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December 08, 2023
Credulous Press Shouldn’t Buy That Binance Will Be OK
Overemphasizing the fines leveled against the crypto exchange ignores the true point of the settlement: regulatory compliance.
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
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
President Biden’s Commodity Futures Trading Commission chair has used a light-touch approach to regulation throughout his tenure, making a lot of friends on Wall Street and in the world of cryptocurrency. He could become the Biden administration’s highest-profile regulator to revolve thus far.
December 01, 2023
HackwatchNewsletter BankingCongressional OversightConsumer ProtectionFinancial RegulationIndependent Agencies
Wall Street’s Favorite Republicans Are Still Attacking The CFPB
These corporate shills are not “positive pragmatists”, no matter what the mainstream media tells you.
October 19, 2023
RELEASE: Corporation Long Advised by Larry Summers Faces Federal Court Order After Refusing To Comply With SEC Subpoena
Revolving Door Project Executive Director Jeff Hauser released the following statement in response to Southern District of New York Judge Jed Rakoff’s court order demanding Genesis Global Trading comply with the SEC subpoena:
October 02, 2023 | The American Prospect
Op-Ed Consumer ProtectionEthics in GovernmentFinancial RegulationIndependent AgenciesJudiciarySupreme Court
Clarence Thomas Has Yet Another Huge Conflict of Interest
Revolving Door Project research reveals that right-wing elites in the Horatio Alger Association stand to benefit from a lawsuit attempting to destroy the CFPB. The group has close ties to Clarence Thomas.
September 28, 2023
Blog Post Consumer ProtectionEthics in GovernmentFinancial RegulationIndependent AgenciesJudiciarySupreme Court
Everything You Should Know About The CFPB SCOTUS Case
Corporate predators and their Republican lackeys want our corrupt Supreme Court to make fraud legal again. Their greed could yield catastrophic economic damage.
September 26, 2023
Blog Post BigLawConsumer ProtectionDepartment of JusticeFinancial RegulationRevolving DoorSupreme Court
Payday Lenders Repped In CFPB Case By Firm That Picked Trump’s SCOTUS Nominees
Jones Day, the Trump admin’s favorite law firm and home of its most notorious alums, is trying to kill the Consumer Financial Protection Bureau.
September 25, 2023
Press Release Consumer ProtectionEthics in GovernmentFinancial RegulationIndependent AgenciesJudiciarySupreme Court
Clarence Thomas Must Recuse From Koch-Backed CFPB SCOTUS Case
Corrupt Supreme Court Justice should not participate in case that would benefit his wealthy benefactors.
September 21, 2023
Disgraced Revolving Door Republicans Back Payday Lender Attack On CFPB
Trent Lott, Tom Price, John Boehner and other corporate shills are back to rip you off again.
September 18, 2023 | The American Prospect
The Federal Reserve Could Be a Powerful Weapon Against Climate Change
Activists are pushing Fed vice chair Michael Barr and his deputy Kevin Stiroh to force the financial sector to take climate change seriously.
August 29, 2023
RELEASE: Revolving Door Project Decries Fed’s Lack Of Action On Climate Risk Mitigation At Jackson Hole Summit, Calls For Immediate Change Of Course
Rather than rise to the occasion, Jerome Powell was cowed by preemptive Republican attacks on climate risk mitigation, failing to fulfill his obligation to protect the financial system from excess risk.
August 24, 2023 | The American Prospect
Jay Powell’s Legacy Depends on Whether He Steps Up on Climate Risk
In advance of his Jackson Hole speech, the Fed chair has neglected his role of ensuring the safety and soundness of banks with substantial fossil fuel assets.
August 17, 2023 | The American Prospect
The CFTC Ponders Gambling on Democracy’s Future
As long as one party remains totally united behind a man who attempted to overthrow the government by force, was the most corrupt president in American history, and undermines the public’s faith in elections at every turn, the future of American democratic self-government is at risk.
Sounds scary. But what if I told you this was a great opportunity for fun and profit? Silicon Valley–backed startup Kalshi is attempting to expand the amount of gambling on the country’s elections with the introduction of an “event contract” centered around congressional elections. Simply put, the firm aims to allow traders to bet on the event: Which party will win control of Congress?
August 03, 2023
Blog Post BankingCampaign FinanceCongressional OversightConsumer ProtectionFinancial RegulationIndependent Agencies
Why Does Thom Tillis Love Junk Fees?
Because his corporate donors profit from them.