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jeff am prospect

SVB AND SBF COULD HAVE ENDED CRYPTO INDUSTRY, INSTEAD TOOK AUT SHERROD

10:55

10 minutes, 55 seconds

yeah, these people went nuts. Mark Andre, Peter Teal, David Saxs, they went nuts. They called in every favor in

11:03

11 minutes, 3 seconds

Washington and over a weekend, the Biden administration decided to bail these banks out. And the return was that the

11:10

11 minutes, 10 seconds

cryptocurrency then sp industry spent nine figures buying elections in 2024.

11:16

11 minutes, 16 seconds

Crypto could have been uh over with as a political phenomenon in this country in they would have had the sandbank been

11:24

11 minutes, 24 seconds

freed scandals of uh fall of 2022 and key banks and key entities bankrupted in

11:31

11 minutes, 31 seconds

early 2023. We could have been done with the crypto industry and instead they destroyed Sherid Brown in Ohio. Uh and

11:39

11 minutes, 39 seconds

they've you know obviously gone into a very uh lucrative partnership with the Trump family. uh but the crypto industry and a lot of the AI uh people who were

11:48

11 minutes, 48 seconds

associated with crypto as well. These people would have had a lot less power.

11:51

11 minutes, 51 seconds

We would have never seen anything like Doge. Probably wouldn't have seen JD Vance on the Trump ticket. Maybe not even seen a Trump presidency had we

11:59

11 minutes, 59 seconds

allowed Silicon Valley and some of this bubble stuff to burst if we had allowed their banks to go under, which is what the marketplace was telling us should

12:08

12 minutes, 8 seconds

have been the result. And so that's what I fear is going to happen here is that there will be investments by the federal government that will prevent these

12:17

12 minutes, 17 seconds

companies as too big to fail. Allah 2008. Uh there will be stakes taken but there will not be voting rights that

12:24

12 minutes, 24 seconds

will go to the government in any way that would mean oh so when Democrats get over we can make make sure that AI will happen safely and will not destabilize

12:32

12 minutes, 32 seconds

the workplace or will reduce the environmental harms and ensure unionized workforces. I'm sure the bailout in

12:40

12 minutes, 40 seconds

under, you know, a Trump presidency would not look like any sort of idyllic uh buyout. It would just be something to

12:47

12 minutes, 47 seconds

uh make sure that our oligarchs stay super rich. And I think that would be terrible. And I think the political

12:55

12 minutes, 55 seconds

consequences would be dangerous uh for Democrats. Why? Because when Bush bailed out the banks in 2008, but with the

13:02

13 minutes, 2 seconds

backing of Pelosi and Obama, it ended up hurting Democrats. when Biden bailed out. Like I think in general Democrats

13:09

13 minutes, 9 seconds

have to be strididently against bailouts in order to be the political party that they can be. Uh and whenever they're just like Ersat's Democrats and they're

13:17

13 minutes, 17 seconds

not really FDR Democrats and they're instead Bill Clinton Democrats, it ends up furthering the power of the political

13:25

13 minutes, 25 seconds

right because at least they do fascism right, they do oligarchy, right? So that's why we were urging Democrats to commit in advance that if and when the

...

16:08

16 minutes, 8 seconds

Um to be fair, Schumer's daughter, um she's worked in this area. Like, wasn't she

16:15

16 minutes, 15 seconds

also the top lobbyist for Amazon at one point? I mean, does he have multiple daughters or is she literally been the

16:23

16 minutes, 23 seconds

top lobbyist for Amazon and for like Facebook? Yeah. So, he has two daughters.

16:30

16 minutes, 30 seconds

Oh, okay. I'm sorry. I'm getting confused. I'm getting confused. Jessica, who now works for OpenAI, was a leading

16:37

16 minutes, 37 seconds

figure in or arguably the leading uh figure in New York State for Amazon.

