Kraninger: Department of Education refusing to cooperate with CFPB

A recent bill introduced in the US House of Representatives would require the CFPB to issue guidance on federal consumer financial laws, and also provide a framework for civil money penalties. H.R..

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The Department of Education stopped cooperating with CFPB on student loan enforcement last fall, and in March, the department issued guidance telling states to back off too. This story has been.

The Senate GOP Just Confirmed a Trump Aide with No Relevant Experience to Lead America's Financial Industry Watchdog. Kathy Kraninger's.

Kraninger: Department of Education refusing to cooperate with CFPB Posted on May 20, 2019 by admin The U.S. Department of Education has refused to cooperate with the Consumer Financial Protection Bureau, according to CFPB Director Kathy Kraninger.

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The U.S. Department of Education has refused to cooperate with the Consumer Financial Protection Bureau, according to CFPB Director Kathy Kraninger. Kraninger recently sent a letter to Sen. Elizabeth Warren, D-MA, in response to the senator’s questions about the bureau’s efforts to protect student loan borrowers through its oversight of student loan servicers.

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April 2019, CFPB Director Kraninger revealed, “student loan servicers have declined to produce information requested by the Bureau for supervisory examinations,”1 following the release of the ED guidance. We request that, to the extent your company is failing to cooperate with the CFPB,

Cortez Masto: Kathy Kraninger is Not the Right Person to Lead the Consumer Bureau  · Now, Kraninger, the administration’s hand-picked director for the bureau, is pointing the finger, albeit in a less dramatic way, at the Education Department for hindering efforts to.

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