On Tuesday, he admitted that, as a Congressman, he only met with lobbyists who gave him money - almost 90% of which come from banks and other businesses.
Mr. Mulvaney also said he would begin calling the Consumer Financial Protection Bureau by its official statutory name, the more obscure Bureau of Consumer Financial Protection. His tenure at the CFPB, the agency created to protect consumers in the wake of the financial crisis has already proved controversial, with critics charging he was attempting to dismantle rather than lead the agency.
Essentially, this little anecdote about Mulvaney only talking to lobbyists who paid him comes across as a message to bankers and financers they need to pay up in order to get any favors from the Trump administration, which is extremely unethical and highlights the level of dishonesty in the current government. "If you came from back home and sat in my lobby, I would talk to you without exception, regardless of the financial contributions".
"We had a hierarchy in my office in Congress", Mulvaney said at an American Bankers Association conference in Washington, D.C., according to the New York Times. She demanded more information on the Bureau's Payday Rule, its recent data collection freeze, and approach to enforcement actions. On Tuesday, Mulvaney basically admitted to accepting bribes from lobbyists. He said this tactic was, "fundamental underpinnings of our representative democracy".
Defending Mulvaney's speech, OMB spokesman John Czwartacki said that Mulvaney's comments were being taken out of context.
Only meeting with lobbyists when they pay you money is a clear example of the political corruption that is commonplace in American politics.
"The evidence stinks to high heaven, but it's very hard to prove", Painter said of Mulvaney's case, adding that Mulvaney's admission makes him "morally unfit for public office".