September 19, 2018

American Banker: CFPB chief's meeting with GOP donors may be illegal, Warren says

Sen. Elizabeth Warren, D-Mass., has raised ethical questions about a recent private meeting where acting Consumer Financial Protection Bureau Director Mick Mulvaney reportedly discussed the midterm elections with Republican donors and party officials. 

Warren said Mulvaney's appearance at the closed-door event in New York City on Sept. 8 could violate the Hatch Act, which prohibits executive-branch officials — with some exceptions — from engaging in certain forms of political activity.

At the event, Mulvaney and Republican National Committee Chairwoman Ronna McDaniel reportedly discussed GOP challenges in the midterms, including voter antagonism toward President Trump, and mentioned the prospect of Sen, Ted Cruz, R-Texas, possibly losing his re-election bid.

Read the full article on American Banker's website here.

By:  Kate Berry
Source: American Banker