Mick Mulvaney, director of the Office of Management and Budget and interim director of the Consumer Financial Protection Bureau, has been at odds with government bureaucrats and the mainstream media.
Mulvaney is often blamed for scaling back much of Dodd-Frank provisions and allegedly leaving American consumers exposed to manipulation by Big Banks, per criticism from the media and the likes of progressive Sen. Elizabeth Warren (D-Mass.).
Mulvaney’s latest comments to an audience at the American Bankers Association conference were taken out of context and outrage ensued. The media accused Mulvaney of selling face-to-face meeting time to lobbyists who paid him and that Mulvaney was truly a “swamp monster” (or a federal bureaucrat who operated by Washington, D.C., inside-the-beltway rules).
However, the media took his comments out of context. Here is what Mulvaney actually told his audience:
“We had a hierarchy in my office in Congress…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….”
“If you came from back home and sat in my lobby, I talked to you without exception, regardless of the financial contributions.”
His quote indicated he prioritized his constituents, not lobbyists or other outside organizations. But the Washington Post, New York Times and the Los Angeles Times disparaged him and his out-of-context quote.