16:43

16 minutes, 43 seconds

This was they got their butt kicked on Amazon HQ2 uh the where AOC and uh Mike

16:50

16 minutes, 50 seconds

Janerys and others pushed back on the subsidies that New York State was prepared to give to Amazon to build a headquarters in Queens. Uh turns out

16:59

16 minutes, 59 seconds

also Amazon's not finishing the efforts they started in uh uh Virginia, Northern Virginia that the ones who supposedly

17:07

17 minutes, 7 seconds

won the Amazon contract that turned out to be uh worthless. Um but uh so she did

17:14

17 minutes, 14 seconds

six years there. Uh her sister works at Meta. So yeah, so now we've got you have

17:21

17 minutes, 21 seconds

a Meta official and a former Amazon who's now open AI. And I think that that reflects the fact that OpenA's eyes

....

Sep 10, 2026 The Majority Report w/ Sam Seder

Live-streamed on September 9, 2026. Jeff Hauser, founder and Executive Director of the Revolving Door Project, on potential AI bailouts and the Democrats who may be too compromised to fight this.

The (Democratic) AI Lobby | Jeff Hauser | TMR

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jan 2026 report

67 pp https://therevolvingdoorproject.org/wp-content/uploads/2026/01/DOGE_-From-Meme-to-Government-Erosion-Machine.pdf

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reving dr

Abundists haven’t been shy about their support for high level Trump toadies.
Secretary of the Interior Doug Burgum

A billionaire software magnate with a side hustle leasing his land to oil companies, Burgum has become a favorite of the Abundance crowd. When his name was announced, Politicoreported that much of the jubilation came from Burgum’s attention to “one of the abundance agenda’s key fixations, or bogeymen: permitting reform.”

In Open Philanthropy’s announcementof their $120 million Abundance And Growth Fund (funded largely by tech titans Dustin Moskovitz and Patrick Collison), they cite Burgum’s previous calls for zoning reform and infrastructure investment as proof that abundance ideas have been “gaining traction for some time on both sides of the U.S. political spectrum.”

Matthew Yglesias, who Derek Thompson described as the “OG grandfather” of the ideas in Abundanceand is a Senior Fellow at the Niskanen Center, reassured his liberal audience that Burgum is “a totally solid pick who’ll do good things.” Yglesias also previously supported Burgum for Secretary of Housing and Urban Development.

Alec Stapp, the co-founder and co-CEO of the Institute for Progress made his support for Burgum very clear, saying “Excited to see Burgum land a cabinet role in the new administration. He’s a YIMBY abundance guy.” Aidan Mackenzie, an infrastructure fellow at the Institute for Progress, also chimed in, adding “I think it was a really good pick.”

When speaking about Trump’s intent to nominate Burgum to lead the Department of the interior, CEO of theInclusive Abundance Initiative, Derek Kaufman said “We are excited for the abundance community to resume work with the new administration on electricity transmission and permitting reform, which came so close to becoming law at the end of 2024.”

Alex Trembathof the Breakthrough Institute celebrated Burgum’s first day in the Trump administration simply, posting a quote from Burgum that reads simply: “We are entering an era of abundance”

Armand Domalewski, a self-appointed abundance influencer with an increasingly prominent voice in the abundance world, celebrated Burgum’s appointment, posting “BURGUM BROS WE ARE SO BACK.”

Thomas Hochman of the Foundation for American Innovation has been particularly thrilled with Burgum’s inclusion in the Trump administration, declaring “In Burgum we trust” and celebrating Burgum’s role in exempting companies from the Endangered Species Act and in ensuring further fossil fuel exploitation.

Secretary of Energy Chris Wright

Oil and gas magnate Chris Wright is perhaps the single most popular Trump appointee among the Abundance crowd. Politicodescribed his nomination as having brought together “unlikely friends” to support “Chris Wright’s ‘energy abundance’ future” and as being backed by “the loose coalition of analysts and writers pushing for an ‘abundance agenda.’”

Inclusive Abundance’s Derek Kaufmanhas praised Wright’s appointment as a win for abundance and helpfully pointed out that “The word ‘abundance’ appears 11 times in the confirmation hearing transcript for President Trump’s nominee to run the Department of Energy, Chris Wright. It was invoked by Senators across the political spectrum, ranging from Mike Lee (R-UT) to Bill Cassidy (R-LA) to Lisa Murkowski (R-AK) to Martin Heinrich (D-NM).”

