March 17, 2023 | RDP Newsletter
Hack Watch: Two Percent Is Just A Number
There’s nothing special about the Fed’s target inflation rate
March 15, 2023 | The Nation
Why Is Larry Summers So Obsessed With Tech Bros?
For the past two years, former Treasury secretary Larry Summers has begged, berated, and bullied federal policy-makers to suck as much wealth as possible, as fast as possible, out of the economy. He just never meant, you know, his wealth or his friends’ wealth.
March 15, 2023 | Revolving Door Project Newsletter
Selling Out the Arctic; Bailing Out the Rich
The year is 2023, the concentration of carbon dioxide in the atmosphere is 50 percent higher than it was before the Industrial Revolution, and the so-called “climate president” has decided to go ahead with industrializing the Arctic wilderness, a region already warming four times faster than the rest of the world.
March 15, 2023
RELEASE: Michael Barr's Fintech Partnerships May Cloud Judgment Of SVB Autopsy
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 08, 2023
Does Austan Goolsbee Still Blindly Trust Wall Street?
His defense of HAMP is that his hands were tied, but he seemingly went out of his way to handcuff himself.
March 06, 2023 | The American Prospect
Rumored Fed Nominee Thinks Tim Geithner Did Right By Homeowners
Eberly and her co-author, fellow economist Arvind Krishnamurthy, find that Geithner’s policies were excellent, and his biggest critics should shut up.
March 03, 2023
Media Continues To Rehabilitate Disgraced Former Fed Vice Chair
Insider-trading can’t keep Powell’s right-hand man from becoming CNBC’s new favorite expert.
March 02, 2023
Workers Beware: Biden’s Potential Fed Pick Prescribes Unemployment & Reduced Social Security Benefits
Karen Dynan has been reported as one of a few economists on Biden’s shortlist to replace Lael Brainard on the Federal Reserve Board of Governors. While her proponents have highlighted the Harvard-trained economist’s perfect centrist resume, her recent statements on how best to tackle inflation should concern workers and their allies. And this blithe analysis concerning unemployment should come as no surprise – Dynan, like Biden’s foils in the GOP, believes cuts to Social Security benefits are likely.
March 01, 2023
We Don't Need A Morgan Stanley Economist On The Fed
The conflict of interest here would be self-evident.
February 27, 2023
Vishal Shankar Max Moran Jeff Hauser
Press Release Consumer ProtectionFinancial RegulationIndependent AgenciesJudiciarySupreme Court
Supreme Court Must Overturn Fifth Circuit's Radically Pro-Corporate Attack On The CFPB
The Fifth Circuit is trying to destroy the only cop on the beat protecting consumers. SCOTUS must overturn their radical assault on the CFPB.
February 24, 2023 | Revolving Door Project newsletter
"Economic Science" Is Whatever Larry Summers Wants It To Be
In many cases, Summers refuses to distinguish between his personal ideology about economics and what he thinks are scientific laws of nature.
January 19, 2023
Corporate Hypocrites Celebrate MLK Day While Suing To Protect Discrimination
Big banks publicly tout a “great leader’s legacy” while quietly fighting against what he stood for.
January 18, 2023
Treasury's Ineffectual Climate Advisor Revolves Out
Morton’s tenure brought no visible advancement in the fight against climate change.
January 18, 2023
Larry Summers Must Answer for Years of Revolving Door Service to Collapsing Crypto Company
The media must stop treating Summers as an impartial expert and recognize how he uses his status in the economic media to provide credibility to corporations.