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December 01, 2021 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter

2020 Election/TransitionCorporate CrackdownIndependent Agencies

Biden Team Overcomplicates Presidency

The end of Biden’s first year in office is fast approaching and the optimism that characterized its start is long gone. Supply chain problems, stalled legislation, a new COVID-19 variant, and nomination woes (both self-imposed and external) are all weighing on the collective national mood. Some are even starting to conclude that, regardless of what steps the administration takes in the coming year, Democrats are doomed to lose both houses of Congress next fall.

November 30, 2021

Dorothy Slater

Blog Post

2020 Election/TransitionClimateEthics in GovernmentExecutive Branch

Fossil Fuel Loyalist Mitch Landrieu Is Biden's Pick To Manage $1.2 Trillion Infrastructure Bill

President Biden signed the elusive bipartisan infrastructure bill into law on November 15th. It’s just the first part of a planned two-part infrastructure push, the other being the Democrat-only Build Back Better Act which Joe Manchin and Kyrsten Sinema have slashed to pieces. Yet Biden keeps calling the bipartisan bill he signed a climate bill. 

November 22, 2021

Press Release

2020 Election/TransitionClimateEthics in GovernmentFederal ReserveFinancial Regulation

RELEASE: Revolving Door Project Criticizes Biden For Choosing To Own Ethics Scandals And Deregulation By Renominating Powell

“We are extremely disappointed to see Biden renominate Jerome Powell as Chair of the Federal Reserve Board. Biden’s endorsement of Powell’s deregulatory agenda will greatly harm American families. Biden has an ambitious and urgent agenda on climate, financial stability, and addressing racial and economic inequality. Powell as Chair of the Federal Reserve will make it more difficult for Biden to ultimately be a successful president. Today is a win for the conventional wisdom and Establishment and a defeat for the planet and Joe Biden’s ultimate legacy.”

November 10, 2021

Dorothy Slater Hannah Story Brown

Blog Post

2020 Election/TransitionClimateIndependent Agencies

A Fossil Fuel-Aligned Investment Executive Is Biden's Final Nominee to Manage Federal Retirement Funds

Harvard President Larry Bacow announced mid-afternoon on September 9th that the Ivy League university — whose 53.2 billion endowment exceeds the GDP of over 100 countries — would officially end its investments in fossil fuels. That announcement set off a domino reaction of divestment announcements from Dartmouth, the California State University system, Boston University, the University of Minnesota, the University of Toronto, the MacArthur Foundation, the Ford Foundation, the Netherlands’ largest pension fund, and hundreds of other groups. They appear to see the writing on the wall that fossil fuel investments, beyond being morally egregious, are also no longer profitable.