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The attempt to force Assistant Attorney General Kanter’s recusal has nothing to do with ethics and everything to do with the profit margins of Silicon Valley titans.

A leading voice in this push is Sam Bankman-Fried, 30-year-old CEO of crypto trading exchange FTX. Christened by some as a crypto prince and others as Washington’s aspiring kingmaker, Bankman-Fried has in the past year developed an extensive crypto policy agenda that entails revolving-door hiring of former CFTC officials, formation of super PACs, and congressional campaign donations.

“From Gerald Ford’s pardon of Richard Nixon, to George H.W. Bush’s pardons of the Iran-Contra scandal’s architects, to Eric Holder and Lanny Breuer’s acquiescence to the financial fraudsters who generated the Great Recession, America has seen a precipitous decline in equality under the law.”

Mitch Landrieu is overseeing the bipartisan infrastructure law. His record does not inspire confidence in how that might be handled.

The Revolving Door Project and 27 groups sent a letter to Associate Attorney General Vanita Gupta Friday, urging her to promptly issue a recusal waiver for Assistant Attorney General Jonathan Kanter to work on the Department’s case against Google. The groups, including the American Economic Liberties Project, Demand Progress, the Institute for Local Self-Reliance, emphasized that ethics law does not require Jonathan Kanter to recuse and that Google’s attempts to insist otherwise is an effort to “bully regulators into submission.” 

Well over a year after President Biden’s inauguration, his administration continues to defend and advance Trump-era legal positions, according to an updated analysis released by the Revolving Door Project today. RDP’s long-running litigation tracker, documenting court cases in which the Biden administration has inherited and chosen to advance Trump-era legal positions, has been brought up-to-date to include new instances where the legal advocacy of Merrick Garland’s Justice Department on environmental, immigration, education, and other issues runs counter to the administration’s commitments.

Most of Barr’s holdings are in firms backed by Nyca Partners, a fintech-focused venture capital fund built by Wall Street and Silicon Valley veterans which Barr has advised for years. 

The hearing was a golden opportunity for Congress to actually hold a corporation to account for its objectively horrendous and potentially illegal behavior. On an ostensibly bipartisan issue like the opioid epidemic, one could be forgiven for thinking that the hearing would do just that.

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.

In his gig as a global health consultant at a powerful D.C. business strategy firm that has financial ties to one of the two major COVID-19 vaccine manufacturers, Jha has kept his client roster under wraps despite publicly promising to release a client list.

Nearly halfway through President Biden’s second year in office, with midterms on the horizon and senior staff either burning out or eager to sell out, “Transition 2.0” — the rapid departure of said senior staff with an influx of new personnel — is growing closer. One position we’re keeping a close eye on is Biden’s next Chief of Staff. Currently filled by Ron Klain, this is Biden’s de facto power broker. He helps the president make decisions and acts as a gatekeeper for the many, MANY forces, good and bad, who’d like to influence the president.

Elon Musk is not just purchasing Twitter because, by all appearances, he is a very sad man who is desperate for other very sad men to think he is cool.

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.