#deregulation — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #deregulation, aggregated by home.social.
-
@OliverNoble @2legged @ReggieHere Could the solution be Unlisted Public Companies?
The failure of governments to ethically regulate markets spawning the contagion of antitrust monopolies has resulted in them buying and controlling policy. It has not gone unnoticed! PLCs have given us Empire’s creep show, hence the rise of fascist cults and the threat of total annihilation from war and ecocide raising the chance of biosphere collapse! #UPC #PLC #Deregulation #ecocide #EvilCorps #TheRiseOfFascistCults -
@OliverNoble @2legged @ReggieHere Could the solution be Unlisted Public Companies?
The failure of governments to ethically regulate markets spawning the contagion of antitrust monopolies has resulted in them buying and controlling policy. It has not gone unnoticed! PLCs have given us Empire’s creep show, hence the rise of fascist cults and the threat of total annihilation from war and ecocide raising the chance of biosphere collapse! #UPC #PLC #Deregulation #ecocide #EvilCorps #TheRiseOfFascistCults -
@OliverNoble @2legged @ReggieHere Could the solution be Unlisted Public Companies?
The failure of governments to ethically regulate markets spawning the contagion of antitrust monopolies has resulted in them buying and controlling policy. It has not gone unnoticed! PLCs have given us Empire’s creep show, hence the rise of fascist cults and the threat of total annihilation from war and ecocide raising the chance of biosphere collapse! #UPC #PLC #Deregulation #ecocide #EvilCorps #TheRiseOfFascistCults -
@OliverNoble @2legged @ReggieHere Could the solution be Unlisted Public Companies?
The failure of governments to ethically regulate markets spawning the contagion of antitrust monopolies has resulted in them buying and controlling policy. It has not gone unnoticed! PLCs have given us Empire’s creep show, hence the rise of fascist cults and the threat of total annihilation from war and ecocide raising the chance of biosphere collapse! #UPC #PLC #Deregulation #ecocide #EvilCorps #TheRiseOfFascistCults -
@OliverNoble @2legged @ReggieHere Could the solution be Unlisted Public Companies?
The failure of governments to ethically regulate markets spawning the contagion of antitrust monopolies has resulted in them buying and controlling policy. It has not gone unnoticed! PLCs have given us Empire’s creep show, hence the rise of fascist cults and the threat of total annihilation from war and ecocide raising the chance of biosphere collapse! #UPC #PLC #Deregulation #ecocide #EvilCorps #TheRiseOfFascistCults -
#Landlordism ‘Green Party backs plan to see end of private letting’ https://www.bbc.co.uk/news/articles/cwy9zqzp44vo
Ok, what counts as Private, Ltd, Plc, and State Ownership when our markets have become corrupted by deregulation? None should believe corporations whether state bureaucracies as in tax funded, or commercial owned property for business or rentals, as in private equity are magically free from antitrust monopoly cheats. The inequality and colonial injustice of the British Empire is over, so get over it. Doesn’t Mr. Frog serve the fascist U.S. Empire? #LegalRights #CivilRights #Freedom #TheUnderclass #UnionsOfInterests #TheEntitled #Jobs #FascistBenefitCheats #PropertyRights #Deregulation #TrustUnderTheHammer
-
#Landlordism ‘Green Party backs plan to see end of private letting’ https://www.bbc.co.uk/news/articles/cwy9zqzp44vo
Ok, what counts as Private, Ltd, Plc, and State Ownership when our markets have become corrupted by deregulation? None should believe corporations whether state bureaucracies as in tax funded, or commercial owned property for business or rentals, as in private equity are magically free from antitrust monopoly cheats. The inequality and colonial injustice of the British Empire is over, so get over it. Doesn’t Mr. Frog serve the fascist U.S. Empire? #LegalRights #CivilRights #Freedom #TheUnderclass #UnionsOfInterests #TheEntitled #Jobs #FascistBenefitCheats #PropertyRights #Deregulation #TrustUnderTheHammer
