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The CEO is refusing to update Congress on implementation of the Public Service Loan Forgiveness program. WASHINGTON, DC — James H. Steeley, the President and CEO of the Pennsylvania Higher Education Assistance Agency (PHEAA) – the student loan servicer that oversees the troubled Public Service Loan Forgiveness (PSLF) program – is refusing to testify today before the House…
Nothing Scalia Said At His Hearing Laid to Rest Concerns Over His Extreme Anti-Worker Record and Corporate Conflicts of Interest
WASHINGTON, D.C. – At today’s Senate confirmation hearing for Trump Labor Secretary nominee Eugene Scalia, the long-time corporate lawyer failed to explain how his history of undermining the Labor Department’ mission, his extreme views on sexual harassment and safety at the workplace, and his numerous potential conflicts of interests with former clients — in any…
“Employees at the CFPB want answers after discovering a bureau official once worked for an antigay hate group”, The Advocate Reports
See must read September 18 story from The Advocate, ‘Is a Consumer Protection Exec Quietly Dismantling LGBTQ Protections?’ Reaction from Derek Martin, Director of Allied Progress: “When Director Kraninger was confronted with the fact that one her top aides used to conduct trainings for an anti-LGBT hate group, she didn’t fire Mr. Watkins or launch an investigation to…
Kathy Kraninger Announces She Won’t Defend Constitutionality Of Her Own Job WASHINGTON, D.C. – In response to news that the Trump Administration and CFPB Director Kathy Kraninger will no longer defend the constitutionality of the Bureau’s independent director, Allied Progress Director Derek Martin released the following statement: “After refusing to defend consumers from predatory lenders and debt collectors, Kraninger’s…
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.