SEC

March 16, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter

ClimatecryptocurrencyDepartment of JusticeIndependent AgenciesSEC

Facing Rising Prices and Falling Political Fortunes, Biden Needs to Go on Offense

With each passing day, Biden and his party appear to be facing ever more severe political headwinds. Inflation remains elevated, with a new variant threatening to further aggravate supply chain problems. Meanwhile, the (warranted) response to the war in Ukraine has specifically pushed gas prices upwards. Add to this that the Federal Reserve appears eager to throw millions out of work to slow the economy and that some of Biden’s outstanding nominations are in peril thanks to his own, uncooperative co-partisans, and things are undoubtedly looking bleak. 

December 15, 2021 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter

Confirmation CrisisDepartment of JusticeFinancial RegulationIndependent AgenciesSEC

Biden’s Bank Regulators Play Hardball

Late last Thursday, a Democratic majority on the Federal Deposit Insurance Corporation (FDIC) board announced that it had voted to take comment on the agency’s process for reviewing bank mergers, a policy that fits neatly within the Biden administration’s whole-of-government approach to competition. On its face, this is wholly unremarkable. But what should have been just another early step towards meeting this administration’s goals quickly turned into an all out war thanks to the FDIC’s Trump holdover chair Jelena McWilliams.