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The Hechinger Report on MSNStudent loan borrowers misled by colleges were about to get relief. Trump fired people poised to helpStudent loan borrowers who said their lenders overcharged them were days away from getting help when the Trump administration fired the federal workers who were set to step in. The workers, from the Consumer Financial Protection Bureau,
Trump's decision to stop work at the agency appears to have halted compensation, according to the Student Borrower Protection Center in Washington.
The Consumer Financial Protection Bureau (CFPB) is a federal agency that, up until a few weeks ago, policed some of the largest and most powerful financial and
The Consumer Financial Protection Bureau abruptly dropped cases on Thursday against Capital One, Rocket Homes and a student loan servicer, according to court filings.The moves come as Jonathan McKernan,
Delinquency rates soar
The U.S. Consumer Financial Protection Bureau on Thursday dropped a series of ... It also on Thursday dismissed a lawsuit brought last year against the student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), accused of illegally ...
I advocated for its creation, and I’m defending it now as the Trump administration has brought its operations to a halt.
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
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