H.R.2833 - CFPB Student Loan Integrity and Transparency Act of 2019116th Congress (2019-2020)
|Sponsor:||Rep. Porter, Katie [D-CA-45] (Introduced 05/17/2019)|
|Committees:||House - Education and Labor; Financial Services|
|Latest Action:||House - 05/17/2019 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. (All Actions)|
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Summary: H.R.2833 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (05/17/2019)
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.