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August 05, 2020 | The American Prospect
The Big Tech Hearings Could Be a Model for Corporate Accountability
In 2018, Democrats ran and won on a platform to hold President Trump and his cronies accountable. Many observers expected to be treated to a full schedule of oversight programming in the succeeding Congress, with a nearly endless stream of smug incompetents being caught in their lies and obfuscations. Some even dared to hope that the oversight fervor might spill over to another breed of smug incompetents: corporate CEOs. But, alas, the promised enthusiasm for oversight never seemed to materialize, let alone spread to new targets. (As usual, House Financial Services Committee chairwoman Maxine Waters, who confronted big bank CEOs within months of assuming control of her committee, stands out as a rare exception).
July 31, 2020 | New Republic
The Future Of Trust-Busting Is In Joe Biden's Hands
Overall, it was a rout in favor of the anti-monopoly movement. So policy-wise, what does it all mean going forward? Almost nothing, unless Joe Biden appoints strong personnel.
July 29, 2020 | Talking Points Memo
Today’s Congressional Hearing Will Test Big Tech’s Simplest Algorithm: If An Ex-Regulator, Then Hire
The tech companies set to testify before the House today knew for years that a reckoning was in the works. They’ve been building up their defenses, and a key component of that defense is the antitrust enforcement officials who take a trip through the revolving door to the benefit of corporate clients.
July 28, 2020 | American Prospect
The 277 Policies For Which Biden Need Not Ask Permission
On their own, none of these 277 policies will fully solve any of the interlinked crises we now face. But they can go a significant way toward immediate harm reduction. Some can even solve long-standing problems, simply by enforcing or fully implementing laws already on the books.
July 21, 2020 | Sludge
Kamala Harris' Deep History Of Letting Facebook Off The Hook
One does not often rise through California politics at Harris’ speed without making some concerning friends in Silicon Valley.
July 18, 2020 | Washington Monthly
Better Policy Ideas Alone Won’t Stop Monopolies
Over the last four years, new voices in the Democratic Party have been calling for policies that push back on established power structures. The growing anti-monopoly movement is a major part of this populist uprising—aimed at breaking up the corporate giants that dominate large swaths of the economy.
July 13, 2020 | The American Prospect
Trump’s Tax Returns Remain Hidden. Blame Richard Neal.
Don’t let the headlines fool you. The Supreme Court’s decision last Thursday in Trump v. Mazars doesn’t deserve much celebration. Although the Court upheld Congress’s right to investigate the president as a general matter, it placed new restrictions on that power and punted on the specific question at hand: Can Congress get immediate access to President Trump’s financial records through his accounting firm? With the case potentially headed for many more months of litigation, there is a significant chance the president’s records will not be made public before the election this fall.
July 08, 2020 | In These Times
How The Trump Administration's Small Business Program Has Failed Communities Of Color
Trump’s SBA not only failed to support businesses struggling the most in the midst of the pandemic, but it failed to fulfill its purpose as defined by Congress. When it first created the agency, Congress specifically outlined the SBA’s obligation to support entrepreneurs from socially disadvantaged groups, who faced (and continue to face) limited access to credit, lower credit scores, a lack of relationships with financial institutions and lower levels of personal wealth.
June 24, 2020 | The American Prospect
The Quiet Seizure Of Independent Agencies
Over the past several years, Trump has repeatedly nominated, and McConnell has confirmed, unpaired Republican nominees to independent agency boards, creating persistent imbalances across the regulatory apparatus.
June 19, 2020 | Washington Monthly
How Biden Can Prove He’s Serious About Busting Corporate Monopolies
At the beginning of the coronavirus outbreak, Americans quickly learned just how unprepared the country was for a pandemic. One of the most alarming revelations was that the U.S. had nowhere near the number of ventilators and other life-saving medical equipment it needed to fight the virus. That’s largely because of a surprising culprit: the Federal Trade Commission (FTC).
June 08, 2020 | The American Prospect
Rahm Emanuel, The Worst Man For The Moment
If Emanuel gets Biden’s ear during the transition, he will do everything possible to protect the powerful and sink the ambitions of the populist base. But, again, it isn’t clear if Emanuel is overstating his supposed influence to, in Ruthhart’s words, “keep himself relevant.”
May 26, 2020 | The American Prospect
Joe Biden's Friend From JPMorgan Chase
Scher has run all of JPMorgan Chase’s political influence operations since 2008. He is a brotherly and sociable person, but he has worked for two decades to undermine governance by and for the public, rather than private, interest.
May 20, 2020 | Talking Points Memo Cafe
We Can’t Let Him Get Away With It: Trump Chose Wall Street Over Main Street
In an advertisement released earlier this month, the Lincoln Project, an anti-Trump PAC, claimed that the Trump administration bailed out big banks via its coronavirus stimulus legislation (the CARES Act), leaving Main Street to suffer the effects of the pandemic. “Trump bailed out Wall Street, not Main Street,” a grim voice-over tells the viewer. President Donald Trump quickly took to Twitter hurling insults at the leaders of the PAC. Soon after, Politifact reported the advertisement’s claim was false, and Facebook subsequently labeled the advertisement “partially false.” But the Lincoln Project’s statement is true by any measure: The Trump administration played a central role in crafting the CARES Act, a piece of legislation that has bailed out Wall Street and not Main Street. The designers of the CARES Act must be held responsible for their actions.
May 19, 2020 | Washington Monthly
How Democrats Can Start to Protect America’s Food
Life under COVID-19 is awash in tragedy and frustration. People are stuck in their homes. Millions have lost their jobs. Front-line healthcare providers don’t have the personal protective gear and other equipment they need. What makes it all even worse is the sense that so much of this was avoidable.
May 06, 2020 | The American Prospect
Apple Gets A Boot In Joe Biden's Door
On April 30, the Biden campaign announced to surprisingly little fanfare that it had selected a committee of advisers who’d help pick his running mate. The only non-politician of the bunch is Cynthia Hogan, Apple’s top lobbyist since April 2016.