The board charged with overseeing the firms that audit corporations has become a cushy landing place for Republican politicos averse to enforcing its rules.
SEC
Posted inMoney, Politics, and Power
JPMorgan Gets Back Into the Electricity Business
An El Paso, Texas, electric utility is being purchased by an investment fund with deep, undisclosed ties to the big bank.
Posted inImpeachment
Protect the Whistleblowers—and All Workers Who Speak Out
These government officials—like airport and oil rig workers, like Harvey Weinstein’s employees—need legal protections when they see something wrong.
Posted inDay One Agenda
Overhaul the Business of Wall Street
Remaking the financial system does not require any new laws.
Posted inMoney, Politics, and Power
Potential Nominee for Democratic Slot on the SEC Troubles Advocates
Urska Velikonja, a law professor, has a scant public record on securities policy matters.
Posted inEconomic Policy
The SEC Remains a Secondary Concern to Chuck Schumer
The Senate Minority Leader mismanaged an appointment to the agency last year, keeping a Democratic seat open for months. Will he do the same again?
Posted inMoney, Politics, and Power
Can Democrats Stop McConnell and Trump’s Quiet Regulatory Takeover?
Republicans have stymied the filling of Democratic seats in independent agencies. There doesn’t appear to be any plan to confront this.
Posted inEconomic Policy
Commissioner’s Exit Would Leave the SEC Without a Democrat
Rumors of Rob Jackson’s departure would give Wall Street a boost, with anti-regulatory Republicans in complete charge of the agency.
