CFPB Director Richard Cordray Monday made a personal appeal toPresident Trump to veto a congressional resolution nullifying the agency's arbitration rule.

“Many have told me I am wasting my time writing this letter –that your mind is made up and that your advisors already have madetheir intentions clear,” Cordray said in a letter to Trump.

The Senate last week approved a resolution that would nullifythe CFPB's rule, which would restrict the use of mandatoryarbitration agreements in financial contracts. The House hadalready passed the resolution.

Trump Administration officials have already signaled thepresident's intention to sign the resolution.

But in his letter, Cordray said the rule is simply aboutprotecting people who want to file suit “to right the wrongs doneto them.”

“You and I have never met or spoken, but I am aware that overthe course of your long career in business you often found itnecessary to go to court when you thought you were treatedunfairly,” Cordray said in the letter.

Cordray said he believes the president doesn't like to seeAmerican families, including veterans and service members, cheatedout of their money and that he alone has the power to safeguardtheir right to sue.