Bringing tech and finance executives into government because they are ‘the country’s smartest and hardest-working people’ is faintly ridiculous.
Henry Burke
Henry Burke is a senior researcher at the Revolving Door Project and a former Capitol Hill staffer. His research interests include organized labor, the gig economy, education, government capacity, and issues of economic inequality. He is a graduate of the University of California, Los Angeles.
Posted inMoney, Politics, and Power
The Ambassador for Crypto
Sean Patrick Maloney, an adviser to Coinbase, is nominated as the U.S. representative to the OECD, which is building regulatory frameworks for crypto.
Posted inMoney, Politics, and Power
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!
Posted inEconomic Policy
Secretary of Commerce Gina Raimondo Is Undercutting Bidenomics
The most tech-friendly Cabinet member should not be the one regulating artificial intelligence.
Posted inEconomic Policy
Will Anyone Hold Larry Summers Responsible for His Promotion of a Crypto Scam?
The prominent centrist economist was affiliated with the disgraced crypto firm DCG for over half a decade.
Posted inEconomic Policy
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.
Posted inPolitics
Senate Democrats Finally Control Committee Majorities. What Now?
Here are nine practical and urgent suggestions.
Posted inEconomic Policy
Biden’s Budget Should Build Back Even Better
The president’s budget is a welcome reversal of a decade of budget cuts, but it falls short of fully revitalizing the federal government.