Showing the Latest Press Release Results
Not Again…Trump CFPB Official Leading Effort to Gut Debt Collection Rules to “Kick Off” Another Ritzy Debt Industry Conference
The amount of face-time industry executives get with Trump’s CFPB officials is extraordinary.
Facing Legal Trouble, DeVos’ ED Promises Judge “Better Oversight” of Student Loan Servicers … Despite Record Protecting the Industry at Every Turn
Washington D.C. – Struggling student borrowers got their answer to what it would take for Trump Education Secretary Betsy DeVos to finally acknowledge bad behavior in the student loan servicing industry. Turns out it’s the prospect of being held in contempt of court and even serving jail time, which arose this week after DeVos defied…
Speaker Pelosi, Chairwoman Waters Do What CFPB Director Kraninger Won’t: Fight for a Strong, Independent Bureau
Kraninger may be in the tank for Trump and his payday lending friends, but we need a future CFPB Director who is willing to stand up for consumers.
Payday Lenders Host High-Dollar Trump Fundraiser Featuring VP Mike Pence, The Latest ‘Thank You’ to Trump for Gutting Payday Protections
Trump’s CFPB Has Already Saved the Payday Industry Over $900 Million By Pushing More Consumers into the Payday Debt Trap WASHINGTON, D.C. – Executives from payday lending companies Advance Financial and Cash Express are among the top sponsors for a mega-dollar fundraiser for the Trump reelection campaign in Nashville, TN today. Tickets are going for as much as $100,000 for…
CFPB Director Kraninger Appoints Banker Once Dubbed the “New Face Of The Housing Crisis” to Her Advisory Board
The Director ought to seek counsel from people interested in ensuring fairness and transparency in the home-lending market, not a Wall Street banker who got rich pushing risky mortgages.
Backlog of Student Loan Borrower Defense Claims Soars to 210K as DeVos Education Department has Not “Approved or Denied Any Claim in More Than a Year.”
Allied Progress director Derek Martin reacts to news that the Trump-DeVos Department of Education hasn’t processed a single loan forgiveness claim in over a year: “It must be easy for Betsy DeVos to sleep in her mansion each night regardless of whether she does her job, but the millions of people she’s failed by not…
DeVos’ Education Department Second Least Popular Federal Agency … Next to ICE
See October 2 Education Week story, ‘The Education Department Is a Little More Popular Than ICE, New Survey Finds’; reaction from Derek Martin, Director of consumer watchdog group Allied Progress: “Does Betsy DeVos even care the public is only slightly less put off by her department than the agency that puts kids in cages? If the Secretary…
GOP-Led Senate to Working People: “You’re On Your Own”
Workers deserve someone dedicated to helping them reach the middle class. Instead, new Secretary of Labor Eugene Scalia is someone who has to constantly worry about offending an old corporate client.
Congress Considers Stronger Consumer Protections From Debt Industry Abuse As the Trump CFPB Lays Down on the Job
The Trump CFPB is leaving families move vulnerable from ruthless debt collectors and scammers, period.
As Juul Labs Comes Under Criminal Probe, Trump Labor Secretary Nominee Eugene Scalia Should Explain His Legal Work Arguing Safeguards For the E-Cigarette Industry Could “Endanger Public Health”
Scalia has an obligation to tell prosecutors and the American people how he helped the company in their battle against health and safety advocates.