-
https://www.europesays.com/uk/947542/ Motor finance redress scheme hangs in balance amid legal row #Banking #Banks #Barclays #BMW #Business #CarFinance #Consumer #CostOfRegulation #deregulation #FCA #FCAS #FinancialConductAuthority(fca) #FinancialRegulation #Ford #Lloyds #LloydsBank #LloydsBankingGroup #Mercedes #MercedesBenz #MotorFinance #MotorFinanceReview #MotorFinanceScandal #MotorInsurance #News #Regulation #RegulationUk #TheFinancialConductAuthority(fca) #UK #UnitedKingdom
-
Motor finance redress scheme hangs in balance amid legal row
F…
#NewsBeep #News #Business #Banking #banks #Barclays #BMW #carfinance #Consumer #costofregulation #deregulation #FCA #fcas #financialconductauthority(fca) #Financialregulation #Ford #GB #Lloyds #LloydsBank #LloydsBankingGroup #Mercedes #MercedesBenz #motorfinance #motorfinancereview #Motorfinancescandal #motorinsurance #Regulation #regulationuk #thefinancialconductauthority(fca) #UK #UnitedKingdom
https://www.newsbeep.com/uk/573653/ -
Spirit Airlines collapses: 17,000 workers pay for Wall Street’s war on Iran
Have you been impacted by Spirit’s bankruptcy? Contact the WSWS below to tell us your story. All submissions…
#Israel #News #AFA-CWA #Airlines #BANKRUPTCY #dérégulation #fuel #Iran #PATCO #prices #Spirit #unions
https://www.europesays.com/2964435/ -
@InsurgoFormica
It’s worth noting that a call to cut ‘red tape’ is a euphemism for #NeoLiberal #Deregulation in order to further #Grifting through #Globalisation and #FreeMarketEconomics all of which were debunked in the #2008FinancialCrisis and its aftermath.Typical political trash talking, masking flawed economic theory with misdirection, who doesn’t like less red tape?
-
@InsurgoFormica
It’s worth noting that a call to cut ‘red tape’ is a euphemism for #NeoLiberal #Deregulation in order to further #Grifting through #Globalisation and #FreeMarketEconomics all of which were debunked in the #2008FinancialCrisis and its aftermath.Typical political trash talking, masking flawed economic theory with misdirection, who doesn’t like less red tape?
-
@InsurgoFormica
It’s worth noting that a call to cut ‘red tape’ is a euphemism for #NeoLiberal #Deregulation in order to further #Grifting through #Globalisation and #FreeMarketEconomics all of which were debunked in the #2008FinancialCrisis and its aftermath.Typical political trash talking, masking flawed economic theory with misdirection, who doesn’t like less red tape?
-
@InsurgoFormica
It’s worth noting that a call to cut ‘red tape’ is a euphemism for #NeoLiberal #Deregulation in order to further #Grifting through #Globalisation and #FreeMarketEconomics all of which were debunked in the #2008FinancialCrisis and its aftermath.Typical political trash talking, masking flawed economic theory with misdirection, who doesn’t like less red tape?
-
@InsurgoFormica
It’s worth noting that a call to cut ‘red tape’ is a euphemism for #NeoLiberal #Deregulation in order to further #Grifting through #Globalisation and #FreeMarketEconomics all of which were debunked in the #2008FinancialCrisis and its aftermath.Typical political trash talking, masking flawed economic theory with misdirection, who doesn’t like less red tape?
-
A vast casino
Casino capitalism taken further: speculative gambling on war and oil* “The Western financial system is rapidly coming to resemble nothing as much as a vast casino.” >>
Strange, Susan. [1986] 1997. Casino Capitalism. Manchester, U.K.: Manchester University Press.
https://www.manchesterhive.com/display/9781784997212/9781784997212.xml* "The proliferation of online betting markets like Polymarket and Kalshi has allowed bets on virtually any news event, including the Iran war."
“But many of them bear the hallmarks of suspicious trades that would naturally warrant investigation.”
