Revolving Door Project
@revolvingdoordc
Ensuring political appointees serve the public interest. Read more of our work at and Follow: Twitter/Post @RevolvingDoorDC FB/IG: RevolvingDoorProject
Rep. Juan Vargas (D-CA) on the lasting impacts of Vought's CFPB tenure: "You're gonna see redlining happen, you're gonna see discrimination, you're gonna see fraud, you're gonna see that businesses got away with a lot...You were there for the businesses...You weren't there for the consumers"
Audible groans and dismissive laughs can be heard in the room when Vought doubles-down and tells Lynch, "This administration has the highest ethical standards..."
WATCH: Rep. Lynch (D-MA): Trump made $1.4b off crypto scams while consumers you are meant to be protecting lost $3.8b. Does none of that warrant an investigation? Vought calls these reports "fake news" and says, "There is nothing we have done that is a conflict of interest."
Vought suggests he doesn't really believe in CFPB enforcement actions when Pete Sessions (R-TX) asks him about the use of civil penalties. Vought: "The sue and settle authorities that the CFPB has is one of the things I would take a look at if I was in Congress." 6/
WATCH: Velásquez: Job loss is more of a risk. Should creditors consider whether an ICE agent who shot an unarmed civilian and who is likely to face criminal charges and lose their job as a factor in determining the ability to repay? Vought squirms as he responds, "Yes..."
Rep. Nydia Velásquez: Last month, the CFPB issued a statement suggesting creditors consider immigration status as a negative factor in an individual's ability to repay. "Did CFPB consult with creditors before issuing this statement?" Vought: "No..." 5/
Waters grills Vought about stonewalling GAO's efforts to investigate DOGE's handling of sensitive data. When asked about whether he knows the extent of CFPB data Elon Musk's DOGE had access to and whether CFPB's data is secure, Vought dodges the questions. 4/
Waters calls out Vought for signaling to Wall Street that the CFPB won't police the elites. 3/
Ranking Member Maxine Waters (D-CA) issues a scathing opening statement about Vought's dilatory tactics. For 1.5 years, Vought refused to respond to Committee Democrats' letters, request for briefings, and repeated calls for this hearing. 2/
Russell Vought is about to testify before the House Financial Services Committee for an update on the CFPB. He needs to answer for his attempts to dismantle the agency, which has cost American consumers billions due to dropped enforcement actions and abandoned rulemaking efforts.
Perpetual futures are wildly popular in shady off-shore crypto exchanges; APEC argues that bringing them “on shore” to equity markets will make them safer. But financial watchdogs like @bettermarkets.bsky.social argue they're better suited for gamblers than consumer investors.
"Unfortunately it’s gonna be much more challenging to rebuild the functions of USAID than it was for Musk and his DOGE minions to tear it down." Listen to the full interview with USAID whistleblower Nicholas Enrich: revolvingdoorproject.substack.com/p/as-musk-me...
74% of voters distrust crypto laws being shaped by government officials who benefit from ties to the industry. 62% of voters are less likely to vote for someone who takes substantial crypto donations. The verdict is clear: Americans don't want politicians to bow down to crypto.
The reflecting swamp monster strikes again: Donald Trump is stealing millions in funds from NPS' visitor fees to fund his pet projects in D.C. Our latest report, out today: therevolvingdoorproject.org/wp-content/u...
Sen. Merkley: Will you commit to keeping partisan influences out of grant allocations? Duncan: "I'll certainly commit to ensuring that grants are spent in accordance with the law, but fundamentally in accordance with the President's priorities as well."
Sen. Van Hollen asked Duncan whether he, like Russell Vought, wants to put civil servants "in trauma." Duncan refused to provide a direct response, instead choosing to run cover for his boss.
As Sen. Van Hollen points out, Social Security recipients, the IRS, disaster victims relying on FEMA, and the National Weather Service would strongly disagree with Duncan's assessment. In fact, the Partnership for Public Service found the rehiring of terminated workers cost taxpayers $12 million.
OMB nominee Hal Duncan claims the government is more efficient despite losing 300,000 federal workers under Trump.
Duncan dodges a questions about OMB's proposed rule to give political appointees power over the grant-making process. Murray: "Is there any language that places limits on cronyism?" Duncan: "We would move forward with the rule and the agencies in a manner that is consistent with applicable law."
Duncan also declared his loyalty to Trump by refusing to admit the 2020 election was not rigged.
Duncan declared his loyalty to Russell Vought in his opening statement. "It's been the honor of a lifetime serving alongside Director Vought at OMB."
Sen. Merkley kicks off the hearing criticizing OMB and Duncan's refusal to cooperate with congressional oversight. "OMB has essentially stonewalled Congress and this committee, not responding to a single letter I've sent."
With Elon Musk's rocket company SpaceX about to go public, we looked back at how he used DOGE to undermine NASA's funding and capacity.
OMB Director Russell Vought has weaponized federal funding for disaster aid & climate resilience programs to punish states that didn’t back Trump in 2024. Those who stand to suffer the most from Vought’s vindictiveness—average Americans—are being treated as disposable pawns.
In the late 2010s, nicotine use among teens spiked as companies like Juul targeted young people in advertising, hooking a new generation on their product. If you think this sounds similar to prediction markets, you aren't wrong. Juul's PR guy is even helping prediction markets run the same playbook
The proposed rule effectively gives the Trump administration carte blanche to block discretionary awards to anyone not on board with its ghoulish agenda—an institutionalized scale-up of Vought’s fiscal retaliation campaign against Trump’s political opponents.
OMB Director Russell Vought is waging a war on “wokeism” and “fraud” as a sham justification for freezing, cutting, or withholding federal funding for essential programs like public health to punish Trump’s political enemies, risking the collapse of the entire system.
NEWSLETTER Democrats planning to enter the 2028 presidential race have a strategic and moral imperative to build a coherent narrative against Russell Vought.
NEW: Revolving Door Project calls on Justice Alito to recuse from Trump Treasury proceedings: