It’s about time…
Click here to read the complaint.
FOR IMMEDIATE RELEASE
April 30, 2018
CONTACT: Jordan Libowitz
202-408-5565 | firstname.lastname@example.org
Washington—Mick Mulvaney, the director of the Office of Management and Budget (OMB) and acting director of the Consumer Financial Protection Bureau (CFPB), should be investigated for misleading the Senate during his confirmation process and failing to pay debts lawfully owed by his company, according to a complaint filed today with the Senate Committee on the Budget and the inspector general of the Federal Reserve by Citizens for Responsibility and Ethics in Washington (CREW).
In his confirmation, Mulvaney represented that a foreclosure proceeding involving one of his investments was “uncontested,” but it appears that he knew that to be inaccurate. In addition, it appears that he violated his ethical obligations by taking complex, unusual, and potentially dishonest steps to avoid paying debts his company owed related to the property at issue in the foreclosure.
“As acting director of the CFPB, Mulvaney is expected to protect consumers from unfair, deceptive, or abusive practices and take action against companies that break the law,” CREW Executive Director Noah Bookbinder said. “His real estate dealings, and his apparent failure to come clean about them to the Senate, appear to be at odds with his legal and ethical requirements and run directly counter to the basic principles he is expected to uphold at the CFPB.”