The clock was ticking, the world was watching, and Washington was elevating in-fighting from standard practice to something of an art form. And yet, in the summer of 2010 the mammoth Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, a reaction to the crippling financial crisis of 2008 and the ensuing Great Recession. President Obama quickly signed it into law. Could such an ambitious law get passed today? Emphatically no, according to the men for whom Dodd-Frank is named.... Read more about Dodd/Frank on Dodd-Frank: Former Reformers on Their Namesake Law
Moral outrage. Muted apology. Multiple investigations. This is what we heard when Mary Barra, the CEO of General Motors, testified before House and Senate committees earlier this month about the company's failure to address faulty ignition switches in millions of Cobalts and other vehicles for close to a decade.... Read more about General Motors and the Road Ahead
There has been an important development in the study of the right of access to public information and the so-called economics of information: by combining these two premises, it is possible to outline an economics theory of access to public information.
With the growth of multinationals whose business transcends geographic boundaries and whose revenue streams exceed the gross national product of some nations, legislators and regulators—at least in the United States—have looked to leverage the resources of whistleblowers to bolster compliance enforcement. Under the right circumstances whistleblowers can be an invaluable resource.
Whether it’s the gilded executive suites of Wall Street or Washington’s lobbyist-lined K Street, it’s all about the numbers—and that’s the problem, according to Jeff Connaughton, an eyewitness, from several vantage points, of the interplay between capital and the Capitol.
As the 2014 mid-term elections draw closer, income inequality has emerged as perhaps the leading issue driving campaign debates. Perceptions about the severity of income disparity and blunted social mobility in America by millions of middle-class citizens—and voters—will make the subject a prickly political reality for those seeking to be sent, or returned, to Congress on November 4th.
Without question, steering America through the Great Recession was a massive responsibility for outgoing Federal Reserve Chairman Ben Bernanke. But in a de facto farewell address last week, Bernanke suggested that, in addition to plunging markets and teetering banks, he faced an equally complex policy challenge: restoring the public's trust in one of Washington's most important regulatory institutions.
Following the recent push for more transparency and civic engagement in the Brazilian government, and the increased concerns regarding corporate money in elections, we are developing a website to monitor corporate donations to political campaigns in Brazil and some possible effects of these donations.