Give him money and he might talk to you

Unabashed corruption:

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 had 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.”

That’s a rewording of Bill Clinton’s corrupt take that money shouldn’t buy you influence but it should buy you access.

[Mulvaney] has frozen all new investigations and slowed down existing inquiries by requiring employees to produce detailed justifications. He also sharply restricted the bureau’s access to bank data, arguing that its investigations created online security risks. And he has scaled back efforts to go after payday lenders, auto lenders and other financial services companies accused of preying on the vulnerable.

Well the vulnerable don’t give him money, because they don’t have it to give, so fuck them, yeah?

In his remarks, Mr. Mulvaney also announced a series of moves intended to reduce the bureau’s power. The agency was championed by Senator Elizabeth Warren, Democrat of Massachusetts, and Richard Cordray, who served as the bureau’s director from its inception until last year.

Such moves include cutting public access to the bureau’s database of consumer complaints, which the agency had used to help guide its investigations.

The consumer bureau was created by the 2010 Dodd-Frank Law as a way to prevent banks and other financial companies from preying on vulnerable consumers. But the bureau has become a target of Republican lawmakers, who complain that it has unchecked power and is too aggressive in trying to punish financial firms.

“Too aggressive” for what? “Too aggressive” to turn a blind eye when financial firms and banks take on mountains of reckless debt until the economy collapses in a heap of rubble? They want that to happen again?

Sure they do, as long as some money whizzes walk away with billions.

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