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In response to the emergence of the structure of a potential deal between President Biden and Speaker McCarthy, Revolving Door Project Executive Director Jeff Hauser issued the following statement: 

“There are three aspects to the substance and coverage of this debate that have been infuriating.”

On Friday, May 19, the National Association of Government Employees filed an emergency motion in their lawsuit against President Joe Biden and Treasury Secretary Janet Yellen. NAGE urged the Massachusetts District Court to issue a preliminary injunction holding that the debt ceiling violates the separation of powers and Presentment Clause set forth in Articles I and II of the U.S. Constitution. 

Manchin’s dirty deal is back on the table, again, according to coverage of the play-by-play of Biden and congressional leaders’ not-not-negotiations over raising the debt ceiling. Whether or not Manchin’s proposal gets packaged with a debt ceiling deal, it seems the question is when, not if, it gets taken up. That’s due in large part to Biden and Schumer’s unjustifiable fealty to Manchin, the administration’s chief saboteur, whose latest pledge is to block all of Biden’s EPA nominees.

With executive branch agencies under renewed attack as President Biden negotiates with the GOP, we revisit our research on government capacity.

Coinbase’s establishment of a new advisory council comprising former members of Congress is the latest example of the crypto industry’s embrace of Washington’s revolving door.

“GOP leaders have sent a wildly exploitative ransom note to the public. The administration should not accept its terms.”

How two ‘Masters of Disaster’ helped Hollywood execs break the last writers strike

There are a lot of things you could say about the GOP’s proposed plan to reduce the deficit. But if we want to be more expansive than just calling it “batshit crazy” and washing our hands of the whole clown show, as we think Biden can and should, then we could point out that the GOP plan is an expression of profound hostility to the idea of a federal government that serves anyone besides war profiteers.

The March 2023 collapse of Silicon Valley Bank (SVB) — aside from foregrounding the hypocrisy of neoliberal pundits and libertarian venture capitalists alike — spotlighted the instability of the cryptocurrency industry’s most ostensibly stable offering. Hidden within the uncertainty of SVB’s fate following a $42 billion withdrawal frenzy was a similar crisis of confidence for Circle Internet Financial and its stablecoin, USD Coin (USDC).

The Federal Trade Commission (FTC) and DOJ Antitrust Division have long served as an essential stop for antitrust experts looking to maximize opportunities, influence, and compensation at BigLaw firms and monopolistic corporations. By spending some time learning the ins and outs of government investigations and enforcement efforts, revolvers are seen by potential corporate employers to be better equipped to assist corporations in antitrust lawsuits against their former government employers.