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conflicts of interest
Alito and Thomas Urged to Recuse From Key Case Over 'Cozy Ties' to Right-Wing Kingpin
"Americans deserve a legal system that isn't influenced by billionaires and special interest backers pushing an agenda at the expense of working families," said a watchdog group leader.
Mar 19, 2025
Ahead of U.S. Supreme Court arguments next week, a watchdog group asserted Wednesday that right-wing Justices Samuel Alito and Clarence Thomas must recuse themselves from a case "whose outcome could have sweeping consequences," citing "significant conflicts of interest" due to their relationships with "conservative kingpin Leonard Leo."
In Federal Communications Commissionv. Consumers' Research, a right-wing group is challenging the constitutionality of the FCC's Universal Service Fund program.
Vox's Ian Millhiser reported Wednesday that "if the Supreme Court accepts an argument raised by a federal appeals court, which struck down the federal program, it would bring about one of the biggest judicial power grabs in American history, and hobble the government's ability to do, well, pretty much anything."
In the new report about Alito and Thomas, the watchdog Accountable.US issued a similar warning about the case's potential impacts: "Effectively defunct for almost a century, the nondelegation doctrine prohibits Congress from passing off its legislative power to federal agencies... Reviving the doctrine would cripple agencies' ability to govern consumer safeguards, social security, Medicare, and more during a time when the Trump administration has begun to slash federal agencies."
"Now before the high court, the case presents an obvious conflict of interest for many of the justices who are personally tied to (and in some cases, friends of) the conservative activist Leonard Leo, who is closely connected to Consumers' Research," the analysis explains, pointing to reporting that Leo is the group's "main backer."
While "all six conservatives now sitting on the Supreme Court can credit Leo with helping to shepherd their confirmations," the watchdog's report states, the right-wing legal activist is "close personal friends" with Alito and Thomas.
According to the report:
- Leo has known Justice Thomas since the early 1990s when Leo was clerking in D.C. Since then, Leo has traveled with Thomas and invited him to his personal residence in Maine. The justice is also the godfather to one of Leo's daughters. Justice Thomas' wife, Ginni, has previously called Leo her "hero" and "mentor." Over the past 15 years, Leo and Ginni have worked together on several projects, operationalizing the outside game of conservative dark money and politics.
- Leo has also traveled with Justice Alito, most notably to Alaska on a private fishing trip (which Justice Alito did not disclose at the time). Leo's Federalist Society has also sponsored numerous trips overseas for Alito, some of them attended by Leo himself.
"Americans deserve a legal system that isn't influenced by billionaires and special interest backers pushing an agenda at the expense of working families. Justices Thomas and Alito's cozy ties to Leonard Leo and thereby Consumers' Research fly straight in the face of that, and present a clear conflict of interest impeding their ability to rule impartially on the case," said Accountable.US president Caroline Ciccone in a statement.
"Public trust in the Supreme Court is already at an all-time low because of misguided conduct by justices–this case threatens to degrade it further," Ciccone continued. "The Supreme Court simply cannot be trusted to defend the Constitution if it doesn't adopt an obligatory, enforceable code of conduct that cleans up the impropriety that's existed on the court for years. Thomas and Alito must recuse themselves and restore a semblance of integrity to the highest court."
In addition to releasing the report, Accountable.US and two other groups, Take Back the Court and United for Democracy, argued for Alito and Thomas' recusal in a letter to Chief Justice John Roberts—who on Tuesday publicly condemned right-wing attacks on the federal judiciary.
"The Supreme Court has been engulfed by corruption scandals, many of which centering around the right-wing justices' overly friendly relationships with powerful billionaires and special interests," United for Democracy senior adviser Meagan Hatcher-Mays said Wednesday. "At the same time that Justices Thomas and Alito were accepting lavish gifts and trips from billionaires, they were hearing cases with those same billionaires' legal interests at stake."
"It's impossible for the American public to trust in Supreme Court rulings when this kind of glad-handing is taking place," she added. "The appearance of impropriety is clear in FCC v. Consumers' Research given Leonard Leo's long-time friendship with Justices Thomas and Alito and his financial entanglements with Consumers’ Research. Justices Thomas and Alito must recuse themselves immediately."
