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comments This article originally appeared at Common Dreams. It is licensed under a Creative Commons Attribution-Share Alike 3.0 License. Feel free to republish and share widely. In the wake of the Trump administration s pervasive corruption and flagrant law-breaking, a trio of Democratic lawmakers is urging President-elect Joe Biden to establish new, high standards for federal ethics and transparency by adopting key reforms that would prevent corporate lobbyists from serving in the White House, require the disclosure of lobbying materials privately shared with administration officials, and crack down on financial conflicts of interest. Encouraged by what they characterized as Biden s commitment to restore executive branch ethics through executive action, Sens. Jeff Merkley, D-Ore., Elizabeth Warren, D-Mass., and Ed Markey, D-Mass., on Monday sent a letter (pdf) to the president-elect with specific recommendations for how to end special interest corruption of our ....
Alex Wong/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The Biden administration that arrives in January is primed to crack down on white-collar crime after a steady drop under his two most recent predecessors. Signs point to an aggressive federal effort that includes a tougher stance on the financial industry considering Janet Yellen s upcoming nomination to lead the Treasury. The buck stops with the Treasury secretary, said Moyara Ruehsen, a professor who studies financial crime. It s really the Treasury secretary that s going to set the tone. The Democratic president will have a powerful new law at his disposal to fight financial crime aimed at helping pierce the veil of anonymity offered by shell companies to criminals. ....
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Joe Biden Adds Goldman Sachs Executives to Transition Team 16 Dec 2020 President-Elect Joe Biden has put Goldman Sachs alums on his transition team, adding the number of Wall Street insiders who are getting jobs with the former vice president. A report by P0litico this week notes that Biden, again, has added Goldman Sachs staffers to his transition team with appointments for Eric Goldstein and Monica Maher. Two are Goldman Sach veterans. Others have worked for consulting firms like McKinsey & Co. and Boston Consulting Group along with one Google and three Facebook employees. One is the daughter of a pair of longtime Biden advisers. [Emphasis added] ....