The top Democrat on the Senate Banking Committee joined with consumer advocates Wednesday in calling on Consumer Financial Protection Bureau acting Director Mick Mulvaney to resign after he told a bank industry gathering this week that, while in Congress, he wouldn't meet with lobbyists who hadn't given him campaign contributions. "If you're a lobbyist who gave us money, I might talk to you". Mulvaney accepted almost $63,000 in campaign donations from payday lenders during his time in Congress, but Mulvaney claims those donations do not pose a conflict of interest. "If you're a lobbyist who gave us money, I might talk to you".
President Donald Trump's budget director and CFPB head Mick Mulvaney, who thought the government shutdown was "kind of cool," was addressing the audience at the American Bankers Association conference in Washington, D.C., when he pretty much admitted the high level of corruption in Congress.
Well, how utterly noble of him to talk to the people he represented without asking them to pay up first. "Director Mulvaney's speech today made it clear that being from "back home" is "without exception" more important than money when visiting congressmen". Tuesday, he met with lobbyists and executives from the banking industry, promising further steps to gut regulations to prevent them from cheating customers.
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Ethics and legal experts point out that the legal threshold prosecutors must reach in order to convict a public official of bribery is high.
Prosecutors now must now prove beyond a reasonable doubt that an official took specific actions in exchange for a bribe, illustrating an obvious quid pro quo.
Many argue that regardless of whether Mulvaney engaged in any illegal conduct, his Tuesday admission is a fireable offense, and excusing it perpetuates a culture of impunity in Washington. The Trump administration is not even bothering to put up a facade.