Current OMB Director and illegitimate CFPB Director Mick Mulvaney has a message for bankers: If you don't like the CFPB, buy more Congressmen.
New York Times reports:
“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 the financial contributions,” said Mr. Mulvaney, who received nearly $63,000 from payday lenders for his congressional campaigns.
So to summarize, the only people Mulvaney gave a damn about were constituents who had the time and ability to travel to his office in Washington, or you know, actual lobbyists who ponied up some big bucks for access. And he's just being honest: He took more than $66,000 from payday lenders before yanking the CFPB off their backs.
In other words, give more. Buy more Republicans for Congress. Do it. Or else.
Twitter responded bigly:
And Think Progress reports that Fox News is SILENT on this story because of course they are:
Frances Langum contributed to this post.