Trump says picks Mulvaney to be White House budget director

Published 12/17/2016, 09:03 AM
© Reuters. U.S. President-elect Donald Trump speaks during a USA Thank You Tour event in Orlando, Florida
BA
-

By Steve Holland

WEST PALM BEACH, Fla. (Reuters) - President-elect Donald Trump said on Saturday he has chosen U.S. Representative Mick Mulvaney of South Carolina to be his White House budget director, turning to a fiscal conservative to help pursue his policy agenda.

The nomination to be director of the White House Office of Budget and Management will require Senate confirmation. The announcement was made as Trump, who takes office on Jan. 20, began his holiday vacation at Mar-a-Lago, his oceanfront club in nearby Palm Beach, Florida.

Mulvaney, 49, was an outspoken critic of former House of Representatives Speaker John Boehner, who resigned in 2015 amid opposition from fellow Republicans who were members of the House Freedom Caucus.

Mulvaney's selection points to a strategy by Trump to cut government where he can. The president-elect in recent days has, for example, railed against what he has labeled a far too expensive new version of the Air Force One aircraft he will fly that Boeing (NYSE:BA) is supposed to build.

In a statement announcing his selection, Trump called Mulvaney a strong voice in Congress for "reining in out-of-control spending, fighting government waste and enacting tax policies that will allow working Americans to thrive."

"With Mick at the head of OMB, my administration is going to make smart choices about America’s budget, bring new accountability to our federal government, and renew the American taxpayer’s trust in how their money is spent," Trump said.

Mulvaney said the Trump administration "will restore budgetary and fiscal sanity back in Washington".

"Each day, families across our nation make disciplined choices about how to spend their hard-earned money, and the federal government should exercise the same discretion that hard-working Americans do every day," Mulvaney said.

Trump on Friday night vowed to seek approval from Congress to spend $1 trillion in new spending to rebuild America's crumbling network of roads, bridges, airports and other infrastructure as a way to create jobs and make some needed repairs.

"We are going to fix our country. It’s time. We have no choice. It's time," Trump said in Orlando, Florida.

Democratic President Barack Obama had sought infrastructure spending but was thwarted by Republicans in Congress.

© Reuters. U.S. President-elect Donald Trump speaks during a USA Thank You Tour event in Orlando, Florida

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.