, 3 tweets, 3 min read Read on Twitter
So excited to introduce the CFPB Student Loan Integrity & Transparency Act with my friends & colleagues @RepBonamici, @SenatorTomUdall, @SenWarren, & @SenSherrodBrown. We worked really hard on this bill to protect student borrowers from predatory lenders. porter.house.gov/media/press-re…
The bill requires @usedgov to work with @CFPB’s student loan ombudsman - the top official serving as an internal advocate for students struggling to repay loans - to supervise lenders & mandates that the office always be staffed, which means no more partisan staffing cuts.
This is why we need the CFPB Student Loan Integrity & Transparency Act. We can’t police lenders trying to cheat students if we can’t see what they’re doing, and @usedgov under @BetsyDeVosED is ordering lenders to refuse to share info with regulators. politico.com/story/2019/05/…
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