Democrats Seek Investigation Into Claims of Meddling at Consumer Bureau

Republicans, however, have long regarded the bureau’s design as unconstitutional. Mr. Trump’s first appointee to run the bureau, Mick Mulvaney, a former Republican congressman from South Carolina, added new levels of political appointees to oversee the bureau’s career staffers. He also took steps to weaken rules: One of his first priorities was to unwind a payday loan regulation, drafted under President Barack Obama, intended to sharply limit high-interest loans.

Article source: https://www.nytimes.com/2020/05/01/business/cfpb-payday-lending-democrats.html