Kraninger: Department of Education refusing to cooperate with CFPB

A central issue is that companies that manage student loans, known as student loan servicers, are refusing. Kraninger more directly demand that the Education Department change its guidance to loan.

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 protect.

Democratic senators and the Consumer Financial Protection Bureau (CFPB) are frequently at odds since Richard Cordray left as director. But they are joining together to ask the Department of Education to cooperate with state and federal regulators’ supervision and.

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The letter is a carefully worded response to senators’ questions, but Kraninger, a Trump administration appointee, is in essence saying that the CFPB is trying to do its job protecting student borrowers and supervising loan servicing companies, but the Education Department is getting in the way.

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But they are joining together to ask the Department of Education to cooperate with state and federal regulators’ supervision and enforcement requests for information related to student loans. CFPB Director Kathy Kraninger recently responded to a letter from Sen. Elizabeth Warren requesting more information on bureau oversight and the effects.

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 · 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.

But in court filings, the CFPB says the Education Department is refusing to authorize Navient to turn over. Navient’s lawyers say the company will not cooperate with federal investigators and.

 · NPR CFPB Chief Says Education Department Is Blocking Student Loan Oversight. The Consumer Financial Protection Bureau’s Kathy Kraninger says the department.

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 protect.

Home price increases speed up in third quarter, hit new peak RealScout raises $6 million for superior real estate searches Kraninger: Department of Education refusing to cooperate with CFPB But in essence, Kraninger is saying that the CFPB is trying to do its job. But she says the companies that manage student loans are not handing over information that the bureau needs to do supervision because, they say, the.

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