It shows that he knows Biden will be president, and that he has to do what’s necessary to damage his effectiveness.
SEC
Posted inCabinet Watch
Biden Can Echo Trump’s Favorite Phrase: ‘You’re Fired’
The president-elect has the power to get rid of Trump loyalists in a number of agencies on day one.
Posted inLaw and Justice
The Mysterious Case of Jay Clayton
The chair of the Securities and Exchange Commission is the other player in the U.S. attorney scandal.
Posted inMoney, Politics, and Power
The Quiet Seizure of Independent Agencies
Chuck Schumer has stood mute while Donald Trump and Mitch McConnell hand a gift to corporate America.
Posted inLaw and Justice
Making the World Safe for Fraudsters
The SEC’s most important enforcement tool to fight securities fraud is at stake in a case before the Supreme Court.
Posted inMoney, Politics, and Power
Useless Wells Fargo Settlement Shows the Rule of Law Ended Long Ago
A bipartisan tradition of no prosecutions and weak fines against big banks continues.
Posted inMoney, Politics, and Power
WeWork’s Revolving-Door Games Called Into Question
Progressive groups highlight how the embattled company hired former senior SEC officials to represent its interests at the SEC.
Posted inEnergy and the Environment
The Biggest Threat to Financial Stability Is the Climate
A new paper makes the case that financial regulators are ignoring the significant risks from a warming planet and even from efforts to green the economy.
Posted inPolitics
Chuck Schumer Has an Important Choice to Make on Regulatory Personnel
By custom, the Senate minority leader has broad authority to name commissioners to independent agencies. Schumer must select Democrats willing to take on corporate power.
Posted inMoney, Politics, and Power
Big CEOs Persuade the SEC to Tame Shareholder Activism
The Business Roundtable’s vow to be kinder corporate actors was a fig leaf for building fortresses around management decision making.
