Rep. Mick Mulvaney (R-South Carolina) has been selected by President-elect Donald Trump to serve as director of the Office of Management and Budget, Roll Call reported Friday.
Ryan McCrimmon writes Mulvaney is a founding member of the House Freedom Caucus and is in his third term in the lower chamber.
“Right now we are nearly $20 trillion in debt, but Mick is a very high-energy leader with deep convictions for how to responsibly manage our nation’s finances and save our country from drowning in red ink,” Trump said in a statement.
Mulvaney helped draft the “Cut, Cap and Balance” plan in 2011 that seeks to reduce budget deficit and previously served as owner-operator of one of the outlets of restaurant chain Salsarita’s Fresh Cantina, McCrimmon reports.
He is likely to help advance tax and healthcare reforms once confirmed by the Senate, Roll Call added.
Eric Beech also reports for Reuters that David Malpass, a senior adviser to Trump and former chief economist at investment bank Bear Stearns, was also considered for the OMB post.