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New Report Examines the Deconstruction of CFPB’s Debt Collection Rulemaking From the Cordray to Kraninger Era
Trump appointees Mick Mulvaney and Kathy Kraninger have reversed course on Richard Cordray’s drive for stronger consumer protections as the debt collection industry spent millions on lobbying.
PHEAA Refuses to Testify Before Congress On The Public Service Loan Forgiveness Program Despite Its Central Role As The Only Loan Servicer For The Program
Taking a page out of the President’s ‘never testify’ playbook, PHEAA doesn’t want to face the music about their terrible record of servicing student loans.
Allied Progress Presents CFPB Director Kraninger With the Most Annoying Sound in the World: Endless Phone Dings and Buzzes
Our new site TrumpSpam.org lets you email CFPB Director Kathy Kraninger a 10-hour long audio clip of smartphone alert dings. The goal: help Kraninger better appreciate how annoying it would be for millions of families to suddenly see their inboxes overwhelmed with messages from random debt companies (and possibly scammers) without prior permission.
CFPB Director Kraninger Just Gave Aide With Ties to Anti-LGBT Hate Group the Power to Give Businesses “Safe Harbor” from Equal Credit Opportunity Act
The so-called Compliance Assistance Sandbox (CAS) Policy appears to give Assistant Director Paul Watkins the authority to exempt businesses from liability for products and services that fall under certain consumer protection laws like the Equal Credit Opportunity Act, which prohibits lending discrimination.
New Report: DeVos Abandons Student Loan Borrowers After Servicers Spend Millions on Lobbying and Politics
Student loan servicers flood D.C. with cash, and DeVos hobbles borrower protections rather than holding servicers accountable.
Allied Progress Letter To Senate HELP Committee: Reject Eugene Scalia And His Irredeemable Anti-Worker Record
Scalia’s entire career as a corporate attorney has been dedicated to criticizing and litigating against the Labor Department’s mission to protect workers.
GAO Blasts DeVos’ ED for Not Implementing Fix for Student Loan Repayment Program Benefitting Teachers and Other Public Servants
The report sharply criticizes Sec. Betsy DeVos’ Department of Education for not implementing a 2018 congressional “fix.”
Eugene Scalia Spent Career Fighting Against the Labor Department’s Mission To Protect Workers’ Safety, Wages, Retirements, and Rights
President Trump is expected to nominate someone for the post who has stood against virtually every element of the DOL’s mission: corporate lawyer Eugene Scalia.
Trump’s nominee has a long history defending corporate America. He can’t be trusted to look out for American workers.
A federal appeals court rules that debt collectors cannot indirectly send legally required notices to consumers through hyperlinks in emails and text messages – which is exactly what the CFPB is trying to allow.