“It’s a wild west phase, when we’re talking about the prediction market industry, and now it’s spilled over into the stock market as well,." >>
https://www.theguardian.com/world/2026/apr/18/iran-war-bets-ethics-concerns#CasinoCapitalism #deregulation #FinancialLandscape #risks #financialisation #UnregulatedExcesses #war #oil #regulation #UnfetteredGreed #WildWest #risks #crime #InsiderKnowledge
-
Elon Musk’s Space X moves closer to IPO #BBC over valuation of $200 for every $1; $1.75 Trillion! Yet you have Grok and the fascist cult Ai bubble for those who love their rocket and missile tech. As referring to Warren Buffet’s 3i: innovators, imitators and idiots. Built on an indemonstrable grief: the grief of the few is greater than that of the many #WW3 #Deregulation #TheGreatCollapse #GamblersRuin #MADEmpire #IPO #Grok #Space #SpaceX
-
“[UK Green Party leader] Zack Polanski delivers his first major economic speech”
by James Wright in The Canary
@thecanaryuk
@uk_politics
@ZackPolanski“Green party leader Zack Polanski delivered his first economic speech to the New Economics Foundation on 19 March. Polanski’s diagnosis of the issues with the UK were #privatisation, #deregulation and the excesses of the rentier class. His solutions included #nationalisation of #water, #rent #controls and #wealth #taxes”
https://www.thecanary.co/uk/news/2026/03/21/zack-polanski-delivers-his/
-
“[UK Green Party leader] Zack Polanski delivers his first major economic speech”
by James Wright in The Canary
@thecanaryuk
@uk_politics
@ZackPolanski“Green party leader Zack Polanski delivered his first economic speech to the New Economics Foundation on 19 March. Polanski’s diagnosis of the issues with the UK were #privatisation, #deregulation and the excesses of the rentier class. His solutions included #nationalisation of #water, #rent #controls and #wealth #taxes”
https://www.thecanary.co/uk/news/2026/03/21/zack-polanski-delivers-his/
-
“[UK Green Party leader] Zack Polanski delivers his first major economic speech”
by James Wright in The Canary
@thecanaryuk
@uk_politics
@ZackPolanski“Green party leader Zack Polanski delivered his first economic speech to the New Economics Foundation on 19 March. Polanski’s diagnosis of the issues with the UK were #privatisation, #deregulation and the excesses of the rentier class. His solutions included #nationalisation of #water, #rent #controls and #wealth #taxes”
https://www.thecanary.co/uk/news/2026/03/21/zack-polanski-delivers-his/
-
“[UK Green Party leader] Zack Polanski delivers his first major economic speech”
by James Wright in The Canary
@thecanaryuk
@uk_politics
@ZackPolanski“Green party leader Zack Polanski delivered his first economic speech to the New Economics Foundation on 19 March. Polanski’s diagnosis of the issues with the UK were #privatisation, #deregulation and the excesses of the rentier class. His solutions included #nationalisation of #water, #rent #controls and #wealth #taxes”
https://www.thecanary.co/uk/news/2026/03/21/zack-polanski-delivers-his/
-
“[UK Green Party leader] Zack Polanski delivers his first major economic speech”
by James Wright in The Canary
@thecanaryuk
@uk_politics
@ZackPolanski“Green party leader Zack Polanski delivered his first economic speech to the New Economics Foundation on 19 March. Polanski’s diagnosis of the issues with the UK were #privatisation, #deregulation and the excesses of the rentier class. His solutions included #nationalisation of #water, #rent #controls and #wealth #taxes”
https://www.thecanary.co/uk/news/2026/03/21/zack-polanski-delivers-his/
-
In addition to the #deregulation of plants derived from #newgeneticengineering (#NGTs), the @EUCommission is already planning to lower the #safetystandards for #geneticallyengineered microorganisms (#GMMOs).
-
With Latest Rollback, the #US Essentially Has No #CleanCar Rules
The #EPA’s killing of the #EndangermentFinding caps a year of #deregulation that is likely to make #cars thirstier for #gas & less competitive globally, experts say. [absolutely true, other countries have regulations, if US cars aren’t made to meet their standards, no one can buy them anywhere but in the US. Idiotic.]
#Trump #idiocracy #business #ClimateChange #ClimateCrisis #Climate #law #EnvironmentalLaw
https://www.nytimes.com/2026/02/16/climate/endangerment-finding-auto-emissions-regulations.html?smid=nytcore-ios-share -
1/ Commission President von der Leyen & EU government leaders meet today for a 'competitiveness' retreat in #AldenBiesen 🇧🇪 VDL, since her reappointment in 2024, has unleashed an aggressive #deregulation agenda Worryingly, she is now getting absolute backing from #Merz, #Meloni, #DeWever & others
-
As the Trump EPA Prepares to Revoke Key Legal Finding on Climate Change, What Happens Next?
