Senate Democrats are pressing President Trump to nominate apermanent CFPB director, saying that designating Office ofManagement and Budget Director Mick Mulvaney to serve as interim directorendangers the independence of the agency.

In a related development, former agency Director Richard Cordrayon Tuesday announced his candidacy for the Democratic nominationfor Ohio governor.

Some 44 Senate Democrats signed the letter, saying that underCordray, the agency succeeded in providing $12 billion in relieffor more than 29 million people.

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