In their $120 million abundance grant announcement, Open Philanthropycelebrated the conservative embrace of abundist ideas, citing Wright’s appointment as evidence. “On the right, President Trump has issued an executive order focused on reducing energy costs […] and Secretary of Energy Chris Wright has argued for the removal of burdensome regulations on nuclear power.”

Institute for Progress’ Aidan Mackenziealso praised Chris Wright’s nomination, saying “Both Burgum and Chris Wright seem committed to an all-of-the-above approach to energy; they’re very pro-oil and gas, but they’re also excited about forms of clean energy, especially nuclear and geothermal.”

The Breakthrough Institute’s Alex Trembatheven defended Wright’s assertion that climate change is not a crisis, saying “Chris Wright’s claim that climate change is not a “crisis” is, while not the last word on the subject, much more scientifically defensible than the claims of his environmentalist critics.” Trembath later posted “Chris Wright: smart choice.”

Thomas Hochman summed up his opinion of the appointment simply: “Wright pursuing an all-of-the-above approach to energy production… pretty ideal”

NIH Director Jay Bhattacharya

The Trump administration has utterly dismantled the National Institutes of Health and is currently proposing a 40% cut, which would devastate scientific advancement for generations. But don’t worry, abundists have full confidence in Trump’s NIH Director, Jay Bhattacharya. While he does have a medical degree, Bhattacharya has never practiced medicine nor even completed a medical residency.

Open Philanthropy was bullish on Bhattacharya in March, when they said, “There is also cross-partisan interest in improving science policy, from newly nominated NIH director Jay Bhattacharya’s calls for a focus on reproducibility and funding high impact research, to the launch of the new Technology, Innovation, and Partnerships directorate at the NSF during the Biden administration.” Tragically, the Trump administration has proved less interested in funding research than cutting it, throwing the NSF that Open Philanthropy was so excited about into complete chaos.

The Foundation for American Innovation’sChief Economist, Samuel Hammond,said Bhattacharya’s appointment was cause for optimism, posting “That said, how many people do you know going into HHS? The folks I know around Jim O’Neill, Jay Bhattacharya and Martin Makary are extremely high quality and serious about reform. Doesn’t mean I’ll agree with all their ideas, but there are some genuine reasons for optimism if you know anything at all ahout [sic] the behind the scenes.”

Institute for Progress’co-founder and co-CEO, Caleb Watney, elevated Bhattacharya’s analysis of the “increasing difficulty of funding novel research and younger scholars at the NIH,” a hobbyhorse of the abundance community, and said he was “very glad to see a larger focus on this issue.”

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Revolving Door Project | RDP scrutinizes executive branch appointees to ensure they use their office to serve the broad public interest.

OGTITLE hackwatch larry summers

AGENCY SPOTLIGHT Agency Spotlight

FDIC

FTC

SEC

68

VACANT SEATS

26 Democrat, 21 Republican,

18 Non Partisan

33

EXPIRED SEATS

13 Democrat, 11 Republican,

9 Non Partisan

21

PENDING

NOMINATIONS

0 Democrat, 17 Republican,

3 Non Partisan

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Supreme Transparency

Supreme Transparency—a project of Take Back the Court, True North Research, and the Revolving Door Project—sheds light on an oft-overlooked way that the U.S. Supreme Court’s billionaire benefactors peddle influence: amicus briefs. The Supreme Transparency site exposes the more subtle yet no less destructive ways that right-wing amicus filers and oligarchic court-whisperers hold sway over SCOTUS.

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eg

Musk Connections: SpaceX, X (formerly Twitter), Boring Company

Other Corporate Connections: Board of Advisers, Atlas Society; Former owner, Mr. Yogato; Former owner, Thomas Foolery

DOGE Deployments:“Day-to-day leader.” SSA, GSA

Musk’s Long-Time Right-Hand Man

Day-To-Day Leader Of Doge

Davis Was In Charge Of Slashing Costs At X And Spacex, Leading To Disastrous Consequences

Davis Helped Musk Run America Pac, A Super Pac That Was Accused Of Breaking Election Laws And Abusing Its Workers

Davis Helped Musk Secure Government Contracts And Regulatory Approvals At Spacex And The Boring Company

Davis Is Ideologically Committed To Libertarianism

*As Elon Musk’s DOGE continues to tear through agencies with little oversight or transparency, the Revolving Door Project is publishing profiles of reported DOGE employees: who they are, where they came from, and any conflicts of interest that might make their unfettered access to the federal government dangerous to the public. Read them all here.

