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HR 7729 117th Congress House Education

CFPB Student Loan Integrity and Transparency Act of 2022

Introduced: May 11, 2022 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 11, 2022
Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 11, 2022
Introduced in House
 Plain-English summary Congressional Research Service

CFPB Student Loan Integrity and Transparency Act of 2022

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 May 11, 2022

Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Committees of jurisdiction 2
 Cosponsors 6
All 6 Democratic 6