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November 23, 2021
Polling Finds Enormous Bipartisan Support For Crackdown On Corporate Lawbreaking
70 percent of Republicans, 70 percent of Independents, and 70 percent of Democrats surveyed believe the Biden administration should do more to hold lawbreaking corporations accountable.
November 22, 2021
RELEASE: Revolving Door Project Criticizes Biden For Choosing To Own Ethics Scandals And Deregulation By Renominating Powell
“We are extremely disappointed to see Biden renominate Jerome Powell as Chair of the Federal Reserve Board. Biden’s endorsement of Powell’s deregulatory agenda will greatly harm American families. Biden has an ambitious and urgent agenda on climate, financial stability, and addressing racial and economic inequality. Powell as Chair of the Federal Reserve will make it more difficult for Biden to ultimately be a successful president. Today is a win for the conventional wisdom and Establishment and a defeat for the planet and Joe Biden’s ultimate legacy.”
November 20, 2021
Attention Democrats: Make Corporations Your Enemies
Actual politics requires taking action against actual villains to solve problems, not the shrugging and cowering which elites persuade themselves is ‘savvy.’
November 19, 2021
FOIA Response Suggests Fed's Powell Was Dishonest About Personal Ethics Signoff
An inquiry from the Revolving Door Project has revealed the absence of any records of any communications of any kind between Powell and the Office of Government Ethics,
November 02, 2021
New Report Details How Reduced Staff Capacity Will Hamper Climate Action
This administration has consistently affirmed its commitment to rebuilding the federal workforce. But with only 98 months left until 2030, at which point we will need to have cut U.S. emissions in half to avoid climate catastrophe, it should be clear that there’s no time to waste turning words to action.
October 28, 2021
Watchdogs Request Fed Communications And Calendars For Continuing Ethics Inquiry
President Biden is nearing a decision on a Federal Reserve Chair nomination, but the Revolving Door Project’s work will not end with the conclusion of the reappointment fight.
October 26, 2021
The Myths And The Facts About Jerome Powell
We hope that these one-pagers help political professionals, the press, and onlookers to better understand the facts surrounding the reappointment debate.
October 21, 2021
Treasury's Climate Report Sees Impending Catastrophe And Shrugs
“It’s extremely disappointing to see this long-awaited report be so watered down by what can only be described as climate apathetic FSOC members.”
October 07, 2021
Watchdogs Request Fed Leadership's Contacts With Ethics Office
“The malfeasance already in the public record is staggering. For the sake of government integrity, the public must learn how deep the rot goes at Powell’s Federal Reserve.”
October 05, 2021
Powell, Vice Chairs, And Regional Bank Presidents' Trading Demands Congressional Oversight
“Drastic action is necessary, because the prevailing assumption that what is going on at the Fed is a string of harmless, sloppy errors strikes us as wildly unsupported by the facts.”
October 04, 2021
Powell Misled Reporters About His Finances While Admitting To Lax Ethics Practices
Powell neglected to mention that he’d personally purchased shares that year in several actively-managed municipal bond funds, as a Revolving Door Project review of the Fed Chair and Vice Chairs’ 2020 financial disclosure forms shows.
September 30, 2021
Powell And Vice Chairs Transacted Millions In 2020, While Brainard Made No Trades
The fact that the Fed’s current leadership team made or benefitted from multimillion dollar transactions contextualizes what we’ve seen at the Boston and Dallas regional banks: Chair Powell has facilitated a broad culture of lax ethical practices at the highest levels of the nation’s central bank.
September 24, 2021
Biden Administration’s Inaction on Vaccine Equity is Cowardly and Shameful
“Over four months after announcing its support for the COVID-19 TRIPS Waiver, the Biden administration’s once promising step towards achieving vaccine equity is proving to be little more than an empty promise. Officials across the administration are cowering in the face of Big Pharma’s insatiable appetite for profit rather than pursuing one of many paths to rapidly ensure equitable access to vaccines worldwide.”
September 23, 2021
Omarova Appointment Brings Expertise And Independence To Comptroller Role
Professor Omarova has spent over a decade fighting for the belief that the public should set rules for banks, rather than banks setting rules for the public.
September 16, 2021
Fed's Powell Must Place Embattled Bank Presidents On Leave, Ethics Watchdogs Write In Letter
It really shouldn’t surprise anyone that a former Carlyle Group executive — a firm whose whole profit strategy is based on exploiting insider connections in the federal government — hasn’t prioritized ethics and oversight in running the nation’s largest stockpile of potentially market-moving information.