November 22, 2024
Silicon Valley’s Not-So Subtle Influence Peddler Wants Attention
Adam Kovacevich has spent his career pushing for more big tech influence. His latest bid? Pretend to be a reasonable progressive voice
July 16, 2024
Graft And Scams Rule The Republican Party. Let Them Have It.
Biden’s Futile Attempts To Win Back The Hearts Of Long-Gone Crypto Scammers Won’t Work. They Will, However, Allow The Democratic Party And Its Base To Get Fleeced.
February 21, 2024
Larry Summers Resigned Just Days Before Block Inc.’s Alleged Inadequate Practices Made Public
Once again Summers has resigned just before a company became embroiled in scandal.
February 21, 2024
Revolving Door Project: Whistleblower Alleged CashApp Is Haven For Money Launderers And Other Criminals. Don’t Let Larry Summers’ Resignation Allow Him To Escape Scrutiny… Yet Again
The former Treasury Secretary and current Harvard professor abruptly resigned just a week before reports of federal investigation went public. The media cannot allow his feeble attempt to avoid attention work yet again.
December 21, 2023
Bitnomial CEO Cheers After Disturbing Day at CFTC
Dissenting Commissioner Christy Goldsmith Romero, meanwhile, warned that the agency’s approval of a vertically integrated crypto market threatens to open a Pandora’s box.
December 07, 2023 | The American Prospect
Wall Street’s Favorite Financial Regulator May Be Looking for a New Job
CFTC Chair Rostin Behnam’s term doesn’t end until 2026, but there are rumblings of an early exit to the private sector. Place your bets where he’ll end up next!
December 07, 2023
Henry Burke Jeff Hauser Kenny Stancil
FOIA RequestPress Release CryptocurrencyEthics in GovernmentFinancial RegulationFintechRevolving Door
Press Release: The Revolving Door Project, A Government Ethics Watchdog, Alerts Media Of Possibility That CFTC Chair Rostin Behnam Is Considering Leaving Government To Cash Out In Private Industry
The Revolving Door Project, A Government Ethics Watchdog, Alerts Media Of Possibility That CFTC Chair Rostin Behnam Is Considering Leaving Government To Cash Out In Private Industry
November 22, 2023
PRESS RELEASE: Larry Summers’ Ascent to OpenAI Board is Awful News for Humanity
Revolving Door Statement on Crypto proponent Larry Summers joining the board of Sam Altman’s OpenAI
August 09, 2023
The Small Business Administration Needs To Increase Its Capacity, Not Lending Authority To Fintechs
Continued reliance on underregulated financial technology companies could stand to further harm the agency’s reputation and goals for lending equity.
April 19, 2023
Amid Reports of Block’s Alleged Criminality, How Does Board Member Larry Summers Manage His Multiple Corporate Engantlements?
It’s high time that members of the press who regularly turn to Summers for his views on the economy begin questioning him on how he is able to adequately perform his multiple advisory roles and moreover, why there is a pattern of illegality at firms he advises. Or they could simply toss him to the aether, and platform non-conflicted experts instead.
March 23, 2023
Larry Summers-Linked Payments Company Accused of Criminality
Short-seller Hindenburg Research says the payments mogul Block has inflated user metrics, ignored widespread criminal transactions on its platforms, and evaded regulations.
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 01, 2023 | Revolving Door Project Newsletter
Dylan Gyauch-Lewis Emma Marsano Ananya Kalahasti Julian Scoffield
Congressional OversightConsumer ProtectionExecutive BranchFintechHealth
What Makes a Good Executive Branch Official?
If we had to make one overarching argument about what makes a good executive branch official, whether at a massive cabinet-level department, a medium-sized agency, or a tiny commission, it is this: a habit of skepticism about corporate claims.
June 08, 2022
RELEASE: Lummis-Gillibrand Crypto Bill Is An Irresponsible Handout To The Crypto Industry
“The industry carve outs in this bill are a reminder of the danger of corporate influence in our political system. The crypto industry’s leading figures have spent enormous amounts to shield the industry from proper financial oversight. This money has been funneled towards revolving-door hiring of former CFTC officials, formation of super PACs, and congressional campaign donations. The industry has also bemoaned the SEC’s robust regulatory posture, decrying it with the self-defeating ostensible insult of ‘regulation by enforcement.’ That supposed criticism merely underlines the urgent need for the SEC to act. Existing law is clear, and it mandates that the SEC enforce existing statutory and regulatory limits that crypto bros have brazenly broken on the assumption that they will be able to buy clemency before they are sanctioned appropriately.”
June 06, 2022 | The American Prospect
Sam Bankman-Fried’s Multimillion-Dollar Game
A leading voice in this push is Sam Bankman-Fried, 30-year-old CEO of crypto trading exchange FTX. Christened by some as a crypto prince and others as Washington’s aspiring kingmaker, Bankman-Fried has in the past year developed an extensive crypto policy agenda that entails revolving-door hiring of former CFTC officials, formation of super PACs, and congressional campaign donations.