April 06, 2023
Despite years of our best advice, and indeed the better judgments of Sen. Elizabeth Warren and other progressives in Congress, government watchdogs like Americans for Financial Reform (AFR) and others, nearly one year ago President Joe Biden disappointed his responsibility to the public and to his own economic agenda by renominating Donald Trump’s hand picked head of the Fed: Jerome Powell. Biden bafflingly stuck by Powell despite his years of betraying labor unions, environmental groups and frontline communities, and the middle class. As a result, broad coalitions of folks concerned about the climate crisis, about the long term safety and stability of our financial system, about attacks on labor and the working class, about housing insecurity and the long term impacts of the pandemic, mobilized against Powell’s renomination because his storied track record of, well, making each of these things (and more!) worse.
April 06, 2023
No one can reasonably retain a shred of benefit of the doubt in the face of this evidence.
March 25, 2023 | Common Dreams
American workers have just started getting the barest minimum of a few lucky breaks. But that is terrifying to Rattner and his fellow moguls, so they need some sort of rational argument for why these bare scraps of power are actually bad for everyone.
March 15, 2023
As of now, Barr is assigned to investigate supervisory failures that occurred under his watch featuring a bank that catered in particular to the crypto and fintech industries which Barr was so active in immediately prior to revolving back into government. Barr is a walking conflict of interest. His central role in the investigation is damning
March 13, 2023 | The American Prospect
It’s been over 764 days since Donald Trump left the White House, yet his legacy still – even years into Biden’s own term – continues to pervade our highest echelons of government.
March 12, 2023 | Common Dreams
Christine Wilson leaving the FTC is good news for anyone who cares about effective antitrust enforcement. A quintessential revolving door figure, Wilson’s tenure was only useful to her job prospects once she decided it was time to leave the FTC.
March 06, 2023 | The American Prospect
Eberly and her co-author, fellow economist Arvind Krishnamurthy, find that Geithner’s policies were excellent, and his biggest critics should shut up.
February 23, 2023
“Neither private equity, nor Mastercard, nor Citigroup, nor PepsiCo, nor Nestlé, nor Dow promote shared prosperity.”
February 17, 2023 | RDP Newsletter
February 15, 2023 | Revolving Door Project Newsletter
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
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.