Following three of the warmest years on record, as scientists reckon with climate tipping points and …
#NewsBeep #News #Headlines #CleanAirAct #Climatechange #deregulation #deregulatory #DonaldTrump #endangermentfinding #EnvironmentalProtectionNetwork #EPA #InflationReductionAct #LeeZeldin #Massachusettsv.EPA #NRDC #SupremeCourt #Trumpadministration #UnitedStates #Us #USA
https://www.newsbeep.com/392737/ -
Ignore the gender balance of the Business Europe guys: this is Commission President Ursula @vonderleyen (on bluesky). Meeting big byz. I wonder when she had a working dinner with NGOs on the nature + climate crisis (which are not over), and a shared sense of urgency for #EUGreenDeal? Answer: never :( Profound changes to the EU environmental acquis (aka #deregulation/simplification) are toxic, killing our foundation. Let's take the #HandsOffNature!
-
Ignore the gender balance of the Business Europe guys: this is Commission President Ursula @vonderleyen (on bluesky). Meeting big byz. I wonder when she had a working dinner with NGOs on the nature + climate crisis (which are not over), and a shared sense of urgency for #EUGreenDeal? Answer: never :( Profound changes to the EU environmental acquis (aka #deregulation/simplification) are toxic, killing our foundation. Let's take the #HandsOffNature!
-
Ignore the gender balance of the Business Europe guys: this is Commission President Ursula @vonderleyen (on bluesky). Meeting big byz. I wonder when she had a working dinner with NGOs on the nature + climate crisis (which are not over), and a shared sense of urgency for #EUGreenDeal? Answer: never :( Profound changes to the EU environmental acquis (aka #deregulation/simplification) are toxic, killing our foundation. Let's take the #HandsOffNature!
-
🔥 Dear EU citizens: Manfred #Weber, @vonderleyen and the EU Member State "leaders" (#Merz, #Meloni) want to kill EU #Environmental Legislation that protects us . On clean air to breath, water to drink, and nature to deliver its services. Let's not tolerate but get loud, with a clear message: #HandsOffNature! Sign the petition and share the video, thanks 🙏 #Omnibus #Deregulation #Competitiveness #RedTape #Simplification https://handsoffnature.eu/
-
Report Finds Workers Are Less Safe After Trump’s First Year in Office
Danger on the job is on the rise as federal funding, workplace inspections, and safety regulations decline.https://murica.website/2026/01/report-finds-workers-are-less-safe-after-trumps-first-year-in-office/
-
Report Finds Workers Are Less Safe After Trump’s First Year in Office
Danger on the job is on the rise as federal funding, workplace inspections, and safety regulations decline.https://murica.website/2026/01/report-finds-workers-are-less-safe-after-trumps-first-year-in-office/
-
Report Finds Workers Are Less Safe After Trump’s First Year in Office
Danger on the job is on the rise as federal funding, workplace inspections, and safety regulations decline.https://murica.website/2026/01/report-finds-workers-are-less-safe-after-trumps-first-year-in-office/
-
Report Finds Workers Are Less Safe After Trump’s First Year in Office
Danger on the job is on the rise as federal funding, workplace inspections, and safety regulations decline.https://murica.website/2026/01/report-finds-workers-are-less-safe-after-trumps-first-year-in-office/
-
Report Finds Workers Are Less Safe After Trump’s First Year in Office
Danger on the job is on the rise as federal funding, workplace inspections, and safety regulations decline.https://murica.website/2026/01/report-finds-workers-are-less-safe-after-trumps-first-year-in-office/
-
EU politicians: We need to DEREGULATE NOW otherwise we cannot win the #AI race !!1! AI must be EVERYWHERE !1!!!
Also EU politicians: Oh shit, people use AI to create illegal content and harm women and children with nudify apps.
#deregulation #simplification #EUpolicy #omnibus #genAI #nudification
-
House GOP Bill Would Roll Back Key Protections in US Chemical Safety Law
“This bill is a chemical lobby wish list,” said one critic. -
House GOP Bill Would Roll Back Key Protections in US Chemical Safety Law
“This bill is a chemical lobby wish list,” said one critic. -
House GOP Bill Would Roll Back Key Protections in US Chemical Safety Law
“This bill is a chemical lobby wish list,” said one critic. -
House GOP Bill Would Roll Back Key Protections in US Chemical Safety Law
“This bill is a chemical lobby wish list,” said one critic. -
House GOP Bill Would Roll Back Key Protections in US Chemical Safety Law
“This bill is a chemical lobby wish list,” said one critic. -
"The justice system is a "stain on Australia's reputation"."
