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retheauditors's profile
Francine McKenna
Francine McKenna
Francine McKenna
Verified account
@retheauditors

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Francine McKennaVerified account

@retheauditors

Independent journalist. CPA. Using tools instead of tools using me. 2X Loeb Award finalist. Former @marketwatch @forbes @amerbanker. Teach @KogodBiz she/her

Chgo (roots) DF (alma)
thedig.substack.com
Joined April 2008

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    Francine McKenna‏Verified account @retheauditors 24 Apr 2018

    I personally recorded Mulvaney today at #ABASummit and transcribed. Re: lobbyists and access- “We have hierarchy here 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. “ 1/2

    9:12 PM - 24 Apr 2018
    • 143 Retweets
    • 283 Likes
    • Safi Augustine Raphael Sharon David Fitzjohn Tim Whitman Laurie Shirazi msamor Latinos Matter Sarah Waites
    11 replies 143 retweets 283 likes
      1. New conversation
      2. Francine McKenna‏Verified account @retheauditors 24 Apr 2018

        “If you came from back home and sat in my lobby I talked to you without exception, regardless if financial contribution.  People coming from back home to tell people in Congress what their issues are is one of the fundamental underpinnings of our representative democracy. “

        1 reply 18 retweets 39 likes
        Show this thread
      3. Francine McKenna‏Verified account @retheauditors 24 Apr 2018

        That’s quite different than what some are implying. That’s why he calls it a hierarchy. Mulvaney saying he chose who to talk to based on whether you were a constituent first. Contributor maybe. General lobbyist dangling money never.

        4 replies 14 retweets 31 likes
        Show this thread
      4. Francine McKenna‏Verified account @retheauditors 24 Apr 2018

        Last minute of Mulvaney remarks are a non-partisan appeal to get involved in advocacy. “Thank you for getting involved in the process and I don’t even know what you’re going to tell them. And you may be completely on the other end of political ideology from me but I don’t care.”

        4 replies 8 retweets 20 likes
        Show this thread
      5. Francine McKenna‏Verified account @retheauditors 25 Apr 2018

        If you want to fret about what Mulvaney might do with his influence now I’d look instead about what he said about the CFPB enforcement docket.

        1 reply 2 retweets 11 likes
        Show this thread
      6. Francine McKenna‏Verified account @retheauditors 25 Apr 2018

        “We’ve got about 25 active lawsuits right now, active enforcement actions and I could dismiss every single one of them without giving an explanation tomorrow. I think that’s wrong…We’re not going to do regulation by enforcement. I don’t think it’s fair.“ (Applause)

        3 replies 3 retweets 6 likes
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      7. Francine McKenna‏Verified account @retheauditors 25 Apr 2018

        He was criticizing the way CFPB law is written-one of several examples he made- but professionally skeptical me thought he may be willing to take requests.

        1 reply 1 retweet 6 likes
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      8. Francine McKenna‏Verified account @retheauditors 25 Apr 2018

        Mulvaney not in Congress anymore. Arguably he can help bankers more in CFPB role. It reminded me of Blago. “This thing is golden.” The docket of CFPB enforcement actions is worth something now. Like when Cali cartel makes you witness a brutal murder. WFC is what can happen.

        4 replies 3 retweets 13 likes
        Show this thread
      9. Francine McKenna‏Verified account @retheauditors 25 Apr 2018

        Just a classic case of "You're nobody nobody sent" unless you're a constituent, then "We know you."

        1 reply 0 retweets 4 likes
        Show this thread
      10. Francine McKenna‏Verified account @retheauditors 25 Apr 2018

        La liggi pi’ l’amici s’interpreta, pi’ l’autri s’applica (For your friends, you interpret the law, for everyone else, you apply it.)

        0 replies 2 retweets 14 likes
        Show this thread
      11. End of conversation
      1. Luke‏ @Shivaekul 24 Apr 2018
        Replying to @retheauditors

        Thank you for sharing!!! That last part is important, good to have context.

        0 replies 0 retweets 3 likes
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