Presidents have two powerful sticks that could weaken the pharmaceutical industry’s power to rake in astronomical profits.
Day One Agenda
The president can use laws already on the books for constructive change without abusing executive power
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The Little Agency That Could (Block All Good Regulations)
The Day One agenda is dependent on the functions of OIRA, an obscure federal agency that acts as a bottleneck for agency rules and regulations.
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Aggressively Address the Climate Crisis
Existing laws give the executive branch the power to transform the energy sector.
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Create a Public Option for Simple Banking
Under current authority, the post office can expand its financial services options. A major postal workers union even has it in their bargaining contract.
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Unleash the Existing Anti-Monopoly Arsenal
Corporate power can be neutralized if federal agencies simply used the prodigious authority they’ve been granted.
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Sanders and Warren Vow to Legalize Marijuana Through Executive Action
The presidential candidates confirmed to the Prospect that their attorney general would delist cannabis from the Controlled Substances Act.
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Make Marijuana Effectively Legal
By rescheduling cannabis as a less dangerous narcotic, the next president can upend the drug war and the damaging effects on communities of color.
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The Day One Agenda
The Next Administration: Using Presidential Power for Good
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Cancel Student Debt—Almost All of It
An obscure, decades-old provision called “compromise and settlement” authority could allow the Department of Education to opt out of collecting trillions in debt.
Posted inDay One Agenda
Overhaul the Business of Wall Street
Remaking the financial system does not require any new laws.