Trump Conflict Of Interest: CFPB Pick Mulvaney Linked To Lobbyist For Bank Facing Possible CFPB Sanctions

Trump is trying to install former lawmaker and White House budget director Mick Mulvaney to head the CFPB, after the resignation of its former chief, Obama appointee Richard Cordray. Federal recordsshow Mulvaney’s longtime staffer is Natalee Binkholder, who left Mulvaney’s office to work as a top lobbyist for Santander – a major bank.

The records show Binkholder worked for Mulvaney from 2011 to 2017, ultimately serving as his chief of staff in the U.S. House.Federal records show that in representing Santander in 2017, Binkholder has lobbied on a congressional bill to kill a CFPB rule designed to prevent financial firms from forcing customers to waive their rights to join class action lawsuits.

http://www.ibtimes.com/political-capital/trump-conflict-interest-cfpb-pick-mulvaney-linked-lobbyist-bank-facing-possible

Sharing is caring!

Leave a Reply