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Mar 27, 2018 On Tuesday, 43 Democrats wrote to acting Consumer Financial Protection Bureau director Mick Mulvaney not to undo the agency's payday loan rules. After being appointed by President Trump, Mulvaney, who also is the director of the Office of Management and Budget, took the first step toward revising 

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The Alabama Senate has approved a payday lending reform that will give borrowers 30 days to pay back that rs on Thursday voted 20-4 for the ican Sen. Arthur Orr of Decatur Advocacy groups praised the passage of the legislation, saying the loans become a debt trap. Republican Sen.