"A delegation of United Nations inspectors have raised the alarm about Australia's treatment of children, First Nations people, people with disability and migrants in detention."
"The UN Working Group on Arbitrary Detention visited detention facilities in New South Wales, Western Australia and the ACT, but was denied access to all Northern Territory institutions in an international first... The Northern Territory barred all access to inspectors in a worldwide first."
>>
https://www.abc.net.au/news/2025-12-13/united-nations-warn-australia-prison-detention-human-rights/106136950Loïc J. D. Wacquant, oeuvre >>
https://en.wikipedia.org/wiki/Lo%C3%AFc_Wacquant
#UnitedNations #Australia #incarceration #HumanRights #laws #FirstNationsPeople #NT #children #SolitaryConfinement #inequality #deregulation #StateStrategy #PunitiveGovernance -
Bank of England warns of rising global threat as lenders’ capital rules slashed
Tuesday 02 December 2025 9:07 am | Updated: Tuesday 02 December 2025 12:34 pm Share Fac…
#NewsBeep #News #Economy #AI #AIbubble #bank #bankaccounts #BankofEngland #Banking #banks #Business #Capital #deregulation #Economics #KeirStarmer #Labour #Markets #privatecredit #RachelReeves #Regulation #regulationuk #TheBankofEngland #UK #UKeconomy #ukfinance #UKGovernment #UnitedKingdom
https://www.newsbeep.com/uk/295366/ -
„Inequality is a policy choice – produced by specific economic, political and legal decisions rather than by “globalisation” or technology. Financial deregulation, weakening labour protections and privatisation all aid rising inequality, as does cutting corporate and top income tax rates.“
#Stiglitz #Ungleichheit #Deregulation #Privatisierung #TaxTheRich
-
The Summit on European Digital Sovereignty was even more disappointing than I expected. It was more about #deregulation than getting rid of the #dependence on #BigTech.
There was a panel about “The Power of #DigitalCommons” but none of the projects that contribute to an #OpenDigitalInfrastructure was invited.
The @boeckler_de recently published a Working paper by René Lührsen, @heimstaedt and Thomas Gegenhuber analysing the work of the @sovtechfund
https://www.boeckler.de/de/faust-detail.htm?sync_id=HBS-009212The paper analyses the already existing open digital infrastructure provided by a network of underfinanced #FreeSoftware companies and projects. And it decribes how the STA manages to support these projects that usually wouldn't have a chance to get public funding.
Just as public funding in gerneral this summit was tailor-made for big corporations.
-
"A 2024 analysis by climate watchdog Floodlight identified a “generational resurgence of fraud and corruption in the utility sector” costing electricity consumers at least $6.6 billion over the past five years.
Over that same time period, utilities’ shareholders have claimed losses of over $12 billion after alleging corruption or fraud, and electric companies have paid out half a billion in related settlements. Since 2019, seven power industry executives have been federally indicted or pleaded guilty to crimes
A standout example is the FirstEnergy nuclear bailout scandal. In 2020, Ohio’s House speaker and Public Utilities Commission chairman were indicted on federal racketeering charges after accepting $61 million in bribes from grid operator FirstEnergy in exchange for $1.3 billion in taxpayer-funded nuclear power subsidies.
The cause of all this graft? Deregulation. In 2005, Congress repealed the 1935 Public Utility Holding Company Act, which barred electric utilities from donating treasury funds to political campaigns. Since then, public utilities commissions, by approving rate hikes, have delivered roughly $4 million in additional annual profits to the industry.
Meanwhile, watchdogs describe a “revolving door” in which executives hop between utility commissions and the private-sector firms they regulate with few restrictions or oversight. One study of 473 public utility commissions found that 50 percent of commissioners went on to take a job within or adjacent to an industry they oversaw."
-
"A 2024 analysis by climate watchdog Floodlight identified a “generational resurgence of fraud and corruption in the utility sector” costing electricity consumers at least $6.6 billion over the past five years.
Over that same time period, utilities’ shareholders have claimed losses of over $12 billion after alleging corruption or fraud, and electric companies have paid out half a billion in related settlements. Since 2019, seven power industry executives have been federally indicted or pleaded guilty to crimes
A standout example is the FirstEnergy nuclear bailout scandal. In 2020, Ohio’s House speaker and Public Utilities Commission chairman were indicted on federal racketeering charges after accepting $61 million in bribes from grid operator FirstEnergy in exchange for $1.3 billion in taxpayer-funded nuclear power subsidies.
