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This week’s newsletter looks at executive branch attempts to counteract concentrated corporate power across our focus areas – from consumer protection in Big Tech, to housing, to climate regulation. While the FTC and DOJ antitrust division continue to be present in important fights to support consumers and tenants, proactive climate policy continues to be absent, as Biden’s rhetoric regarding challenging climate change rings hollow in areas where the president has considerable discretion.

Revolving Door Statement on Crypto proponent Larry Summers joining the board of Sam Altman’s OpenAI

Revolving Door Project Executive Director Jeff Hauser released the following statement in response to Southern District of New York Judge Jed Rakoff’s court order demanding Genesis Global Trading comply with the SEC subpoena:

New revelations over Musk’s interference in Ukraine warrant Congressional oversight over the billionaire.

Rep Jim Jordan and company had already been eyeing Khan for an investigation because she had the audacity to enforce a consent decree that Twitter violated under Elon Musk’s leadership. Then, they eagerly seized on last month’s (conveniently timed) reporting from Bloomberg which published a previously unseen memo from an FTC ethics official and accused Chair Khan of ignoring the official’s recommendation. With that backdrop, the Republicans seemed poised to strike while the iron was hot, a culmination of their years-long project to undermine Khan’s leadership and reputation. The result was … much different. Thanks to some sleuthing on our part and the bipartisan support for taking on tech monopolies, yesterday’s hearing was less a damning inquisition and more a victory lap for Khan’s rejuvenation of the FTC.

In advance of the House Judiciary Committee holding a hearing on Thursday, July 13, 2023, at 10:00 a.m. ET on “Oversight of the Federal Trade Commission,” Revolving Door Project has sent a letter to FTC Chair Lina Khan calling on her to take on the FTC’s considerable internal revolving door challenges.

Yet despite these promises, email correspondence obtained through FOIA requests by Demand Progress show that senior officials across USTR, including Deputy U.S. Trade Representative Sarah Bianchi, actively seek input from executives at Big Tech firms such as Amazon and Google. Giving Big Tech a privileged ability to mold American trade policy undermines Biden’s commitment to a new era of trade deals.

Does former corporate lobbyist Anna Gomez stand for Big Telecom or a free and open internet?

For the past two years, former Treasury secretary Larry Summers has begged, berated, and bullied federal policy-makers to suck as much wealth as possible, as fast as possible, out of the economy. He just never meant, you know, his wealth or his friends’ wealth.

The Department of Justice (DOJ) has a FOIA problem. It’s been a two year struggle for the Revolving Door Project to uncover the complete picture of Susan Davies and her employment with the DOJ, and we’ve hit yet another road block because apparently the Office of Legal Policy (OLP) does not maintain personnel records of its own employees. At least, not for Susan Davies. And apparently the Office of Information Policy’s FOIA office wasn’t aware of that.