Equifax: Mulvaney’s Cash Machine

Our friends at Allied Progress with more on Mick Mulvaney and his tendency to let bad actors (who also happen to be campaign donors) get away with harming consumers:

“It is deeply disturbing though not surprising that Mick Mulvaney has decided to reverse course and go soft on Equifax – a company that failed to protect the personal financial data of millions of Americans. For anyone who has watched Mulvaney in the months since Trump installed him as ‘acting director,’ it will come as no surprise that Equifax showered Mulvaney with thousands of dollars in campaign contributions. This has become par for the course at Mulvaney’s CFPB. If you’ve given him massive campaign contributions, you should expect special treatment. If you’re just a consumer looking for help dealing with a major financial institution that has screwed you over, you’re out of luck,” said Karl Frisch, executive director of Allied Progress.

Mulvaney has taken at least $5,000 in campaign cash from Equifax Inc.’s political action committee (PAC). He also received $6,000 from the PAC of Experian, another credit reporting bureau. [Equifax Inc. Political Action Committee to Mulvaney for Congress, Federal Election Commission, Accessed 02/05/18; Experian North America, Inc. Political Action Committee to Mulvaney for Congress, Federal Election Commission, accessed 02/05/18.]

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