The PCAOB is a watchdog for watchdogs, charged with auditing the auditors and punishing the incompetent and corrupt among them. Writing for *The American Prospect* and #TheRevolvingDoorProject, #TimiIwayemi describes the long-running failure of the PCAOB to do its job:
https://prospect.org/power/2024-01-26-corporate-self-oversight/
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It's...not good. As #MaxMoran writes for #TheAmericanProspect and #TheRevolvingDoorProject, the proposed code amounts to #SecurityTheater, a set of trivially bypassed strictures that would not have prevented any of the scandals to date and will permit far worse once in the years to come:
https://prospect.org/justice/2023-11-17-supreme-court-objectivity-theater/
The security framing is a very useful tool for evaluating the Supremes' proposal.
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As #HenryBurke writes for #TheRevolvingDoorProject Raimondo's history as a corporate raider, her deference to the finance sector, and she and her husband's conflicts of interest from their massive stakes in companies she's regulating all serve to undermine Biden's agenda:
https://prospect.org/economy/2023-11-08-commerce-secretary-gina-raimondo-undercutting-bidenomics/
> When the administration inevitably complains that its popular economic programs aren’t breaking through the media coverage, they’ll have no one to blame but themselves.
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Cory Doctorow
