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April 20, 2022 | Revolving Door Project Newsletter

Eleanor Eagan Daniel Boguslaw

Newsletter CabinetCorporate CrackdownEthics in GovernmentRight-Wing Media

RDP Meets Its Evil Twin

Here at Revolving Door Project, we spend a significant portion of our time working to explain how and why executive branch positions matter. Our team members have collectively published tens of thousands of words detailing the tools executive agencies have to help regular people and insisting that this administration make full use of them.

April 13, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Ethics in GovernmentFinancial Regulation

Conflict Is Key

If you’ve followed the Revolving Door Project for any length of time, you will be aware that we believe the Biden administration and the Democratic party need to fight harder for the public interest and do much more to ensure the public is aware of its efforts. Specifically, it is core to the project’s theory of politics that successful political leaders must not only govern effectively, but drive attention to their work by creating conflict. You can see this thread weaving through almost all of our work, but various members of our team have articulated it most clearly here, here, and here.

April 06, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter 2020 Election/TransitionAnti-MonopolyConfirmations CrisisDe-Trumpification

Separating Biden World Wheat from Chaff

Measured in positions still awaiting permanent appointments, the first presidential transition is still far from over. Of the 799 positions that the Partnership for Public Service included in its political appointee tracker, 117 still lack a nominee. An additional 161 are empty or being filled in an acting capacity as the nominees for them work their way through an ever more dysfunctional Senate confirmation process. 

March 30, 2022 | Revolving Door Project Newsletter

Eleanor Eagan Hannah Story Brown

Newsletter Corporate CrackdownDe-TrumpificationEthics in GovernmentIndependent Agencies

Build Back Cheaper, and Other Failures of the Centrist Imagination

Across the Biden administration, officials have promised (long overdue) accountability for corporate criminals. But talk is cheap. We at the Revolving Door Project are eager to see serious action to back it up. Our latest analysis, released yesterday, shows the administration is falling short of its ambitious rhetoric. We found that it “pursued at least 24 prosecutions and rulemakings to crack down on white-collar crime this winter, but took no action against at least 48 crimes or abuses.” You can read more about those cases in our brand new tracker. Our team will add updates regularly and share a biweekly news round-up with newsletter subscribers.

March 16, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Climate and EnvironmentCryptocurrencyDepartment of JusticeIndependent AgenciesLarry SummersSEC

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. 

March 09, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Department of JusticeEconomic PolicyIndependent Agencies

The Seeming Minutiae that Matters Greatly

The Biden administration is continuing to ramp up economic pressure on Russia through a far-reaching sanctions regime. However, even as many experts praise the United States’ measures, particularly those aimed at Russian oligarchs’ overseas wealth, they are also questioning how effective they will be in the face of loopholes and implementation challenges.

March 02, 2022 | Revolving Door Project Newsletter

Dylan Gyauch-Lewis Max Moran Toni Aguilar Rosenthal

Newsletter Corporate CrackdownDepartment of JusticeEconomic PolicyFinancial Regulation

What Can Biden Actually DO From His State Of The Union?

If there’s one thing the readers of this newsletter definitely haven’t read yet today, it’s a reaction to last night’s State of the Union address.

Like many, we were hoping to see President Joe Biden adopt a new overall message to the American people as his poll numbers have sagged and Democrats brace for a rough midterm election in just eight short months. We’ve been making our pitch for the last few months about what that message should be: Biden ought to use his powers to crack down on corporate villains, and heavily publicize doing so. The ubiquity of already unpopular enemies and latent presidential powers gives Biden the chance to clarify to the public what exactly he stands for. Our Jeff Hauser and Max Moran laid out the case for this “Corporate Crackdown” message in Democracy Journal in January.

February 23, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Anti-MonopolyConfirmations CrisisIndependent Agencies

To Scare Monopolies, DOJ Antitrust Division Needs Reinforcements

The Department of Justice Antitrust Division is once again stepping up its efforts to tackle the corporate greed that is helping to drive the recent spike in inflation. On Thursday, the Department announced that it would be bringing new scrutiny to supply chain profiteers. This is the latest indication that Jonathan Kanter’s Antitrust division is serious about tackling corporate consolidation and its ill-effects across the breadth of the economy. In recent months, the division has also set its sights on BigTech, shipping and rail, and meat, among other industries. It has simultaneously promised to change its approach to enforcement by bringing lawsuits instead of seeking settlements and begun the process of updating the guidelines it uses to review mergers. Altogether, that’s a big agenda.

