Mulvaney's Talk To Bankers Spurs Calls For His Resignation

Acting CFPB chief mulls taking down public complaint database

Acting CFPB chief mulls taking down public complaint database

"We had a hierarchy in my office in Congress", Mulvaney said, the Times reported. But that's just what Mick Mulvaney, the Trump White House's budget chief and the interim director of the Consumer Financial Protection Bureau, managed to pull off Tuesday. Mulvaney accepted almost $63,000 in campaign donations from payday lenders during his time in Congress, but Mulvaney claims those donations do not pose a conflict of interest. He was tapped by President Trump in November to temporarily run the bureau, in part because of his promise to sharply curtail its enforcement actions.

"If you were a lobbyist who never gave us money, I didn't talk to you".

Sherrod Brown, D-Ohio, blasted Mulvaney for the comments, which the former Republican congressman from SC made Tuesday during an appearance at an American Bankers Association conference in Washington. If you were a lobbyist who gave us money, I might talk to you. "I would have the Federal Bureau of Investigation look at his decision-making right up to the present, correlate it with lobbyist campaign contributions, and then go talk to him". That Mulvaney would engage in this behavior is not particularly surprising, but the fact that he so openly admits to it, in front of an industry group he is supposed to regulate, shows a striking level of disregard for even the appearance of basic propriety. "Director Mulvaney's speech today made it clear that being from "back home" is "without exception" more important than money when visiting congressmen". Administration officials said the rebranding was an attempt to diminish the agency's public profile.

"It is the flawless picture of all that is wrong with DC - and that will remain wrong with DC, even after this administration is gone", Lawrence Lessig, a Harvard professor and former Democratic presidential candidate, told Business Insider in a statement.

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