Share this page!

Revolving Door Project Profile picture
Twitter logo
17 Nov, 9 tweets, 4 min read
THREAD: @JoeBiden’s choice to make Steve Ricchetti a counselor, if not surprising, is deeply disappointing and dangerous to healing the country. His history of lobbying for Big Pharma and against workers means K St has a direct conduit to POTUS-Elect. 1/x
usatoday.com/story/news/pol…
As our @MaxMoranHi wrote for @TheProspect in September, Ricchetti has spent decades lobbying on Big Pharma’s behalf — his brother is still taking on Pharma clients at their lobby shop called “Ricchetti Inc”! 2/x
prospect.org/politics/biden…
Ricchetti also lobbied for permanent normalized trade relations with China in 2000, which economists predicted would cause massive blue-collar job loss. Studies since have directly attributed manufacturing decline to this “China shock.” 3/x
vox.com/new-money/2017…
Ricchetti even lobbied on behalf of Experian! He worked to kill bills that would have…

- Provided free credit reports
- Prevented companies from selling your SSN.
- Required credit bureaus to tell you when your data’s been hacked.

Fateful. 4/x
Republicans criticized Obama when Ricchetti snuck past his lobbying ban on a technicality to serve as Biden’s chief of staff in 2013. Ricchetti got a $2m payday from his firm, and kept his 401(k) there. 5/x
washingtonpost.com/politics/life-…
To be clear, it’s WAY BETTER for Ricchetti to just be a counselor than Chief of Staff. This way, he’s just another voice in the room. As Chief of Staff, he could’ve blocked better voices from even getting inside. Ron Klain was the best choice by far. 6/x
nytimes.com/2020/11/11/us/…
But still, giving a White House office to a lobbyist who’s harmed workers and helped Big Pharma and credit bureaus...the Fox News stories write themselves. For @JoeBiden to heal the country, he needs to listen to workers and the people, not K Street. 7/x wsj.com/articles/washi…
UPDATE: Since his brother lobbies for Big Pharma, Steve Ricchetti is already facing pressure to recuse himself from one of @JoeBiden's top policy initiatives — lowering prescription drug costs. @schwartzbCNBC reports: 8/x
cnbc.com/2020/11/18/bid…
One of those Big Pharma clients, Horizon Therapeutics, isn't ruling out having Jeff Ricchetti lobby the administration where his brother will be a counselor and top aide. Of course not — why do you think they hired him? 9/x

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Revolving Door Project

Revolving Door Project Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @revolvingdoorDC

Revolving Door Project Profile picture
17 Nov
“It is absolutely criminal.”

Our @jeffhauser joined @RickSmithShow to discuss GSA Administrator Emily Murphy’s efforts to block the transition of power and what President-elect Biden should do to move the country forward.

THREAD: 1/7
“They understand that if the country won’t get outraged when you break laws and shatter norms, then there’s a lot to profit from.” — @jeffhauser on how Trump’s lawlessness has helped him personally profit from the presidency.

2/7
“I think it’s really important the Biden team not do things sequentially, but do everything simultaneously.”

@jeffhauser explains why Biden should go big with executive actions, from cancelling student loan debt to ending the war on immigrants, on Day One.

3/7
Read 7 tweets
Revolving Door Project Profile picture
17 Nov
GSA Administrator Emily Murphy has grown famous in recent weeks for her refusal to start the presidential transition

In his latest for @thehill, @yevshrag asks, why is a political appointee making that decision anyway?

(1/5)

thehill.com/blogs/congress…
Experts have long agreed, the federal government has too many political appointees.

Far from increasing political accountability, this reality harms it and undermines good governance.

(2/5)
That has become exceedingly evident under Trump as political appointees take alarming steps like blocking essential public health guidance to remain in the President's favor

(3/5)
Read 5 tweets
Revolving Door Project Profile picture
17 Nov
Biden letting potential appointees of an incipient new Justice Department know that he believes that investigations into Trump's apparent crimes are "divisive" is putting a thumb on the scale of justice. It's pushing AGAINST the rule of law.
nbcnews.com/politics/justi… (1/X)
Trump's presidency is a symptom of what happens when people can spend decades assaulting women, evading taxes, and engaging in sketchy international financial transactions with impunity. (2/x)
The way to prevent future Trumps is to begin to re-generate an assumption that powerful people who commit crimes will be prosecuted.

We know they'll have excellent criminal defense attorneys with adequate time & resources, unlike poor and working class people. (3/x)
Read 18 tweets
Revolving Door Project Profile picture
23 Oct
If polls are to be believed, Trump’s time as president is likely approaching its end. But, as his latest Executive Order has helped to underline, President Trump is unlikely to depart without having left as many obstacles and landmines as possible in his wake

1/21
His latest is an E.O. attacking basic protections that let civil servants do their jobs without fear of political reprisal. If Trump wins, it’s the end of the civil service. And even if he loses, this lets him do serious damage to the civil service on the way out

2/21
The Executive Order tells the Office of Personnel Management to create a new “Schedule F” covering civil service jobs that have important policy determining roles or that supervise senior civil servants. Think Dr. Fauci or line supervisors who make prosecution decisions.

3/21
Read 21 tweets
Revolving Door Project Profile picture
21 Oct
1/ Fed Governor Lael Brainard finally ends her silence on the Fed’s bailout of the fossil fuel industry…by avoiding responsibility for the Fed's actions all together
2/ The Fed has recklessly backstopped an industry on the brink of collapse, forcing the American taxpayers to take on huge financial risks.
citizen.org/article/big-oi…
3/ Lael Brainard voted in favor of expanding the Fed’s lending criteria, allowing more fossil fuel companies to access taxpayer money, a decision that was widely criticized by climate groups, policy experts, and lawmakers.
federalreserve.gov/newsevents/pre…
Read 6 tweets
Revolving Door Project Profile picture
24 Jun
THREAD: Here’s our big takeaway from last night’s primaries: the Democratic base clearly thinks party leadership, including @SpeakerPelosi, isn’t doing a remotely satisfactory job fighting against Trump and for racial and economic equality.

And why would they? (1/x)
In 2018, Democrats swept the House on the hopes of millions of voters for some sort of check on President Trump.

The Revolving Door Project began conducting “Oversight of the oversight” to see how they’d do.

It was a near total wash. (2/x)
rewire.news/article/2019/0…
The day before he took over as Chair of the Committee on Ways and Means, Rep. Richard Neal was already backtracking on promises to request Trump’s tax returns.

RDP stayed on the case through the entire spring and summer, prodding this do-nothing chair at every step. (3/x)
Read 23 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get email notifications when new thread is out from this Author!

Check out other threads from this Author!

Read all threads by @revolvingdoorDC