Technically, Pat Mulloy is the Senate Banking Committee's chief international counsel. But for a handful of big banks, no staffer is more important to their domestic aspirations.
In addition to international issues, Mr. Mulloy is the aide guiding interstate branching through the Senate. That duplicates a role he played in 1991, when interstate branching was considered part of a broader effort to overhaul the financial services industry.
Although the interstate bill was tightly focused at least for a banking bill it was tangled up with a number of unrelated issues, chief among them the treatment of foreign banks.
Mr. Mulloy handled those issues too, and people who dealt with him came away shaking their heads at his stubborn insistence on including foreign banks in the bill.
He began his working life in the foreign service, doing a tour of duty in Canada before moving on to Harvard University where he earned a master's degree in international law. He began working on the Hill as an American Political Science Association fellow, and accepted an offer from Sen. William Proxmire, D-Wis., to work for the Senate Banking Committee Democrats in 1984.
Mr. Mulloy stayed on when Sen. Donald W. Riegle, D-Mich., took control of the banking committee from Sen. Proxmire, and he is widely expected to remain when power shifts again next year, presumably to Sen. Paul Sarbanes, the heir apparent.
What he likes about the Hill "is the chance to work with members [of Congress], without a lot of bureaucracy."
With Democrats back in power, Mr. Mulloy had an opportunity to help shape policy this year on a higher level. He was pan of the transition team that worked on banking issues and recommended interstate branching as a key legislative goal."
Chief international counsel
Senate Banking Committee
534 Dirkson Senate Office Building
Washington D.C. 20510