WASHINGTON—House Speaker Paul Ryan (R-WI) issued the following statement commending President-elect Donald Trump’s selection of Congressman Mick Mulvaney (R-SC) to serve as Director of the Office of Management and Budget:

“Mick Mulvaney is the absolute right choice. In Congress, he has been a conservative reformer from day one, proposing solutions to fix the budget process and our regulatory system. At OMB, he will lead the work he has started to improve the way government does the people's business. Mick is someone I have come to greatly respect and rely on, going back to our time serving together on the Budget Committee. I look forward to working with Mick in his new role, and I commend President-elect Trump on this excellent selection.”