Tag Archives: student loans

ABA, CBA Urge Education Department to Revisit Obama-Era Rule

As the Department of Education conducts the regulatory review mandated by President Trump, ABA and the Consumer Bankers Association yesterday urged the department to revisit the overly expansive final rule targeting campus bank accounts that the Obama administration finalized in October 2015.

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Fed Nominee Quarles ‘Fully Supports’ Tailored Regulation

During his confirmation hearing today, Randal Quarles -- President Trump’s nominee to serve as Federal Reserve vice chairman for supervision -- endorsed the concept of tailored supervision that ABA has done much to work into the policy conversation over the past several years.

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CFPB Spotlights Student Loan Complaints

Complaints about poor servicing practices account for 64 percent of all complaints about student loans, according to the Consumer Financial Protection Bureau’s periodic summary of consumer complaints today.

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