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CFPB Director Kraninger to Testify Before Senate As Mystery Shrouds Her New Industry-Packed ‘Task Force’
Kraninger is keeping the public in the dark about her new ‘task force’ set up to pick apart consumer financial laws and recommend rollbacks to consumer protections.
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Trump Must Choose: Betsy DeVos or Student Borrowers?
Washington D.C. – Today the US Senate voted to disapprove of Education Secretary Betsy DeVos’ new “Borrower Defense” rule that would have left defrauded student borrowers struggling to pay illegitimate debts. On a vote of 53-42, Senate Joint Resolution 56 – and the fate of tens of thousands of defrauded borrowers – now moves to…
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Associates of Betsy DeVos’ Brother Caught Spying on Teachers’ Union, Now Congress Must Investigate
Allied Progress calls on the House Oversight Committee to conduct an immediate investigation into what DeVos knew and when did she know it.
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Trump Labor Secretary Scalia is M.I.A. as Frontline Healthcare Workers Ask His Help Combating the Coronavirus
Scalia must set aside his rigid anti-government ideology and immediately advance the Obama-era rule that would help protect frontline health care workers dealing with infectious outbreaks like the Coronavirus.
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Allied Progress Joins Consumer Advocates in Urging SCOTUS to Keep the CFPB Strong and Independent
Industries with an axe to grind against the CFPB are not credible voices to challenge its independence – or its very existence.
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Allied Progress Analysis: Betsy DeVos’ Family Has Given U.S. Senators Nearly $2 Million
These Senators soon face a choice: either vote to ensure defrauded student borrowers can be made whole — or rubberstamp the Trump administration’s scheme to protect the profits of crooked diploma mills.
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Allied Progress Statement on Leonard Chanin Becoming CFPB Acting Deputy Director
Chanin had a front row seat during the 2008 financial crisis as one of the financial regulators that let the economy go up in flames.
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ICYMI: Records Show DeVos Saved Discredited Accreditor After Explicit Request From Top For-Profit College Industry Lobbyist
DeVos is willing to give the for-profit college industry anything they ask for even if it leaves student borrowers more vulnerable to predatory behavior.
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DeVos to Defend Indefensible Budget That Kills Public Service Loan Forgiveness Program
Through 2018, DeVos’ Education Department approved less than 300 borrowers for public service loan forgiveness among nearly 40,000 applicants – an abysmal 99% rejection rate.
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Second-In-Command of Trump CFPB Spins Through Revolving Door Into Arms of Major Corporate Law Firm
Brian Johnson is cashing in and taking a plum K Street corporate gig after laying the groundwork for this moment for years.