The Department of Education (ED) has apparently declined a request by 39 members of Congress to reinstate the Memoranda of Understanding (MOUs) between ED and the CFPB. ...more
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray has responded to the letter from the Department of Education (ED) terminating the Memoranda of Understanding (MOUs) between the agencies....more
The Department of Education (ED) recently delivered a letter to the Consumer Financial Protection Bureau (CFPB) providing notice of its intent to terminate the Memoranda of Understanding (MOUs) between the agencies. The...more
9/6/2017
/ Administrative Authority ,
Clery Act ,
Consumer Complaint Management ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Education ,
Federal Student Aid ,
Federal Student Loans ,
Financial Services Industry ,
Information Sharing ,
Memorandum of Understanding ,
Military Service Members ,
Regulatory Oversight ,
Split of Authority
Eighteen states and the District of Columbia have filed suit against Secretary of Education Betsy DeVos seeking an injunction of the Department of Education’s indefinite postponement of the Obama Administration’s Borrower...more
7/20/2017
/ Administrative Procedure Act ,
Borrower Defense Rule ,
Department of Education ,
Disclosure Requirements ,
Educational Institutions ,
Financial Regulatory Reform ,
Gainful Employment ,
Injunctions ,
Obama Administration ,
Secretary of Education ,
Student Loans