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June 14, 2023

KJ Boyle

Newsletter Anti-MonopolyBigLawDepartment of JusticeFTCIndependent AgenciesRevolving Door

Christine Varney Made A Career Out Of An Agency She Now Deems Unconstitutional

Implicit in the worldview of these revolvers is the idea that corporations should be free to operate and acquire competitors with near impunity, therefore antitrust enforcement should be as narrowly tailored as possible. This is obviously problematic — we need regulators that believe in the government’s ability to take on corporations with outsized market influence — but Cravath, Swaine & Moore’s Christine Varney recently took things many steps further in her representation of the biotech company Illumina in its case against the FTC. Varney doesn’t just attack specific enforcement actions as unwarranted, but calls into question the constitutionality of the FTC’s authority to issue enforcement actions in the first place. 

June 07, 2023

Emma Marsano

Newsletter Corporate Crackdown

Deadly Corporate Misconduct Can Be Boring. Biden Must Keep His Focus on Cracking Down, Anyway.

Corporate wrongdoing doesn’t always resemble the stories that tend to make headlines—the dramatic corruption scandals, bald-faced lies, and egregious instances of fraud. Sometimes, as we at Revolving Door Project strive to highlight, life-threatening corporate actions are enabled by quiet bureaucratic processes and decisions, ushered along by captured political appointees who refuse to hold profit-hungry corporations accountable.

May 24, 2023 | Revolving Door Project Newsletter

Toni Aguilar Rosenthal

Newsletter Congressional OversightEthics in GovernmentGovernance

Who’s Going To Keep Corporations Honest?

The Washington Post last week ran a delightful little synopsis of Senator Bernie Sanders’ (I-VT) true passion: congressional oversight. Bernie is revered for his willingness to hold corporations and their CEOs accountable for their villainy, and how he does so with extraordinary dexterity. Be it by ruthlessly interrogating Big Pharma executives for their murderous price gouging of lifesaving treatments or humiliating Howard Schultz for being a whiny billionaire union-buster, Bernie Sanders makes congressional oversight hearings fun. The fun he makes for himself and for the public he strives to give real voice to through speaking truth to power is not just gratifying; it also helps sharpen congressional oversight into a tool to actually achieve something.

May 17, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter Climate and EnvironmentCongressional OversightEthics in GovernmentExecutive Branch

Progressive Counteroffers to Manchin’s Dirty Deal, Debt Ceiling Edition

Manchin’s dirty deal is back on the table, again, according to coverage of the play-by-play of Biden and congressional leaders’ not-not-negotiations over raising the debt ceiling. Whether or not Manchin’s proposal gets packaged with a debt ceiling deal, it seems the question is when, not if, it gets taken up. That’s due in large part to Biden and Schumer’s unjustifiable fealty to Manchin, the administration’s chief saboteur, whose latest pledge is to block all of Biden’s EPA nominees.

May 10, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter Executive BranchGovernanceGovernment Capacity

The GOP Budget Plan Would Ruin Millions of Lives

There are a lot of things you could say about the GOP’s proposed plan to reduce the deficit. But if we want to be more expansive than just calling it “batshit crazy” and washing our hands of the whole clown show, as we think Biden can and should, then we could point out that the GOP plan is an expression of profound hostility to the idea of a federal government that serves anyone besides war profiteers.

May 03, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter Department of JusticeExecutive BranchGovernment Capacity

On the Debt, Biden Has No Choice But To Make One

On Monday, Treasury Secretary Janet Yellen shortened the estimate of when the U.S. could default on its debt to as soon as June 1. We’re less than a month out from the so-called X-date: the day that the federal government runs out of cash. President Biden has invited House and Senate leadership to the White House to talk debt this coming Tuesday, with highly uncertain results. 

