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March 24, 2020
SEC Must Build Public Trust in Government by Policing Federal Officials’ Crisis Profiteering
Amidst an economy-crashing pandemic, several Senators appear to be more concerned with their stock portfolios than with the well-being of their constituents or with their Senatorial responsibility to offer a solution. Sadly, this will almost certainly not be the only instance of crisis profiteering during the coronavirus outbreak.
March 20, 2020 | Center for Economic and Policy Research
Trump Stimulus Plan: Still Getting Everything Wrong
Donald Trump has consistently been failing the country in dealing with the coronavirus. Due to Trump’s failed public health response, even his treasury secretary acknowledges that we are facing the worst economic collapse since the Great Depression. This is in addition to the prospect of tens of millions of people getting the coronavirus and hundreds of thousands, or even millions, dying.
March 16, 2020
Concrete Solutions to Mitigate the Health and Economic Impacts of the Pandemic
The sheer weight of executive branch incompetence, that has led to an entirely uncontained pandemic in the United States, borders on the incomprehensible. Yet, here we are. The question is whether the federal government has meaningful tools available to turn a terrible situation into one that is meaningfully less terrible. The good news is that many useful ideas exist. Here is a partial list of ideas to help inform the policy conversation as we move forward.
March 11, 2020
The Coronavirus Crisis: A Who's-Who of Trumpian Mismanagement
The COVID-19 coronavirus is a public health emergency unlike any the United States has faced in decades, but it is also one which the federal government has tools to counter. Unfortunately, the Trump administration is wielding those tools.
March 09, 2020
Maxine Waters Highlights Wells Fargo’s Trump Administration Accomplices
The way our financial regulatory system is constructed means that true accountability for Wells Fargo cannot ultimately flow from the committee hall. Instead, it must come from the cabinet departments and federal agencies which hold the power to prosecute, fine, and regulate our big banks.
March 06, 2020
February 2020 Update on the State of Independent Federal Agencies
As we have previously highlighted, the federal government’s 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.
February 27, 2020
Biden and Buttigieg See Pharma Money As The Cure For Campaign Woes
HHS secretary Alex Azar refused to guarantee a coronavirus vaccine would be affordable to all during Congressional testimony on Wednesday. The outrage reminded Americans why they are sick and tired of the unchecked pharmaceutical industry’s abuses. As we wrote for the American Prospect, Azar is a former pharma lobbyist who, like the rest of President Trump’s coronavirus response team, has no background in public health or research.
February 21, 2020
Biden Corporate Loyalists Unite Around Super PAC
Joe Biden’s campaign is hurting for cash and increasingly reliant on the pro- Biden super PAC, Unite the Country, for help. Unite the Country is spending big in early states — the super PAC threw over $5.5 million into Iowa and is now expanding into South Carolina. But the Unite the Country donors swooping in to save Biden’s messaging efforts build on the super PAC’s established base of corporate lobbyists and consultants. Unite the Country recently picked up new supporters from private equity, venture capital, real estate, and other sectors that may be looking for favorable policies or to influence strategic appointments.
February 19, 2020 | Truthout
As the Primary Race Heats Up, Candidates Forget Principled Campaign Finance Stands
At this time last year, newly declared Democratic primary candidates were racing to outdo each other with escalating promises to shun big money support. Contenders vowed not to take corporate PAC money, to reject lobbyists’ dollars, to discourage super PACs, and to tell fossil fuel executives, “no, thank you”. Now, however, many seem to be in a wholly different sort of race: to put the most distance between themselves and their prior principled stands.
January 31, 2020
Who Exactly Are Joe Biden and Pete Buttigieg's Bundlers?
Eleanor Eagan | Max Moran
Beginning in the fall, the Revolving Door Project was one of a handful of voices drawing attention to Democratic primary candidates’ failure to release the names of their most important fundraisers. In op-eds, newsletters, and across other forums throughout the fall we repeatedly made the case that this consequential information could not stay hidden.
Why were we so insistent? A candidate’s list of top fundraisers, or bundlers, provides clearer insight than perhaps any other piece of campaign material into how a candidate would actually do the job of being president.
January 29, 2020
Dem Prez Candidates Fundraising from Union-Busting Lawyers
The Iron Workers Union endorsed Joe Biden last week, citing his dedication to “defend rights and jobs of American workers”, and calling him “a friend to union ironworkers”. The union endorsement marks one of many that Democratic candidates are fighting for by unveiling detailed labor plans and promising to overturn “right-to work laws” that weaken unions. While they seek union endorsements, several of the candidates are also seeking direct contributions from wealthy individuals. And therein lies a largely hidden tension.
January 27, 2020
Year in Review - What Changed at Independent Agencies in 2019?
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.
December 02, 2019
November Update on the State of Independent Federal Agencies
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.
November 19, 2019
Committee on Ways and Means Must Investigate Opportunity Zones
Lawmakers sold opportunity zones as a solution for this country’s poorest communities but, two years into the program, that claim does not seem to be holding up. Rather than infusing poor communities with much-needed cash, it seems that many zones are padding the already bursting pockets of some of the country’s wealthiest individuals. No story has better embodied the mismatch between the program’s intent and actual outcome than ProPublica’s report, out last week, detailing how a luxury apartment development in a superyacht marina came to qualify for the tax break.
November 07, 2019
Freshman Democrats Seek to Make Corporate Oversight Routine Again
Rep. Ayanna Pressley introduced legislation last week to require the CEOs of the country’s largest banks to testify before Congress at least once per year. While this might seem a perfectly run-of-the-mill measure from an outside vantage point, it is a marked departure from this Congress’ aversion to most oversight (especially of corporations). Indeed, most members of Congress have shown no appetite for the type of populist, corporate oversight for which we at the Revolving Door Project have advocated. Pressley, along with a handful of other freshman Democrats (and Rep. Maxine Waters) are notable exceptions. It is long past time that their approach became more mainstream.