Two weeks ago, Joe Biden rightly received praise for creating policy task forces that released a package of progressive legislative initiatives. The proposals augmented Biden’s previous legislative initiatives to change corporate behavior. The task forces were meant to unify the Democratic Party after the primary, and their recommendations were blared all over the world in glowing headlines promising an era of progressive change under a Biden administration.

Then, this past Monday, Biden told his Wall Street donors that actually, he is not proposing any new legislation to rein in corporate power or change corporate behavior — and this was reported exactly nowhere, even as his campaign blasted it out to the national press corps.

You don’t have to believe me — you can click here to read the full pool report that the Biden campaign distributed to the press after his teleconference fundraiser. That event was headlined by Jon Gray, a top executive at the Blackstone Group, which is a private equity behemoth at the center of the climate, health care, housing, and pension crises. Blackstone executives had already donated $130,000 to the Biden campaign and $350,000 to a super PAC supporting him.