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S 720 116th Congress Senate Education Congressional oversight Consumer Financial Protection Bureau Consumer credit Executive agency funding and structure Government employee pay, benefits, personnel management Government information and archives Higher education Public contracts and procurement Student aid and college costs

CFPB Student Loan Integrity and Transparency Act of 2019

Introduced: March 7, 2019 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Mar 7, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now March 7, 2019

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

 Committees of jurisdiction 1