This story appeared in Bank Digest.
Senators Elizabeth Warren (D-Mass), Richard Blumenthal (D-Conn), and Jeff Merkley (D-Ore) have sent a letter to Office of Management and Budget Director Mick Mulvaney, whom President Donald Trump has also appointed Consumer Financial Protection Bureau acting director, urging him to provide clarity on the rationale for his recent actions they said benefit payday lenders. These senators were among those who first wrote to Mulvaney on January 31 questioning his actions to benefit the payday industry. The senators said they were "disappointed" by Mulvaney's response to the original letter, which they said did not explain his actions but "raised questions about our motivations for standing up for consumers." The senators sent the January 31 letter to Mulvaney again and called on him to answer all their questions by no later than March 9, 2018.