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Watchdogs Renew Warnings of 'Profoundly Unqualified' Dr. Oz After Senate Hearing
"Between his massive conflicts of interest across the healthcare sector and his endorsement of further privatizing Medicare, Oz would be a threat to the health of tens of millions of Americans," said one opponent.
Mar 14, 2025
Progressive watchdog organizations responded to the U.S. Senate Finance Committee's Friday hearing for Dr. Mehmet Oz by again sounding the alarm about the heart surgeon and former television host nominated to lead a key federal healthcare agency.
Since President Donald Trumpannounced Oz as his nominee for administrator of the Centers for Medicare and Medicaid Services (CMS) last November, opponents have spotlighted the doctor's promotion of unproven products, investments in companies with interests in the federal agency, and support for expanding Medicare Advantage during an unsuccessful U.S. Senate run in 2022.
"Dr. Oz's career promoting dubious medical treatments and pseudoscience often for personal financial gain should immediately disqualify him from serving in any public health capacity, let alone in a top administration health post," Accountable.US executive director Tony Carrk said in a Friday statement.
"Dr. Oz's nomination is part of President Trump's grand plan to enrich his corporate donors and wealthy friends while the rest of us get higher costs, less coverage, and weakened protections."
In December, Carrk's group found that based on disclosures from Oz's 2022 run against U.S. Sen. John Fetterman (D-Pa.), the Republican doctor reported "up to $56 million in investments in three companies" with direct CMS interests—including Sharecare, which became the "exclusive in-home care supplemental benefit program" for 1.5 million Medicare Advantage enrollees.
A spokesperson said at the time that Oz has since divested from Sharecare. However, critics have still expressed concern about how the nominee's confirmation could boost Republican efforts to expand Medicare Advantage—health insurance plans for seniors administered by private companies rather than the government.
"As a self-interested advocate of privatizing Medicare at a higher cost and more denials of care for seniors, Dr. Oz is surely eager to enact the Trump-Republican budget plan to gut Medicare and Medicaid and jeopardize health coverage for millions of Americans—all to pay for more tax breaks for billionaires and price gouging corporations," said Carrk. "Dr. Oz's nomination is part of President Trump's grand plan to enrich his corporate donors and wealthy friends while the rest of us get higher costs, less coverage, and weakened protections—especially those with preexisting conditions."
As he faces Senate confirmation, remember that Dr. Oz: -Pushed Medicare privatization plans on his show -Owns ~$600k in stock in private insurers -Has ties to pyramid scheme companies that promote fake medical cures His main qualification to oversee CMS is loyalty to Trump.
— Robert Reich ( @rbreich.bsky.social) March 14, 2025 at 1:41 PM
Robert Weissman, co-president of the consumer advocacy group Public Citizen, has been similarly critical of Oz, and remained so after senators questioned him on Friday, saying in a statement that "Mehmet Oz showed he is profoundly unqualified to lead any part of our healthcare system, let alone an agency as important as CMS."
"Between his massive conflicts of interest across the healthcare sector and his endorsement of further privatizing Medicare, Oz would be a threat to the health of tens of millions of Americans," Weissman warned. "Privatized Medicare Advantage plans deliver inferior care and cost taxpayers nearly $100 billion annually in excess costs."
"It is time for President Trump to put down the remote, stop finding nominees on television, and instead nominate people with actual experience and a belief in the importance of protecting crucial health programs like Medicare and Medicaid," he argued, taking aim at not only the president but also his billionaire adviser Elon Musk, head of the so-called Department of Government Efficiency(DOGE) and, Robert F. Kennedy Jr., the conspiracy theorist now running the Department of Health and Human Services.
Weissman declared that "Trump, Musk, and RFK Jr. fail to put the American people first as they seek to gut agencies and make dangerous cuts to health programs to fund tax cuts for billionaires. Oz indicated he would not oppose such cuts, bringing more destruction to lifesaving programs. Oz has no place in government and should be roundly rejected by every senator."
