Published: Thu, April 26, 2018
Markets | By Josh Butler

Mulvaney: I Only Talked To Lobbyists Who Donated To My Congressional Campaign

Mulvaney: I Only Talked To Lobbyists Who Donated To My Congressional Campaign

Ethics experts say Mick Mulvaney, the White House budget director and interim head of the Consumer Financial Protection Bureau, should be investigated for potentially violating federal bribery laws after he admitted that, as a congressman, he only gave meetings to lobbyists who donated to his campaign. 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.

Under Mulvaney, the bureau has proposed revisiting the regulations and policies the Obama administration put in place, and has also reduced the number of enforcement actions it has taken. "If you're a lobbyist who gave us money, I might talk to you".

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.

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Mulvaney added that if his constituents from South Carolina's 5th District came into his office, "I talked to you without exception, regardless of the financial contributions". "And you have to continue to do it'". "Banks and payday lenders already have armies of lobbyists on their sides - they don't need one more".

When asked for comment by the Times, a Mulvaney spokesperson asserted that he was "making the point that hearing from people back home is vital to our democratic process", and that it is "more important than lobbyists and. more important than money".

Since then, he has frozen all new investigations and slowed down existing inquiries by requiring career employees to produce detailed justifications for their work and by sharply restricting the bureau's access to bank data, arguing that its investigations created unnecessary online security risks.

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