Climate

April 28, 2021

Zena Wolf

Blog Post

2020 Election/TransitionClimateFinancial Regulation

Revolver Spotlight: Alex Oh

Last week, SEC Commissioner Gary Gensler named corporate BigLaw partner Alex Oh as Director of Enforcement of the SEC. Oh’s nomination, especially in an agency tasked with holding Big Banks accountable, is deeply concerning given her history working for some of the worst corporate influences. Oh, who has served as a partner at the BigLaw firm Paul Weiss since 2004, has taken on clients with direct conflicts of interest including Big Banks, fossil fuel companies, and Big Pharma.

April 28, 2021

Dorothy Slater

Blog Post

2020 Election/TransitionClimateFinancial Regulation

SEC's New Enforcement Director, Alex Oh, Is Bad News For Climate

Progressives and climate activists were initially heartened by the prospect of Gary Gensler at the helm of the U.S. Securities and Exchange Commission (SEC), the regulatory powerhouse responsible for regulating coordinating stock trading. And some of Gensler’s initial staffing decisions also inspired plaudits. However, we were shocked when SEC Chairman Gensler announced last week he would appoint veteran Wall Street defense lawyer Alex Oh to lead the SEC’s powerful enforcement division. This appointment is an absolute rejection of progressive values, not to mention climate reality.

March 23, 2021

Vishal Shankar

Blog Post

ClimateExecutive BranchForeign PolicyRevolving DoorTreasury Department

Revolver Spotlight: Elizabeth Rosenberg

Elizabeth Rosenberg, a lesser-known Obama-era official, is being considered to lead the Treasury Department’s Terrorism and Financial Intelligence unit. Her record designing painful economic sanctions, supporting fossil fuel industry-friendly policies, and helping powerful corporations gain close access to the highest levels of government is cause for alarm, writes Vishal Shankar.

March 16, 2021

Dorothy Slater Eleanor Eagan Max Moran

Blog Post

ClimateFinancial RegulationIndependent Agencies

FSOC 101: How Each Member Of The Financial Stability Oversight Council Can Fight Climate Change

Title 1 of the Dodd-Frank Act Title established the Financial Stability Oversight Council (FSOC) just over a decade ago. Prior to its arrival, there was no cross-agency government body tasked with protecting the financial system from systemic risks. FSOC was created to avoid repeating the mistakes of the 2008 financial crisis and to be a safeguard against financial practices with the potential to wreak global havoc.

March 16, 2021

Dorothy Slater

Blog Post

2020 Election/TransitionClimateFinancial RegulationIndependent Agencies

A Slam Dunk Climate Opportunity For Biden: Five Open Seats On The Federal Retirement Thrift Investment Board

President Biden is being presented with a straightforward, simple opportunity to make good on his promise to take a whole-of-government approach to fighting climate change. Appointing climate leaders who will take urgent climate action even if their job descriptions do not explicitly mention the environment is one of the easiest and most important ways Biden can display integrity.

March 15, 2021 | Independent Media Institute

Elias Alsbergas

Op-Ed

ClimateCoronavirusEthics in GovernmentRevolving Door

When Public Officials Get Rented Out By Corporate Power, The People Lose

From Vivek Murthy’s lucrative consulting work with Netflix and Carnival Cruise Lines to Brian Deese’s “greenwashing” of fossil fuel investments at BlackRock, the revolving door between corporate industry and government continues to undermine public trust in the Biden Administration, writes our Elias Alsbergas.