News Release

Some of What Biden Could do Without Manchin

© Ad Meskens / Wikimedia Commons

+++While many are focusing on what Sen. Joe Machin is or is not allowing to pass the Senate, the American Prospect continues to update what President Biden can do on his own. See the Executive Action Tracker, which finds that: Out of 77 actions Biden could take without Congressional mandate identified by Prospect, there are 15 yes, 11 partial, 6 no, and 1 no longer applicable. For example, the magazine notes that Biden could direct the IRS to “remove the ‘high-tax exception’ from taxes for offshore corporate profits in the implementation of the Tax Cuts and Jobs Act.”

JEFF HAUSER, MAX MORAN, moran@cepr.net@revolvingdoorDC
+++Hauser is executive director of the Revolving Door Project. Moran is research director with the group.

The Revolving Door Project recently published the piece “Polling Finds Enormous Bipartisan Support For Crackdown On Corporate Lawbreaking.”

+++The group reports that a full “70 percent of Republicans, 70 percent of Independents, and 70 percent of Democrats surveyed believe the Biden administration should do more to hold lawbreaking corporations accountable.”

+++“We were fairly sure that the public would support cracking down on corporate wrongdoing, but we’re honestly surprised at just how enthusiastic people are, across all political persuasions, for these proposals,” said Hauser. “The fact is that we’re living in a populist moment of well-warranted anger toward greedy firms and the ultra-wealthy who lead them. … President Biden is overdue to start using the considerable powers of the executive branch to crack down on corporate greed — and just as importantly, to very publicly message doing so. He needs to show the people that he is on their side, not the side of the wealthy and well-connected few.”

[Russell Mokhiber of Corporate Crime Reporter just wrote the piece “Pfizer CEO Albert Bourla on Big Pharma Corporate Crime and Trust.”]

+++The Revolving Door project is also scrutinizing executive branch appointees “to ensure they use their office to serve the broad public interest, rather than to entrench corporate power or seek personal advancement.” See personnel map.