April 26, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter Congressional OversightEthics in Government

Tyranny, Thy Name is SCOTUS

We can be forgiven for thinking that Clarence Thomas set a high-water mark for judicial corruption that would be hard for his colleagues to surpass. Just yesterday, a new investigation from The Intercept and the Project on Government Oversight deepened what we know of Thomas and billionaire donor Harlan Crow’s financial ties, highlighting how Crow purchased a second citizenship in the tax haven island nation of St. Kitts and Nevis, which makes tracking Crow’s financial transactions—including his gifts to Thomas—extremely difficult. The investigators point out that this will complicate Senate Finance Committee Chair Ron Wyden’s request that Crow provide evidence that he “complied with all relevant federal tax and ethics laws.” Nothing worrisome about a top U.S. justice being financially entangled with a billionaire who changed his citizenship to evade U.S. law!

April 19, 2023

KJ Boyle Andrea Beaty Emma Marsano

Newsletter Anti-MonopolyConsumer ProtectionDepartment of JusticeFTCGovernment CapacityIndependent Agencies

To Reverse Decades Of Neglect, Antitrust Agencies Need Robust Budgets

The FTC and the DOJ are still dealing with a deluge of corporate mergers, and still only have capabilities to challenge a handful of those actions each year. Restoring competition in the U.S. economy will require much more than slight increases in funding — these government agencies need monumental budgets to take on entrenched monopolies that have flourished with decades of lax enforcement.

April 12, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter Congressional OversightCorporate CrackdownEthics in Government

This Era of Elite Impunity Must End

What is it called when one of the nine most powerful judges in the U.S.—a man whose title is literally Justice—has routinely accepted secret private jet rides and luxury yacht vacations from a billionaire right-wing mega-donor for over two decades? What does it mean that this was not disclosed, in violation of the Ethics in Government Act? If the ruling class wants the public to believe that the rule of law means anything to them, then the answer must be “breaking the law,” necessitating investigations, trials, and professional consequences.

April 05, 2023 | Revolving Door Project Newsletter

Dylan Gyauch-Lewis Hannah Story Brown

Newsletter Department of JusticeDepartment of TransportationFinancial RegulationGovernanceIndependent AgenciesRevolving Door

Several Flavors of Regulatory Failures

Until the Biden administration learns that they need to draw a sharp contrast with their predecessors and, generally, do a full 180, they will keep getting egg on their faces. And when the blame genuinely belongs to both the Trump and Biden administrations, warranted criticism of disastrous Republican deregulation is undermined.

March 15, 2023 | Revolving Door Project Newsletter

Hannah Story Brown

Newsletter 2020 Election/TransitionClimate and EnvironmentFinancial RegulationInterior

Selling Out the Arctic; Bailing Out the Rich

The year is 2023, the concentration of carbon dioxide in the atmosphere is 50 percent higher than it was before the Industrial Revolution, and the so-called “climate president” has decided to go ahead with industrializing the Arctic wilderness, a region already warming four times faster than the rest of the world. 

February 15, 2023 | Revolving Door Project Newsletter

Hannah Story Brown Emma Marsano

Newsletter Climate and EnvironmentEthics in GovernmentGovernance

The Value of a Human Life, According to Economists

Last week a shocking story from NPR largely slipped under the radar. The headline: “Why the EPA puts a higher value on rich lives lost to climate change.” Climate Correspondent Rebecca Hersher shared the “twisted tale of math, ethics and climate change” that is the Environmental Protection Agency’s effort to decide what’s been called the most important number you’ve never heard of: the social cost of greenhouse gases. 

February 08, 2023 | Revolving Door Project Newsletter

Hannah Story Brown Ananya Kalahasti

Newsletter Corporate CrackdownEthics in GovernmentHealthRevolving Door

Will the White House Let Covid Vaccine Prices Skyrocket?

Since the early days of the pandemic, the federal government has been pre-purchasing Covid vaccines at an average cost of around $20 per dose (around $29 per dose for the bivalent boosters) to ensure public access to vaccination at no cost. However, with Congress no longer willing to fund Covid treatment, the Biden administration has indicated that it intends to end the Covid public health emergency in May, and more or less hand over control of Covid prevention to the healthcare industry.