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S. 720

CFPB Student Loan Integrity and Transparency Act of 2019

CFPB Student Loan Integrity and Transparency Act of 2019

This bill requires the Department of Education (ED) to provide information related to student loans to the Consumer Financial Protection Bureau (CFPB).

The bill prohibits ED from entering into an agreement with a contractor or vendor that services student loans unless the contractor or vendor agrees to provide requested information to the CFPB.

It also requires the CFPB to maintain adequate staffing levels to carry out its duties.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Udall, Tom [D-NM](D-NM)Sponsor
12 cosponsors12 D
12cosponsors1committees2actions1related bills9subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

CFPB Student Loan Integrity and Transparency Act of 2019 — Informed