Jeff Hauser & Eleanor Eagan

Jeff Hauser and Eleanor Eagan work at the Revolving Door Project, where Hauser is the founder and director. 

Recent Articles

Private Equity’s Next Leveraged Buyout Might Be the Oval Office

Several candidates who have taken donor cash from private-equity barons have remained silent about the threat posed by the industry.

This week’s debates are likely to feature explicit attacks on some of America’s most well-known and universally hated corporate villains, from Big Pharma and Big Tech to Big Oil and more. As Democrats are forced to pick sides in these fights, however, one other extremely consequential dividing line may be left out of the conversation: the one between candidates fighting to stop private equity and candidates taking the industry’s money. A handful of presidential hopefuls are leaving no doubts about where they stand. Earlier this month, Elizabeth Warren, joined by co-sponsors Bernie Sanders and Kirsten Gillibrand, introduced a comprehensive bill that would bring private equity to its knees. The week prior, Sanders joined a rally protesting a private-equity firm’s decision to close Philadelphia’s Hahnemann University Hospital. Even without legislation, the next president will have many tools to combat the private-equity threat. We have not heard a peep from...

Richie Neal and Trump’s Taxes

The costs of having a corporate Democrat chair the House Ways and Means Committee

This article is a preview of the Spring issue of The American Prospect magazine. Subscribe here . As most House Democrats enthusiastically jump on the long-dormant congressional oversight train, one senior lawmaker has conspicuously chosen to stay on the platform. Under the leadership of Representative Richard Neal , the House Committee on Ways and Means has shown none of the zeal for oversight exhibited by its counterparts. The announcement two weeks ago that Neal would finally request Trump’s tax returns, after a good deal of pressure from the Democratic Caucus, might have appeared to be a welcome reversal. But look at the fine print and you’ll see that the committee’s strategy is basiclly a continuation of Neal’s obstinate refusal to deliver on Democrats’ 2018 campaign promises. Not only is Neal’s request still set for some uncertain time in the nearish future (approximately two and a half or more months too late ), the request he is...

BlackRock’s ‘Greenwashing’ Threatens to Undermine Climate Action

With $6 trillion in assets, BlackRock could make a real difference on the climate. Instead it's opted for half-measures and public relations schemes.

Fake environmentalism is an especially rampant and worrisome form of corporate propaganda—indeed, there is even a specific term for it. Scientific American defined the “essence” of “greenwashing” as efforts “falsely conveying to consumers that a given product, service, company or institution factors environmental responsibility into its offerings and/or operations.” If you want an idea of how empty these promises tend to be, consider that Donald Trump once signed a “Business Leaders” letter in The New York Times urging then-President Obama to aggressively push for climate action at the 2009 Copenhagen talks. One of America’s leading greenwashing companies is BlackRock. BlackRock has combined greenwashing public-relations efforts with revolving-door hiring practices to present themselves as fighting climate change even as their company’s practices are making it even less likely our society will respond to the climate...

The Democrats’ Richie Neal Problem

We read a lot about progressive House Dems having too much influence, but the deeper problem is the undertow of corporate Democrats.

There was supposed to be one genuinely easy victory for the new Democratic majority in the House. Medicare for All? No. Green New Deal? No. Critical? Yes—but easy? No. But Trump’s tax returns? Yes, the new majority was supposed to be able to inspect that holy grail of opposition research. That’s why one of the most discordant notes of the first week of the new Congress was a decision by Representative Richard Neal of Massachusetts, the newly elevated chair of the powerful House Committee on Ways and Means, to retreat on his promises to move quickly to obtain Trump’s tax returns. Obtaining Trump’s tax returns as fast as possible should be a priority for people interested in transaparent and non-corrupt government. Neal’s decision is also worrisome for what it seemingly portends for the House Ways & Means Committee under his chairmanship. Neal’s chairmanship itself underscores the type of inroads progressives must make in order to reform a...