During a Friday exchange with Sen. Ron Wyden (D-Ore.), the committee's ranking member, Oz refused to decisively commit to opposing cuts to Medicaid. As the Alliance for Retired Americans highlighted, Oz kept that up when given opportunities to revise his answer by Sens. Ben Ray Luján (D-N.M.) and Michael Bennet (D-Colo.).
Other moments from the hearing that garnered attention included Oz's exchange with Sen. Catherine Cortez Masto (D-Nev.) about Affordable Care Act tax credits and Sen. Maggie Hassan (D-N.H.) calling out the doctor for his unwillingness "to take accountability for" his "promotion of unproven snake oil remedies" to millions of TV viewers.
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Trump’s Crypto Scam Threatens the Economy and His Own Power
For oligarchs, the rise of digital finance provides large moneymaking opportunities. But for the rest of us, it increases the risk of another financial crisis.
Jan 27, 2025
As of Friday, the Trumps’ cryptocurrency meme coins—the $TRUMP and $MELANIA cryptocurrency coins—had a combined market value of about $6 billion.
Days before taking the oath of office, now-U.S. President Donald Trump announced on his social media platform the creation of the $TRUMP coin, featuring Trump’s image from the July assassination attempt, and said: “Join the Trump Community. This is History in the Making!”
The $MELANIA coin soon followed.
Any wealthy person, corporation, or foreign leader wishing to curry favor with Trump now has a particularly easy means—just buy $TRUMP and $MELANIA cryptocurrency tokens.
Despite no details about the coin’s value, use, or risks, Trump supporters. gamblers, and those wishing to suck up to Trump bought it—sending the coin’s price into the stratosphere. On paper, the Trump family is now several billion dollars richer.
Trump once denounced crypto, but as the crypto industry poured tens of millions of dollars into 2024 campaigns, he changed his mind. Not only did he see the political power of the crypto industry; he saw an opportunity to make a pile of money.
He then promised to make the United States the “crypto capital of the planet.”
In September, the Trump family started World Liberty Financial, which they marketed as a platform to facilitate borrowing and lending in digital currencies. (Trump receives a cut of the sales of WLFI, the cryptocurrency associated with the platform.)
Now that he’s taken office, Trump plans to make billions off his presidency by implementing policies that favor crypto.
The Truth About Crypto
Cryptocurrencies serve no useful purpose other than the purchase of other crypto assets, money laundering, extortion, and scams. As economist Paul Krugman has said, their market value rests on nothing but “technobabble and libertarian derp.”
They also use huge amounts of energy.
And if they infiltrate Wall Street, they could destabilize the entire financial system.
The crypto industry has a dubious reputation. Sam Bankman-Fried, founder of FTX, one of the world’s biggest crypto exchanges, was last year sentenced to 25 years in prison for fraud. Changpeng Zhao, founder of a rival exchange, has spent four months locked up for money-laundering.
But the richest people in America with huge power—the oligarchy, including Trump—support cryptocurrencies. Not only can they make a fortune, but crypto advances their long-term aim of shifting financial controls out of a democratically elected system of government and into their own hands.
Trump II and Crypto
Now that he’s president, Trump is actively promoting crypto—reversing former President Joe Biden’s attempts to prevent the crypto industry from infiltrating Wall Street.
Biden’s tight rules made it prohibitively expensive for banks to hold digital assets on behalf of clients, and stopped them from developing their own crypto products, such as stablecoins (tokens pegged to the dollar or other assets).
The Federal Deposit Insurance Corporation (FDIC), a watchdog, stopped dozens of such projects on the basis that it did not know how digital assets ought to be treated in regulatory filings.
With Trump, though, banks and the crypto industry are now pushing in the same direction, and face little resistance. New and enormously profitable forms of risk-taking are emerging—for a small group of people able to take such risks and able (like the Trump family) to profit of their own crypto products.
Trump is putting crypto-friendly people into place at key federal agencies, boosting its prospects. In December, he picked Washington lawyer Paul Atkins, a known crypto booster, to chair the Securities and Exchange Commission, America’s main financial regulator.
