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Articles tagged with: Mulvaney

AFR Statement: CFPB Needs a Champion of Consumers, Not an Employee of Mick Mulvaney
June 17, 2018 – 8:27 am

The President should have nominated someone with a commitment to that mission months ago, not waited until the last minute to reveal a nomination designed to keep Mick Mulvaney in charge. This nomination is a move to keep the CFPB hobbled and under the thumb of the payday lenders and Wall Street law breakers.

AFR Statement: Mulvaney Makes Common Cause With Payday Lenders to Delay Rule
May 31, 2018 – 6:06 pm

Mick Mulvaney has been doing the bidding of payday lenders for years, but putting the CFPB’s weight behind a joint legal motion with their lobbyists is a new low, even for him. Mulvaney is now openly making common cause with payday lenders to gut the CFPB’s common-sense protections for borrowers

AFR Statement: Wall Street Money Hits $719 Million in 2017, Headed Past $2 Billion in this Election Cycle
May 7, 2018 – 6:00 am

Wall Street pumped $719 million into the political process in 2017, a rate that puts it on pace to outstrip the record $2 billion it spent during the 2015-2016 campaign cycle, according to a new report by Americans for Financial Reform.

AFR Report: Wall Street Money in Washington in 2017
May 7, 2018 – 5:59 am

In the first twelve months of the 2017-18 election cycle, Wall Street banks and financial interests have reported spending $719 million to influence decision-making through campaign contributions and lobbying. That total works out to about $2.0 million a day. The financial sector is by far the largest source of campaign contributions in federal elections, and the third largest spender on lobbying

AFR Statement: Preserve Public Access to CFPB Complaint Database
May 1, 2018 – 11:49 am

Making the database public makes it more useful and more visible, which in turn makes it more likely to be used, and to provide more valuable information to the Bureau and the public about consumer financial services.

AFR Statement: Consumers Need CFPB Director Nominee, Not Mulvaney’s Pay-to-Play
April 25, 2018 – 11:20 am

Mick Mulvaney admits he favored lobbyists who gave him money as a lawmaker. He has no business running the CFPB, an agency devoted to the protection of consumers, not lobbyists.

AFR Release: Lawsuits Challenge Trump-Mulvaney Attempt to Take Over CFPB
January 12, 2018 – 4:26 pm

Americans for Financial Reform and the Center for Responsible Lending hosted a press call today with leading experts to discuss two ongoing lawsuits concerning the CFPB director and the administration’s attempts to destroy the CFPB’s independence.

AFR Statement: Trump Tweets Tough on Wall Street As Record Shows Opposite
December 8, 2017 – 2:13 pm

The notion that this administration is or will be tough on Wall Street doesn’t pass the laugh test, and that fact is evident in deeds, not tweets. Trump has put Goldman Sachs executives in the most senior positions in the government, and pushed for a giant tax cut for Wall Street.