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NEWLTR

Weeks 34-35: Free Speech For Sale

Oligarchs Auction Off Our First Amendment Rights To Our Aspiring King

Sep 19 • Andrea Beaty

and Revolving Door Project

7

Weeks 32-33: An Administration Full of Grifters and Grim Reapers

The Trump White House is increasing our risk of premature death while helping its wealthy allies get richer quicker.

Sep 5 • Kenny Stancil

and Revolving Door Project

8

August 2025

Week 31: The Crises Continue

It’s week thirty-one of the Revolving Door Project’s Corruption Calendar, where we highlight the latest slate of corporate corruption that’s shaping the…

Aug 22 • Toni Aguilar Rosenthal

and Revolving Door Project

10

Week 30: The Value of Trump’s Grifts

Welcome to Week 30 of our Corruption Calendar newsletter: the weekly roundup where we highlight new and egregious examples of corporate corruption in…

Aug 15 • Emma Marsano

and Revolving Door Project

9

Week 29: Corporate Donors Lavish Trump's Non-Existent Re-Election Campaign

Trump's Super PAC filing revealed millions spent by corporations trying to curry favor with the president.

Aug 8 • Andrea Beaty

and Revolving Door Project

8

Week 28: Less Enforcement, More Problems

Welcome to Week 28 of the Revolving Door Project’s Corruption Calendar: the weekly roundup where we highlight new and egregious examples of corporate…

Aug 1 • Revolving Door Project

and Chris Lewis

9

July 2025

Week 27: Media Merger Madness

Also, CFPB pays for Russ Vought’s security detail while ignoring Americans’ financial security—and other tales from Trump’s swamp.

Jul 25 • Will Royce

and Revolving Door Project

6

1

Week 26: Crypto Week Marks Washington’s Insatiable Appetite For Grift

Crypto’s march through Washington follows the standard playbook, but there is no precedent for the complete capture of our politics by a patently hollow…

Jul 18 • Timi Iwayemi

and Revolving Door Project

10

Week 25: President Trump Notches Another Mysterious Benefactor

A mysterious investor is the latest entrant into the Trump crypto grift, and more stories from the MAGAswamp.

Jul 11 • Andrea Beaty

and Revolving Door Project

14

Want a Big Tent? Use Congressional Oversight

Plus, a reconciliation rundown and early Corruption Calendar

Jul 3 • Revolving Door Project

, KJ Boyle

, and Chris Lewis

6

June 2025

Week 23: Appointees Trade Power for Perks as Trump’s Financial Regulators Refuse to Do Their Jobs

Welcome to week twenty-three of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

Jun 27 • Emma Marsano

and Revolving Door Project

13

Week 22: Another Week In The Circus Of Destruction

It’s week twenty-two of the Revolving Door Project’s Corruption Calendar, where we highlight the latest slate of corporate corruption that’s shaping the…

Jun 20 • Toni Aguilar Rosenthal

and Revolving Door Project

10

Week 21: Trump Cuts the Corruption Cops

Welcome to week twenty-one of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

Jun 13 • Will Royce

and Revolving Door Project

9

Week 20: Trump Partners With Palantir To Build A Real World Panopticon

All-Seeing Palantir Zeroes In On Us While MAGAworld Gleefully Breaks The Law

Jun 6 • Jacob Plaza

and Revolving Door Project

10

May 2025

Week 19: “We Reject Regulators.” Pardon Me?

