Mulvaney’s advice to bankers: Boost your campaign donations to diminish the consumer watchdog [CNBC]
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Source: CNBC
Mark Wilson | Getty Images Mick Mulvaney prepares to testify to a House Appropriations Committee, on Capitol Hill, April 18, 2018 in Washington, DC. Mick Mulvaney , the interim director of the Consumer Financial Protection Bureau, told banking industry executives on Tuesday that they should press lawmakers hard to pursue their agenda, and revealed that, as a congressman, he would meet only with lobbyists if they contributed to his campaign. We had a hierarchy in my office in Congress, Mr. Mulvaney, a former Republican lawmaker from South Carolina , told 1,300 bankers and lending industry officials at an American Bankers Association conference in Washington . If you're a lobbyist who never gave us money, I didn't talk to you. If you're a lobbyist who gave us money, I might talk to you. At the top of the hierarchy, he added, were his constituents. If you came from back home and sat in my lobby, I talked to you without exception, regardless of th
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