Washington — Sen. Elizabeth Warren (D-ma) blasted the chief of the Consumer Financial Protection Bureau for appointing a high-ranking official from a scandal-plagued loan servicer to be the Bureau’s new student-loan watchdog.
On Monday, Warren’s office released three fiery letters the senator had sent to Trump-nominated Cfpb Director Kathy Kraninger, Treasury Secretary Steven Mnuchin, and Robert Cameron, the man picked to serve as the Cfpb’s new student-loan ombudsman. The ombudsman position was created to give student borrowers an outlet for filing complaints about their private lenders and getting help to resolve their disputes.
On Monday, Warren’s office released three fiery letters the senator had sent to Trump-nominated Cfpb Director Kathy Kraninger, Treasury Secretary Steven Mnuchin, and Robert Cameron, the man picked to serve as the Cfpb’s new student-loan ombudsman. The ombudsman position was created to give student borrowers an outlet for filing complaints about their private lenders and getting help to resolve their disputes.
- 8/26/2019
- by Andy Kroll
- Rollingstone.com
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