Last week, the Securities and Exchange Commission altered its guidance so that financial institutions no longer have to account, on their own balance-sheets, for crypto assets held on behalf of customers. The SEC rolled back accounting guidance that had deterred banks from getting involved with crypto.
Trump has tapped the venture investor and digital currency enthusiast David Sacks to oversee administration policies on crypto (and artificial intelligence).
Then, this past Thursday, Trump issued an executive order committing the Trump administration to “protecting and promoting” the crypto industry:
The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our nation’s international leadership. It is therefore the policy of my administration to support the responsible growth and use of digital assets.
The order gives his administration authority to establish a national cryptocurrency stockpile—a stash of digital coins that the crypto industry has spent months lobbying the new administration for because it further legitimizes crypto and adds to the demand for it.
Trump’s order also prohibits the creation of a “central bank digital currency,” overseen by the government. And the order promises “fair and open access to banking services” for crypto (responding to complaints from crypto companies that banks have denied them accounts).
In effect, Trump is writing the rules for a business venture from which he and his family are personally profiting. It could earn them hundreds of billions of dollars.
If you’re outraged by this, fine. You’re probably outraged by a large number of things Trump has done since January 20.
The Larger Picture
The real significance of such blatant profiteering off the highest office in the land is what it reveals—not just about Trump but about the entire oligarchic enterprise he fronts for. It is likely to contribute to a vast wave of public alarm and disgust.
Just as Elon Musk is demonstrating how huge wealth can create enormous personal political power, Trump is demonstrating how enormous personal political power can create huge wealth.
Musk sank a quartet of a billion dollars into electing Trump, and was rewarded with a key spot as director of the so-called department of government efficiency, or DOGE (Dogecoin, itself a cypto token, has benefited from Musk’s vocal support)—creating vast conflicts of interest over crypto and Musk’s myriad businesses (X, SpaceX, and Tesla, which are regulated by federal agencies and also major government contractors).
As crypto and banking begin to merge, bank deposits will become more vulnerable to movements in the crypto market, and banks more vulnerable to runs.
This dynamic—great power creating huge wealth, and huge wealth creating great power—is central to the oligarchic takeover of America. And both are premised on the corruption of democracy.
Any wealthy person, corporation, or foreign leader wishing to curry favor with Trump now has a particularly easy means—just buy $TRUMP and $MELANIA cryptocurrency tokens.
The corruption will grow worse because neither Trump nor Musk has any sense of limits. Nor do any of the oligarchs surrounding them, such as David Sacks, who Trump picked to oversee his administration’s policies on crypto and artificial intelligence.
Like Musk, Sachs serves as a "special government employee,” which does not require Senate confirmation or full financial disclosure, and allows Sacks to maintain his business interests while influencing policy. Expect more conflicts of interest.
As crypto and banking begin to merge, bank deposits will become more vulnerable to movements in the crypto market, and banks more vulnerable to runs. That’s what happened at Silvergate and Signature, two crypto-focused banks which collapsed in 2023. Both were broken by a tumble in cryptocurrency prices that began in late 2021 and then reverberations from FTX’s collapse.
The biggest beneficiaries of all this are the highest rollers—the oligarchs who have been pushing crypto for years. And now Trump is in on it and stands to personally gain billions, as will those seeking to curry his favor by buying his coin.
The Endgame
The American public doesn’t abide flagrant self-dealing. We don’t want public officials personally profiting by decisions that are supposed to be made in the public’s interest.
You may be thinking: “But Trump has been profiteering for years off his presidency, as have members of his family. And they’ve gotten away with it.”
True, but what’s happening now is much bigger and far more visible. It involves an entire industry (crypto), and conspicuous members of the American oligarchy who are investing in it, including the president and officials around him.
And it’s inherently risky. For oligarchs, the rise of digital finance provides large moneymaking opportunities. But for the rest of us, it increases the risk of another financial crisis.
Unbound greed combined with unconstrained power is an explosive combination. When the blowup comes, it will take Trump, Musk, and the oligarchy with it.
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