Jones calls for investigation into repeal of federal payday lending rule
Wednesday, U.S. Senator Doug Jones (D-Alabama) sent a letter calling for Federal Reserve Board Inspector General Mark Bialek to open an investigation into the Consumer Financial Protection Bureau’s (CFPB) repeal of the Payday, Vehicle Title, and Certain High-Cost Installment Loans Rule (Payday Rule). Senator Jones was joined in the letter by Senators Sherrod Brown (D-Ohio), … Continued