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Fintech is neither inherently good nor bad; rather, like any technology, its potential impact on society is closely tied to the policy decisions guiding its use — and the next four years could define how much the fintech industry is able to shape the financial system. Left to their own devices, fintech firms could swindle average people through ill-advised day-trading or high-interest loans, usher new systemic risks into the financial system, and develop traceable, privately owned currencies with the potential to replace cash.

On Monday, President Biden announced his intention to name Federal Trade Commissioner Rohit Chopra as the Consumer Financial Protection Bureau’s next director, earning a rare, unqualified cheer from the party’s left flank. Despite serving in the minority on the FTC, Chopra has managed to have a ground-shaking impact, earning a reputation for skillful and creative maneuvering. It is encouraging to see his dogged work for the public interest rewarded and the CFPB land in such capable hands. Just elevating Chopra, however, is not enough. If Democrats are serious about good governance and building their party’s power, they must look to the institutional features that provided Chopra with a platform and honed his governing skills so that, moving forward, he is not such a lonely figure.

Over four years, federal workers were ignored, subjected to retaliation, and fired for articulating politically inconvenient truths or standing in the way of President Donald Trump’s attacks against the public. By all accounts, that is set to change under President-elect Joe Biden. But while new attacks may not be forthcoming, the fissures from old ones will remain, threatening the federal government’s structural integrity unless the next administration and Congress take action. For all that we know about Trump’s assaults on the federal workforce, there is likely more that remains hidden. Up to this point, Democratic leadership has failed to make combating or uncovering these incursions a priority. For the sake of the Biden administration’s success, that will need to change.

Biden framed his campaign as “Scranton vs. Park Avenue,” promising an end to corporate government. But in order to do that, Biden must seal the revolving door between corporate law firms and the federal government. There is no shortage of brilliant attorneys who have dedicated their careers to serving the public interest and fighting for social justice who are ready to do that work within the new administration.

Michael Pyle, Vice President Harris’ incoming chief economist, is the latest member of BlackRock’s “shadow government” to be hired by the Biden-Harris administration. His record working for austerity advocate Peter Orzsag and TPP-proponent Lael Brainard should be a major red flag.

One role that remains unfilled will be vital to enacting Biden’s policy agenda: the administrator of the Office of Information and Regulatory Affairs (OIRA). Although many Americans have never heard of OIRA, the office is well known among corporate lobbyists, who take full advantage of its ability to stop regulations in their tracks. Since the Reagan administration, OIRA has earned a reputation as “the death row of well-meaning legislation.”

In an age of financialization and monopoly, ‘private-sector experience’ too often translates into those who successfully plunder for profit. Jeffrey Zients epitomizes that trend.

It’s December, and Senate Majority Leader Mitch McConnell is still dodging calls to explicitly acknowledge that President Trump lost the election. It’s clear, however, that he knows who the next president will be. True to form, he’s working hard to undermine Joe Biden by confirming Trump’s nominees to independent agencies in the final days. This could shut down Biden’s ability to influence critical agencies’ composition for months, if not years, with severe consequences for regulatory enforcement and new rulemaking.

In McConnell, Biden likely faces an opponent ideologically hellbent on sabotaging any government led by someone with a “D” next to their name. McConnell has had ample opportunity to address Covid-19, its accompanying recession, climate change, and other crises facing the country—his inaction speaks for itself.