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July 08, 2021

Press Release BigLawClimate and EnvironmentFinancial RegulationRevolving DoorTreasury Department

Biden Must Withdraw ExxonMobil- And Wall Street-Linked Nominee, 23 Groups Say

“As a private corporate attorney, MacBride defended fossil fuel companies, Wall Street giants, Big Tech monopolies, and a myriad of other corporate industries,” the groups wrote. “His past work fighting vigorously and successfully on behalf of corporations against the public interest disqualifies him from a role in the administration.”

July 08, 2021

Vishal Shankar Andrea Beaty Molly Coleman

Press Release BigLawRevolving Door

Biden Hires Top Officials From Big Tech-Aligned Law Firm, New Report Finds

Over the course of its decade-long partnership with Facebook, Latham has fought consumer data breach litigation, quashed federal investigations into corrupt practices by Facebook contractors, and advised on mergers and acquisitions that have cemented Facebook’s tech monopoly status (including its highly-controversial 2014 purchase of WhatsApp, a merger that is currently being challenged by the FTC).

June 14, 2021

Dorothy Slater

Blog Post Climate and EnvironmentFinancial RegulationRevolving Door

BlackRock’s New Hire Embodies The Polluting Giant’s Revolving Door Regime

Asset management giant BlackRock most recently made the news for buying up huge tracts of U.S. housing stock to become, essentially, a massive corporate landlord at the expense of all the rest of us. (Seems like they are learning a thing or two from private equity firm Blackstone, to which they formerly belonged, which is infamous for its predatory and downright evil infiltration of the housing market.)

June 10, 2021 | American Prospect

Max Moran

Op-Ed Federal ReserveFinancial RegulationRevolving Door

Jerome Powell Went Easy On Wall Street

Just as a president shouldn’t only be judged on whether or not they started a war, Fed chairs shouldn’t only be judged on whether they raised or lowered interest rates. That’s their most salient power, but they have other, more complex ways of affecting our lives. Financial regulation is one of the most important of these, and it’s one on which current Fed chairman Jerome Powell has failed badly.

May 05, 2021

Max Moran

Blog Post Executive BranchFinancial RegulationRevolving Door

Bust Up Corruption And Protect The Public: Clean House At The PCAOB

When there actually are odious, greedy bad guys stuffed away in a back-room scheming, it’s pretty good politics to bust it up and take credit for doing so. Just such a racket is happening right now in an obscure corner of the executive branch, and all it would take to end it is some muscle from the President and one of his most-praised appointees.