Welcome to week nineteen of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

May 30 • Kenny Stancil

and Revolving Door Project

9

2

Week 18: Trump’s Independent Agency Power Grab

Welcome to week eighteen of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

May 23 • Andrea Beaty

and Revolving Door Project

10

Week 17: A Great Gesture Of Corruption

This week’s edition covers Trump’s latest grand gesture of corruption—gleeful acceptance of a $400 million gift from the Qatari royal family, Donald…

May 16 • Timi Iwayemi

8

Week 16: The Grift That Keeps On Giving

Welcome to week sixteen of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

May 9 • Revolving Door Project

and Xaver Clarke

14

Week 15: Trump, Binance and MGX—A Crooked Match Made In Dubai

Trump Family and Friends Continue to Erode Ethics, Press Freedom, and Consumer Protections.

May 2 • Fatou Ndiaye

13

1

April 2025

Week 14: The All-American Meme Coin Oligarchy Wants To Extract Oil and Gas At National Monuments

It’s week fourteen of the Revolving Door Project’s Corruption Calendar, where we highlight the latest slate of corporate corruption shaping the Trump…

Apr 25 • Jacob Plaza

7

Week 13: No Need To Rely On Luck When Cash Dictates Outcomes In MAGA World

It’s unlucky number thirteen in our ongoing Corruption Calendar series, where we highlight the latest slate of corporate corruption shaping the Trump…

Apr 18 • Chris Lewis

8

Week 12: Ethics Be Damned

It’s week twelve of the Revolving Door Project’s Corruption Calendar, where we highlight the latest slate of corporate corruption shaping the Trump…

Apr 11 • Andrea Beaty

and Revolving Door Project

6

Week 11: Incomprehensible AI Number-Crunching Slop Sets The Scene Of Trump’s Global Tariff Shakedown

This week has been defined by yet more chaos, as the gaggle of incompetent buffoons that seemingly make up the policy infrastructure of this…

Apr 4 • Toni Aguilar Rosenthal

and Revolving Door Project

9

March 2025

Week 10: Bad Signals All Around

As Trump expanded his crypto ventures, Trump’s CFPB sought to return money it had previously obtained from a mortgage lender that settled with the…

Mar 28 • Will Royce

and Revolving Door Project

15

Week 9: Trump’s Crypto Business Beats Keeping Contaminants Out Of Our Drinking Water

Among many instances of blatant corruption, this week saw huge gains for Trump’s crypto firm and huge losses for the EPA’s scientific research arm.

Mar 21 • Jacob Plaza

and Revolving Door Project

25

Week Eight: The White House Clown Car Dealership

Trump and Musk continue to use the executive branch to boost their personal wealth.

Mar 14 • Revolving Door Project

and KJ Boyle

16

1

Week Seven: One Nation Under God, Indivisible

With Liberty For Rich Criminals Above All

Mar 7 • Timi Iwayemi

7

February 2025

Week Six: A dying CFPB, Musk’s business boom, conflicts of interest, and blatant favoritism.

Welcome to life under Trump 2.0

Feb 28 • Fatou Ndiaye

and Revolving Door Project

17

1

Week Five: Musk, Crypto, Tax Fraudsters, Fossil Fuel Cash In While Workers Lose Out

Welcome to Week Five of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

Feb 21 • Jacob Plaza

and Revolving Door Project

6

Corruption Calendar Week 4: Messrs. Trump And Musk Want You To Know The Presidency Is For Sale

Welcome to the fourth installment of the Revolving Door Project’s Corruption Calendar, where each week, we highlight the corporate corruption shaping…

Feb 14 • Chris Lewis

and Revolving Door Project

58

1

Week Three: Musk’s Engineers Take Over

It's a Musk-engineered takeover.

Feb 7 • Will Royce

and Revolving Door Project

22

1

January 2025

Week Two: Trump Moves To Gut Exec Branch And Make Way For Loyalists

Welcome to Week Two of the Revolving Door Project’s Corruption Calendar, where we highlight examples of corporate corruption shaping the Trump…

Jan 31 • Andrea Beaty

and Revolving Door Project

11

Week One: Amidst A Flurry Of EOs, A First Round of CEOs Cashes In

Welcome!

Jan 24 • Emma Marsano

, Timi Iwayemi

, and Revolving Door Project

11

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