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June 08, 2022

Timi Iwayemi

Press Release CryptocurrencyFinancial RegulationFintechIndependent Agencies

RELEASE: Lummis-Gillibrand Crypto Bill Is An Irresponsible Handout To The Crypto Industry

“The industry carve outs in this bill are a reminder of the danger of corporate influence in our political system. The crypto industry’s leading figures have spent enormous amounts to shield the industry from proper financial oversight. This money has been funneled towards revolving-door hiring of former CFTC officials, formation of super PACs, and congressional campaign donations. The industry has also bemoaned the SEC’s robust regulatory posture, decrying it with the self-defeating ostensible insult of ‘regulation by enforcement.’ That supposed criticism merely underlines the urgent need for the SEC to act. Existing law is clear, and it mandates that the SEC enforce existing statutory and regulatory limits that crypto bros have brazenly broken on the assumption that they will be able to buy clemency before they are sanctioned appropriately.”

June 06, 2022

Dorothy Slater

Press Release Climate and EnvironmentExecutive Branch

RELEASE: Revolving Door Project Applauds Use Of Defense Production Act For Clean Energy Projects

In response to the Biden administration’s announcement that it will activate the Defense Production Act to spur domestic production of crucial clean energy projects including solar panel parts, building insulation, heat pumps, and power grid infrastructure, Revolving Door Project Senior Researcher Dorothy Slater released the following statement:

June 01, 2022

Jeff Hauser

Press Release 2020 Election/TransitionDepartment of JusticeEthics in GovernmentIndependent Agencies

With Jan. 6 Public Hearings on the Horizon, Garland Must Deliver Actual Accountability

“From Gerald Ford’s pardon of Richard Nixon, to George H.W. Bush’s pardons of the Iran-Contra scandal’s architects, to Eric Holder and Lanny Breuer’s acquiescence to the financial fraudsters who generated the Great Recession, America has seen a precipitous decline in equality under the law.”

May 17, 2022

Press Release Anti-MonopolyEthics in GovernmentIndependent AgenciesTech

Coalition Tells DOJ: Don’t Bend to Google’s Bullying, Grant Kanter a Recusal Waiver Now

The Revolving Door Project and 27 groups sent a letter to Associate Attorney General Vanita Gupta Friday, urging her to promptly issue a recusal waiver for Assistant Attorney General Jonathan Kanter to work on the Department’s case against Google. The groups, including the American Economic Liberties Project, Demand Progress, the Institute for Local Self-Reliance, emphasized that ethics law does not require Jonathan Kanter to recuse and that Google’s attempts to insist otherwise is an effort to “bully regulators into submission.” 

May 16, 2022

Hannah Story Brown

Press Release 2020 Election/TransitionAdministrative LawDepartment of JusticeEthics in Government

Biden DOJ Is Still Advancing Trump Positions, New Data Shows

Well over a year after President Biden’s inauguration, his administration continues to defend and advance Trump-era legal positions, according to an updated analysis released by the Revolving Door Project today. RDP’s long-running litigation tracker, documenting court cases in which the Biden administration has inherited and chosen to advance Trump-era legal positions, has been brought up-to-date to include new instances where the legal advocacy of Merrick Garland’s Justice Department on environmental, immigration, education, and other issues runs counter to the administration’s commitments.

March 11, 2022

Hannah Story Brown Dylan Gyauch-Lewis

Press Release Climate and EnvironmentExecutive BranchFinancial RegulationIndependent AgenciesRevolving Door

Carbon Offset Legitimization Would Undermine Climate Progress, New Report Argues

The Revolving Door Project released a new “Industry Agenda” report today breaking down the systemic flaws and increasing relevance of the carbon offset industry as the favored greenwashing strategy for big industries and high-polluting nations. The report highlights the policies and executive branch agencies of interest to players in both voluntary and compliance carbon markets in the United States.

February 17, 2022

Press Release Climate and EnvironmentFinancial Regulation

New Report Examines Treasury Research Division’s Destruction and Its Consequences for Climate Regulation

Today the Revolving Door Project released a report on the Office of Financial Research’s (OFR) capacity to proactively investigate and inform climate-aware regulation across the federal financial regulatory landscape. This is the fourth installment of our Climate Finance Capacity project, which examines the current state of financial regulation through the lens of the climate crisis. Our prior installments have looked at the role and capacity of the Commodities Future Trading Commission (CFTC), the Securities and Exchange Commission, and the Office of the Comptroller of the Currency (OCC) in crafting a more sustainable financial future.