February 16, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Congressional OversightCryptocurrencyDepartment of JusticeEconomic PolicyFinancial Regulation

Is Crypto Experiencing Inflation in the Price of Revolvers?

Inflation, it’s all anyone can seem to talk about. With prices rising at their fastest rate in more than three decades, the White House is understandably looking for ways to get things under control. Rhetorically, they’ve pointed their finger at corporate greed, highlighting the stark contradiction between companies’ claims that price hikes are unavoidable and their record profits (which, by definition, mean they can raise prices faster than their costs are rising). Action to follow that diagnosis, however, has been more muted. That is not because they don’t have options at their disposal.

February 09, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter De-TrumpificationFinancial RegulationIndependent Agencies

Compounding Delays Inflict Deep Wounds

The federal government isn’t out from under the reign of Trump-era austerity yet and it looks like it won’t be for at least another month. Congressional appropriators have signaled that they will not have an omnibus spending deal in place by the time the current government funding agreement expires on February 18. They plan to enact a short-term funding agreement through March 11 to buy more time to reach a final deal.

February 03, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Climate and EnvironmentDe-TrumpificationDepartment of JusticeFinancial Regulation

From Shriveled Enforcement to OLC Opinions, Trump Stench on Exec Branch Remains

It seems that each passing day brings another example of how chronic underfunding of government is threatening the Biden administration’s ability to make good on its promises to the public. On the campaign trail, for example, Biden pledged to hold polluters accountable. But, according to a new analysis from Public Employees for Environmental Responsibility (PEER), Environmental Protection Agency (EPA) referrals to the Justice Department fell to their lowest level in three decades in 2021 and were fully one-third lower than in 2020. A lack of capacity may also be undermining the EPA’s ability to quickly and effectively deploy new infrastructure funds for wastewater and drinking water infrastructure programs, lead pipe replacement, and cleanup of PFAS contaminants.

January 26, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Government Capacity

Don’t Continue Downplaying Continuing Resolution’s Import

We don’t know much about the new Build Back Better – what will be in it, if it has any chance of passing – but one thing is certain: it’s not moving anytime soon. That, combined with the voting rights bill’s recent defeat at the hands of Joe Manchin and Kyrsten Sinema, has many Democrats looking to executive action as their last best hope to deliver for regular people and hold on to majorities in the House and Senate this November.

January 20, 2022 | Revolving Door Project Newsletter

Eleanor Eagan Toni Aguilar Rosenthal

Newsletter 2020 Election/TransitionDe-TrumpificationExecutive BranchRevolving Door

One Year On

It has now literally been a year since President Biden officially took office, yet Donald Trump’s legacy lives on across the federal landscape. Trump’s threat to governmental stability and Democratic policy priorities particularly endure in the bad-actor figures his administration installed in termed positions and within the federal bureaucracy.

January 12, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Ethics in GovernmentFinancial RegulationRevolving Door

Pelosi Turns a Political Slam Dunk to a Troubling Liability

With Omicron surging, Build Back Better sputtering, and the latest voting rights push facing long odds, it’s no secret that Democrats are in desperate need of a win to prove their worth. So what did Democratic leadership do when one such opportunity – enthusiastically championing a move to ban members of Congress from trading stocks – fortuitously fell into its lap? You guessed it…Speaker Nancy Pelosi mocked and immediately rejected it.

January 05, 2022 | Revolving Door Project Newsletter

Eleanor Eagan

Newsletter Congressional OversightDepartment of JusticeEthics in Government

The Stones that Paved the Way to 1/6

Tomorrow marks one year from when rioters stormed the Capitol building in an attempt to overturn the 2020 presidential election. In the 364 days since that horrific event some things have certainly changed: the presidency has successfully changed hands, almost 200 insurrectionists have plead guilty, and a handful of Trump’s associates have been held in contempt of Congress for their refusal to testify before the select committee. And yet, in other respects, progress has been woefully incomplete. Key officials from the Trump administration remain in place, the federal government continues to defend many of Trump’s seemingly indefensible legal positions, and Trump and his inner circle have not faced consequences for inciting the insurrection.