Mulvaney gave pay raises to political appointees at consumer protection agency
Source: The Hill
Consumer Financial Protection Bureau (CFPB) director Mick Mulvaney gave major pay raises to political appointees he hired at the agency, according to multiple media reports.
Four of the political appointees are making $259,500 and another staffer is earning $239,595. The salaries far exceed those made by even the highest-ranking government staffers, including members of Congress and Cabinet secretaries, according to The Associated Press.
Federal government employees can make up to $134,776, not including adjustments made for cities with high costs of living like D.C.
CFPB staffers operate under the Federal Reserves pay scale, which caps salaries at $250,000.
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Read more: http://thehill.com/policy/finance/381903-mulvaney-gave-pay-raises-to-political-appointees-at-consumer-protection-agency
Eugene
(61,896 posts)In any other administration, this would be a major scandal. In Trump World, this is just a day the ends in Y.
Blue_Tires
(55,445 posts)what life would be like under a Hillary administration, Trump has been a hundred times worse and that's only the shit we know about...
Red Mountain
(1,733 posts)in a theoretical way by making it blatantly, obviously clear to his halfwit supporters how you can work this thing to reward your buddies.
The followup and swamp draining is up to us.
And the prosecutions and stuff.
You know.....the actual work of running a functioning Democracy.
YOHABLO
(7,358 posts)Yo_Mama_Been_Loggin
(107,986 posts)I tell you I'm shocked.
turbinetree
(24,701 posts)fucking no where............................
November 2018 cannot get here fast enough
Marcuse
(7,482 posts)Rene
(1,183 posts)mahatmakanejeeves
(57,446 posts)Retweeted by David Fahrenthold: https://twitter.com/Fahrenthold
Salary records obtained by The Associated Press show 5 out of 8 of @CFPBDirector's deputies are making $240,000 a year or more.
Link to tweet
By KEN SWEET
Yesterday
NEW YORK (AP) Mick Mulvaney, President Donald Trumps appointee to oversee the Consumer Financial Protection Bureau, has given big pay raises to the deputies he has hired to help him run the bureau, according to salary records obtained by The Associated Press.
Mulvaney has hired at least eight political appointees since he took over the bureau in late November. Four of them are making $259,500 a year and one is making $239,595. That is more than the salaries of members of Congress, cabinet secretaries, and nearly all federal judges apart from those who sit on the Supreme Court. ... The salary records came as part of a records request submitted by the AP earlier this year.
While most of the federal government follows a universal pay scale, some government agencies and departments have gotten waivers to use their own separate pay scales. One of those agencies is the Federal Reserve, the nations central bank. Since the CFPB is technically part of the Federal Reserve, its employees get paid at a higher scale than their general government counterparts.
The top salary under the general federal government pay scale is $134,776, not including adjustments for the higher cost of living in areas like New York City or Washington, D.C., according to the Office of Personnel Management. The top pay bracket for a Federal Reserve employee is $250,000.
____
Ken Sweet covers banks, the Consumer Financial Protection Bureau and other financial topics for The Associated Press. Follow him on Twitter at @kensweet.
DeminPennswoods
(15,286 posts)nt