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June 08, 2022
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
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
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.”
June 01, 2022
New Papers Explore Biden’s Climate Options At Justice Department, Economics Agencies
The Climate Corporate Crackdown series explores how the federal government can use existing law to bring corporate polluters and greenhouse gas emitters to heel and shift the American economy off of fossil fuels and toward a more equitable and sustainable future.
May 27, 2022
Means-Tested, Minimalist Student Debt Cancellation Would Please No One
“If this plan is implemented, then by trying to please everyone, Biden will likely please no one.”
May 17, 2022
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
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.
May 16, 2022
Barr’s Stakes In 80+ Fintech Firms Raise Crypto And Consumer Protection Concerns
Most of Barr’s holdings are in firms backed by Nyca Partners, a fintech-focused venture capital fund built by Wall Street and Silicon Valley veterans which Barr has advised for years.
May 05, 2022
Dunn's Latest White House Spin Makes A Mockery Of Ethics Law
The news today that Anita Dunn will return to the White House as a senior advisor makes clear that her involvement with this administration was never credibly temporary.
April 25, 2022
We All Know Elon Musk Is Buying Twitter To Help Him Get Away With Stock Fraud, Right?
Elon Musk is not just purchasing Twitter because, by all appearances, he is a very sad man who is desperate for other very sad men to think he is cool.
April 22, 2022
First Chapter of Multi-Part Climate Report Documents Executive Action Opportunities At Energy Department
This chapter focuses on the Department of Energy, while later chapters explore the opportunities available to the EPA, Departments of Agriculture, Interior, Justice and other executive branch agencies.
April 12, 2022
Want To Show That Dems Have Learned Nothing Since 2008? Give Michael Barr A Fed Seat
“Michael Barr was too close to fintech and cryptocurrency schemers to be the Comptroller of the Currency, and he is still too close to them to be Vice Chair for Supervision.”
March 29, 2022
Press Release Congressional OversightCorporate CrackdownDepartment of JusticeExecutive BranchIndependent Agencies
Biden Gave Most Corporate Crimes A Pass This Winter, New Analysis Shows
The Biden administration 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, a new data set from the Revolving Door Project shows
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
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.