This guy is seriously out to screw the American consumer….
And he’s solicting money from the money people that will be able to do the screwing….
And in the Trump/Republican times…..
Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau (CFPB), told bankers and lobbyists on Tuesday that they should give more campaign contributions if they want to weaken the powers of the bureau he runs, The New York Times reported.
Mulvaney told more than a thousand bankers and lobbyists at an American Bankers Association conference in Washington that when he was a congressman he only talked to lobbyists that had given him money, according to the Times.
For Mulvaney, trying to sway legislators through donations is one of the “fundamental underpinnings of our representative democracy,” the Times reported.
Payday lenders gave Mulvaney nearly $63,000, according to the Times.
Mulvaney wants Congress to further limit the powers of the CFPB by cutting its funding. This would give lawmakers — and those capable of influencing them — more power over the bureau.
To accomplish this, he urged the bankers and lobbyists to donate more to campaigns.
Mulvaney, who also runs the White House’s budget office, is a longtime critic of the bureau he was tapped by President Trump to temporarily run.
As CFPB director, Mulvaney has stopped all investigations and slowed down inquiries. He has weakened the bureau’s effort to go after financial services companies accused of targeting vulnerable customers…..