Mulvaney's Advice to Bankers: Up Campaign Donations to Diminish Consumer Watchdog

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Among those who donated to his campaign were payday lenders, who gave him over $60,000.

Norm Eisen, a former top ethics official under President Barack Obama, said the FBI should investigate whether Mulvaney's actions in Congress were directly influenced by campaign contributions. 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.

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Mulvaney, a former GOP congressman from SC, said Tuesday that he would only meet with lobbyists who had donated to his political campaigns but valued the opinions of his constituents over hired guns. "If you're a lobbyist who never gave us money, I didn't talk to you". On Tuesday, Mulvaney basically admitted to accepting bribes from lobbyists. "If you came from back home and sat in my lobby, I would talk to you without exception, regardless of the financial contributions".

Defending Mulvaney's speech, OMB spokesman John Czwartacki said that Mulvaney's comments were being taken out of context. The scandalous part is that Mulvaney asked the executives and lobbyists to donate more money, and told them the more they donated, the more influence they would have. He said this tactic was, "fundamental underpinnings of our representative democracy". "Banks and payday lenders already have armies of lobbyists on their sides-they don't need one more", he said. "If you came from back home and sat in my lobby, I talked to you without exception, regardless of the financial contributions", said Mr. Mulvaney, who received almost $63,000 from payday lenders for his congressional campaigns. Administration officials said the rebranding was an attempt to diminish the agency's public profile.

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