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November 22, 2021

Press Release

2020 Election/TransitionClimateEthics in GovernmentFederal ReserveFinancial Regulation

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 18, 2021 | The American Prospect

Hannah Story Brown

Op-Ed

Department of JusticeEthics in GovernmentExecutive BranchIndependent AgenciesRevolving Door

How Biden Can Protect Students From Predatory For-Profit Colleges

The Biden administration inherited a morass of understaffed and undermined federal agencies, weakened by the Trump administration. It makes sense that building back the government’s capacity would be an uphill battle for the Biden administration, with so many years of policymaking undermined by his predecessor. What doesn’t make sense is the jarring number of cases in which the administration is going out of its way, at considerable cost, to uphold Trump-era policies that go against Biden’s stated agenda and the public interest.

November 17, 2021

Eleanor Eagan

Newsletter

ClimateDepartment of JusticeExecutive BranchFederal ReserveIndependent AgenciesTreasury Department

After Infrastructure Week

Congressional selfies and self-congratulations inaugurated the week, but a lot of hard work remains to translate the Infrastructure Investment and Jobs Act’s (IIJA) policies into real-life results. Given that those policies are (generously) middling and that the most promising ones are underfunded, turning these into winning programs will demand energy, creativity, competence, and a strong commitment to the public interest.

November 10, 2021

Dorothy Slater Hannah Story Brown

Blog Post

2020 Election/TransitionClimateIndependent Agencies

A Fossil Fuel-Aligned Investment Executive Is Biden's Final Nominee to Manage Federal Retirement Funds

Harvard President Larry Bacow announced mid-afternoon on September 9th that the Ivy League university — whose 53.2 billion endowment exceeds the GDP of over 100 countries — would officially end its investments in fossil fuels. That announcement set off a domino reaction of divestment announcements from Dartmouth, the California State University system, Boston University, the University of Minnesota, the University of Toronto, the MacArthur Foundation, the Ford Foundation, the Netherlands’ largest pension fund, and hundreds of other groups. They appear to see the writing on the wall that fossil fuel investments, beyond being morally egregious, are also no longer profitable.

November 05, 2021 | The American Prospect

Eleanor Eagan Fatou Ndiaye

Op-Ed

ClimateGovernment Capacity

A Missing Link in the Fight Against the Climate Crisis

With his legislative climate agenda hanging in the balance, President Biden turned to executive action this week in his attempt to “assert American leadership” at COP26 in Glasgow. On Tuesday, the Environmental Protection Agency (EPA) announced sweeping new rules to curb methane emissions. Those standards, which the agency estimates would eliminate a greater volume of emissions between 2023 and 2035 than those emitted from all U.S. passenger cars and commercial planes in 2019, were rightly applauded. For now, however, these are just estimates. Ensuring that they turn into real-life emissions reductions that meet or exceed expectations will require that agencies have the capacity to promptly write strong new rules and, then, enforce them.

November 03, 2021

Letter

Anti-MonopolyTech

Penn Law Should Require Faculty to Disclose Outside Funding Sources, Letter Argues

On November 2, the Revolving Door Project led a coalition of seven organizations in a letter to Penn Law Dean Theodore Ruger. The letter calls on the law school to require its faculty to “clearly disclose any compensation or funding they receive from companies, either direct or indirect (e.g., from a foundation or organization largely funded by a corporation or corporate officer associated with a specific corporation with a stake in the work in question).”

November 02, 2021

Eleanor Eagan Fatou Ndiaye

Report

ClimateGovernment Capacity

Climate Capacity Crisis: Attrition at Climate Agencies and Immediate Steps to Address It

It has been over nine months since President Donald Trump left office, but on climate policy the federal government continues to show the scars from his disastrous presidency. At a moment when we do not have even a second to waste to avoid catastrophic climate change, agencies are struggling to build back better after attacks on scientific integrity and agency budgets left them without sufficient staff capacity and expertise. While the Biden administration has consistently affirmed its support for the federal workforce through rhetoric and action, New York Times reporting from this summer makes clear that the rebuilding is still not happening fast enough.