Revolving Door

April 24, 2024 | Revolving Door Project Newsletter

KJ Boyle

Newsletter

Anti-MonopolyIndependent AgenciesRevolving Door

National Small Business Week 2024

This Sunday marks the start of National Small Business Week (NSBW). Hosted by the Small Business Administration (SBA), NSBW is an opportunity to celebrate the contributions that small businesses make to both the economy and our communities. It also allows Biden and his surrogates to go on a press tour touting his achievements in helping small businesses compete in an economy increasingly characterized by corporate consolidation. 

Yet, once again, the Small Business Administration is squandering the potential of its signature event by partnering with the very same monopolistic corporations that Biden’s antitrust enforcers are fighting in the courts.

March 29, 2024 | The American Prospect

Timi Iwayemi Alex Moss

Op-Ed Congressional OversightEthics in GovernmentPatent and Trademark OfficePharmaRevolving Door

Senators’ Latest Attempt to Enrich Big Pharma Must Not Prevail

The patent system exists to promote scientific innovation to benefit the public, not to enrich private interests regardless of the merits of their scientific contributions. Yet that is precisely what PERA and PREVAIL would do by granting Big Pharma even more sweeping government monopolies and associated price-gouging power.

March 25, 2024 | The American Prospect

Hannah Story Brown

Op-Ed ClimateIndustry InfluenceRevolving Door

Tim Ryan’s Natural Gas Advocacy Makes a Mockery of Public Service

If meteorologists could gauge the pressure of climate denial with their barometers, they’d surely have picked up on a remarkable atmospheric phenomenon over Houston, Texas. The annual confab of oil and gas industry executives known as CERAWeek—a safe place for fossil fuel aficionados guarded by exorbitant ticket prices and a no-entry policy for environmentalists—has just wrapped.

February 29, 2024

Hannah Story Brown

Press Release ClimateExecutive BranchRevolving DoorTreasury Department

RELEASE: Treasury Must Continue To Stand Firm Against Industry Fearmongering and Regulatory Capture in Finalizing Clean Hydrogen Guidance

In response to Thursday’s reporting from E&E News on the Energy Department pushing the Treasury Department to align its clean hydrogen tax credit guidance with industrial polluters’ wishlist, the Revolving Door Project released the following statement: 

January 31, 2024 | Revolving Door Project Newsletter

KJ Boyle

Newsletter Anti-MonopolyExecutive BranchIndependent AgenciesLaborRevolving Door

More Revolvers Join The Fight Against The Regulatory State

The regulatory authority of the executive branch is under attack, and BigLaw firms stacked with revolvers are on the front lines leading the assault. I’ve previously written about former FTC Commissioner Christine Varney challenging the legitimacy of her former employer on behalf of pharma company Illumina. Lawyers at Latham & Watkins, a firm stacked with revolvers from executive branch agencies, are before the Supreme Court challenging the Chevron Doctrine, which defers to executive agencies’ interpretations when legislative statutes are unclear. The Securities and Exchange Commission’s ability to hold administrative proceedings hangs in the balance as we await the Supreme Court’s decision in SEC v. Jarkesy, where the Fifth Circuit’s ruling decimated the agency’s authority. In a new attack, revolvers on the labor/management relations team at Morgan Lewis & Bockius have their sights set on the plutocrats’ latest target: the National Labor Relations Board.

January 26, 2024 | The American Prospect

Timi Iwayemi

Op-Ed AccountingAnti-MonopolyEthics in GovernmentFinancial RegulationRevolving Door

Corporate Self-Oversight

Accounting’s technical jargon makes the industry obscure to most Americans. It’s likely your next-door neighbor has no idea of the PCAOB’s activities, its responsibility to protect investors, or its history of negligence. That’s expected, but chair Williams is now working to turn the ship around to fix the shortcomings of one of America’s most consequential oligopolies, and it will improve the economic lives of an unaware public.