade Commission settlement and the Trump administration pursuing antitrust inquiries into Big Tech while “looking into” Peter Thiel’s accusation that Google has been treasonously collaborating with China and it begins to sound consequential.

But if you look elsewhere — to the fundraising totals released by presidential candidates this month, and perhaps even to this week’s presidential debates — you can glimpse the seeds of the industry’s political revival.

July 02, 2019

Eleanor Eagan

Blog Post

Independent Agencies

June Update on the State of Independent Federal Agencies

Eleanor Eagan
The federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure to safeguard the independence of these agencies and ensure that they are staffed with advocates for the public interest rather than corporate insiders. 

June 26, 2019

Eleanor Eagan

Blog Post

2020 Election/Transition

How Well Do Leading 2020 Candidates Understand the Executive Branch?

Eleanor Eagan
It is one of the many peculiarities of American politics that legislative laundry lists dominate presidential campaigns even though presidents have little power to get these promises enacted. That is not to say that these aspirational assertions do not matter. As a statement of values, they can mobilize support.  But while legislation is subject to the considerable influence of, well, the legislature,how a candidate intends to do the job for which they are running (i.e. managing the executive branch) is something for which they can be held directly accountable. And yet candidates tend to be much less forthcoming with their vision for actually running the federal government. That silence reduces presidential accountability to the public for how they wield the powers of the executive. 

June 25, 2019 | The American Prospect

Jeff Hauser Eleanor Eagan

Op-Ed

2020 Election/TransitionCampaign Finance

Do Pete Buttigieg’s Donors Know Him Better Than We Do?

In a field of 24 candidates, Democratic presidential hopefuls must attempt to stand out from the crowd, and Pete Buttigieg is no different. He foregrounds his personal story, relative youth, and roots in the country’s geographic center to pitch voters on a generational departure. “Such a moment calls for hopeful and audacious voices from communities like ours,” Buttigieg said in his announcement speech. “And yes, it calls for a new generation of leadership.”

June 11, 2019

Eleanor Eagan Jeff Hauser

Blog Post

Congressional Oversight

Oversight Targets Abound in Betsy Devos' Education Department

Eleanor Eagan
Since last fall, the Revolving Door Project has been working to ensure that House Democrats use their newfound majority to perform long overdue oversight that targets the intersection between outsized corporate influence and Trump-era corruption. We have argued that across the breadth of every issue area imaginable, such oversight not only represents good policy but also good politics. In a moment of deep skepticism about the integrity of elites and institutions across the globe, fighting against corruption could not be more timely.    Despite our pleas, few Democrats have embraced this manner of populist oversight. This timidity is disheartening in all cases, but in certain areas, like Betsy Devos’ Education Department, it appears particularly egregious.

June 03, 2019

Eleanor Eagan

Blog Post

Independent Agencies

May Update on the State of Independent Federal Agencies

Eleanor Eagan
The federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked through multiple channels to shed light on these overlooked agencies and the threats that they face. We hope public education will generate pressure to safeguard the independence of these agencies and ensure that they are staffed with advocates for the public interest rather than corporate insiders. 

May 24, 2019 | BuzzFeed News

Jeff Hauser Eleanor Eagan

Op-Ed

Congressional Oversight

Corruption Needs To Be A Kitchen Table Issue In 2020. Start With Betsy DeVos

With the debate over impeachment raging, everyone from Nancy Pelosi to a wide swath of freshman Democrats is making a distinction between Congress working on oversight of the Trump administration, and Congress focusing on so-called kitchen table issues — things that make a real difference to people’s everyday lives. Don’t let one eat up precious time that could be spent on the other, so the argument goes.

May 16, 2019

Eleanor Eagan Jeff Hauser

Blog Post

Congressional OversightFinancial RegulationRevolving Door

The Oversight Options Available to the House Financial Services Committee

Eleanor Eagan and Jeff Hauser
The financial industry has been the driving force behind some of the most damaging economic trends of our time. In spite of this fact, since the spasm of reform reflected in the Dodd Frank Act, financiers have faced very little scrutiny from lawmakers. Instead of regulating the industry, many governing officials from both parties have chosen to collect campaign checks in exchange for helpful votes. Maxine Waters has rejected this complacency in favor of aggressive oversight. The committee’s failure to oversee the industry for so long, however, has left a significant backlog of issues to examine, in addition to the plethora of new and novel issues emerging under this administration. In an effort to help advocates and members of the public understand the scope of the task that the House Financial Services Committee (HFSC) faces, the Revolving Door Project has compiled a list of problems that deserve the committee’s scrutiny.

May 13, 2019

Eleanor Eagan

Letter

Anti-MonopolyFinancial RegulationIndependent Agencies

Groups Appeal to Federal Reserve Governor Lael Brainard on BB&T-SunTrust Merger

On Thursday, May 2nd, the Revolving Door Project, in conjunction with the Demand Progress Education Fund and Color for Change, submitted a comment to the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve System Board of Governors regarding the proposed merger between Branch Banking and Trust Company (BB&T) and SunTrust Bank. This comment raised numerous concerns related to the implications of this merger, the largest since the financial crisis, and the integrity of the process by which it will be approved.

May 06, 2019

Eleanor Eagan Jeff Hauser

Letter

Congressional Oversight

Groups Call for Oversight of BB&T-SunTrust Merger

On Thursday, May 2nd, the Revolving Door Project, in conjunction with the Demand Progress Education Fund and Color for Change, submitted a comment to the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve System Board of Governors regarding the proposed merger between Branch Banking and Trust Company (BB&T) and SunTrust Bank. This comment raised numerous concerns related to the implications of this merger, the largest since the financial crisis, and the integrity of the process by which it will be approved. We believe that these concerns warrant an elevated level of scrutiny for this merger.