The cause of all this graft? Deregulation. In 2005, Congress repealed the 1935 Public Utility Holding Company Act, which barred electric utilities from donating treasury funds to political campaigns. Since then, public utilities commissions, by approving rate hikes, have delivered roughly $4 million in additional annual profits to the industry.
Meanwhile, watchdogs describe a “revolving door” in which executives hop between utility commissions and the private-sector firms they regulate with few restrictions or oversight. One study of 473 public utility commissions found that 50 percent of commissioners went on to take a job within or adjacent to an industry they oversaw."
-
"A 2024 analysis by climate watchdog Floodlight identified a “generational resurgence of fraud and corruption in the utility sector” costing electricity consumers at least $6.6 billion over the past five years.
Over that same time period, utilities’ shareholders have claimed losses of over $12 billion after alleging corruption or fraud, and electric companies have paid out half a billion in related settlements. Since 2019, seven power industry executives have been federally indicted or pleaded guilty to crimes
A standout example is the FirstEnergy nuclear bailout scandal. In 2020, Ohio’s House speaker and Public Utilities Commission chairman were indicted on federal racketeering charges after accepting $61 million in bribes from grid operator FirstEnergy in exchange for $1.3 billion in taxpayer-funded nuclear power subsidies.
The cause of all this graft? Deregulation. In 2005, Congress repealed the 1935 Public Utility Holding Company Act, which barred electric utilities from donating treasury funds to political campaigns. Since then, public utilities commissions, by approving rate hikes, have delivered roughly $4 million in additional annual profits to the industry.
Meanwhile, watchdogs describe a “revolving door” in which executives hop between utility commissions and the private-sector firms they regulate with few restrictions or oversight. One study of 473 public utility commissions found that 50 percent of commissioners went on to take a job within or adjacent to an industry they oversaw."
-
"A 2024 analysis by climate watchdog Floodlight identified a “generational resurgence of fraud and corruption in the utility sector” costing electricity consumers at least $6.6 billion over the past five years.
Over that same time period, utilities’ shareholders have claimed losses of over $12 billion after alleging corruption or fraud, and electric companies have paid out half a billion in related settlements. Since 2019, seven power industry executives have been federally indicted or pleaded guilty to crimes
A standout example is the FirstEnergy nuclear bailout scandal. In 2020, Ohio’s House speaker and Public Utilities Commission chairman were indicted on federal racketeering charges after accepting $61 million in bribes from grid operator FirstEnergy in exchange for $1.3 billion in taxpayer-funded nuclear power subsidies.
The cause of all this graft? Deregulation. In 2005, Congress repealed the 1935 Public Utility Holding Company Act, which barred electric utilities from donating treasury funds to political campaigns. Since then, public utilities commissions, by approving rate hikes, have delivered roughly $4 million in additional annual profits to the industry.
Meanwhile, watchdogs describe a “revolving door” in which executives hop between utility commissions and the private-sector firms they regulate with few restrictions or oversight. One study of 473 public utility commissions found that 50 percent of commissioners went on to take a job within or adjacent to an industry they oversaw."
-
"A 2024 analysis by climate watchdog Floodlight identified a “generational resurgence of fraud and corruption in the utility sector” costing electricity consumers at least $6.6 billion over the past five years.
Over that same time period, utilities’ shareholders have claimed losses of over $12 billion after alleging corruption or fraud, and electric companies have paid out half a billion in related settlements. Since 2019, seven power industry executives have been federally indicted or pleaded guilty to crimes
A standout example is the FirstEnergy nuclear bailout scandal. In 2020, Ohio’s House speaker and Public Utilities Commission chairman were indicted on federal racketeering charges after accepting $61 million in bribes from grid operator FirstEnergy in exchange for $1.3 billion in taxpayer-funded nuclear power subsidies.
The cause of all this graft? Deregulation. In 2005, Congress repealed the 1935 Public Utility Holding Company Act, which barred electric utilities from donating treasury funds to political campaigns. Since then, public utilities commissions, by approving rate hikes, have delivered roughly $4 million in additional annual profits to the industry.
Meanwhile, watchdogs describe a “revolving door” in which executives hop between utility commissions and the private-sector firms they regulate with few restrictions or oversight. One study of 473 public utility commissions found that 50 percent of commissioners went on to take a job within or adjacent to an industry they oversaw."