Mulvaney took nearly $700,000 in campaign contributions from the industries he’d regulate at CFPB
According to American Bridge calculations using Center for Responsive Politics data, as a member of the U.S. House, Mick Mulvaney accepted $683,973 in campaign contributions from the financial sector, which the Consumer Financial Protection Bureau (CFPB) has regulatory powers over.
While in Congress, Mulvaney Mulvaney said that the CFPB should not even exist, and called the agency a “sick, sad” joke. The 29 million Americans who’ve received almost $12 billion in relief thanks to the CFPB’s enforcement work against financial sector abuses would disagree.
“You couldn’t make this up. Trump’s choice to take over the CFPB, Mick Mulvaney, called the agency a ‘joke’ as he took hundreds of thousands of dollars in campaign contributions from the financial sector it regulates,” said American Bridge spokesperson Andrew Bates. “Trump has outright admittedhis plan is to cripple this independent watchdog in order to increase Wall Street profits. This is more proof that […]Read more after the jump.