A progressive president could indeed accomplish a great deal, no matter what

Closest thing I’ve seen in a while to what I’d call a “must-read.”

A president has a thicket of checks and balances to maneuver through. But America has also been passing laws for over 232 years, and buried in the U.S. Code are the raw materials for fundamental change. It doesn’t take Green Lantern’s ring to unearth these possibilities, just a president willing to use the laws already passed to their fullest potential.

The Prospect has identified 30 meaningful executive actions, all derived from authority in specific statutes, which could be implemented on Day One by a new president. These would not be executive orders, much less abuses of authority, but strategic exercise of legitimate presidential power.

Without signing a single new law, the next president can lower prescription drug prices, cancel student debt, break up the big banks, give everybody who wants one a bank account, counteract the dominance of monopoly power, protect farmers from price discrimination and unfair dealing, force divestment from fossil fuel projects, close a slew of tax loopholes, hold crooked CEOs accountable, mandate reductions of greenhouse gas emissions, allow the effective legalization of marijuana, make it easier for 800,000 workers to join a union, and much, much more. We have compiled a series of essays to explain precisely how, and under what authority, the next president can accomplish all this. - David Dayen/The American Prospect