Mick Mulvaney Admits to Only Meeting With Lobbyists Who Gave Him Money

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Sherrod Brown, the top Democrat on the Senate Banking Committee, on Wednesday said Mick Mulvaney should resign as acting director of the Consumer Financial Protection Bureau after telling a group of banking industry executives that he only met with lobbyists who gave him campaign donations when he was a member of Congress. On Tuesday, he admitted that, as a Congressman, he only met with lobbyists who gave him money - almost 90% of which come from banks and other businesses. 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. And he has scaled back the agency's efforts to go after payday lenders, auto lenders and other financial services companies accused of preying on vulnerable consumers. "If you came from back home and sat in my lobby, I would talk to you without exception, regardless of the financial contributions".

Speaking of his time as a Congressman, Mulvaney is reported by The Hill to have said, "If you were a lobbyist who never gave us money, I didn't 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".

Only meeting with lobbyists when they pay you money is a clear example of the political corruption that is commonplace in American politics.

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As a congressman, Mulvaney received $63,000 in campaign contributions from payday lenders, and since taking over at the CFPB he has loosened regulations on the payday lending industry, which has been accused of engaging in predatory practices.

The Trump administration is no stranger to officials behaving in unethical ways.

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