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AFR Statement: Consumers Need CFPB Director Nominee, Not Mulvaney’s Pay-to-Play

Submitted by on April 25, 2018 – 11:20 am

FOR IMMEDIATE RELEASE

April 25, 2018

CONTACT:

Carter Dougherty, carter@ourfinancialsecurity.org, (202) 251-6700

 

AFR Statement on Mulvaney Admission to Bank Lobby

Lisa Donner, executive director, Americans for Financial Reform:

“It is an absolute scandal that Mulvaney has been installed in the position of leading the Consumer Financial Protection Bureau. The harm that comes to the American public, because he does not want to take action against Wall Street banks and predatory lenders who abuse customers and break the law, grows each day. Mulvaney just said that his time as a member of Congress was for sale, and he’s taken money from the very companies he’s now supposed to be overseeing at CFPB. He should resign or be removed swiftly. The president needs to nominate a director with a track record of protecting consumers now, and submit it to the Senate for consideration.”

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