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Re: mash those nuts

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A top federal official in charge of handling complaints about student loans stepped down on Monday, blasting the Trump administration for protecting predatory lenders at the expense of borrowers.

Seth Frotman, the student loan ombudsman at the Consumer Financial Protection Bureau, said in his resignation letter that millions of borrowers had been harmed by “sweeping changes” at the bureau under Mick Mulvaney, President Trump’s budget director, who became the bureau’s acting director in November.

“You have used the bureau to serve the wishes of the most powerful financial companies in America,” Mr. Frotman wrote to Mr. Mulvaney. “The current leadership of the bureau has abandoned its duty to fairly and robustly enforce the law.”

In his letter, Mr. Frotman accused Mr. Mulvaney and his top lieutenants of undermining the bureau’s career staff and interfering with their efforts to oversee student lenders. Last year, Mr. Mulvaney’s team suppressed the publication of a report drawing attention to legally questionable fees charged on college students’ bank accounts, Mr. Frotman said.

Three months ago, Mr. Mulvaney folded the ombudsman’s office into the bureau’s consumer information unit, removing some of its independence.

Mr. Frotman is not the only federal student lending official to leave after clashing with the Trump administration. The Education Department, which manages the government’s $1.4 trillion portfolio of federal student loans owed by nearly 43 million borrowers, lost its top student aid executive last year. James Runcie, the head of the agency’s Federal Student Aid office, quit over what he said was political interference with his unit’s work.

***

They're handing over everything in the country to predatory businesses
just as fast as they possibly can.

.

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Re: Which Ethics Situation Will Sink Him First? "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-07-26 14:46 -0700
  Re: Which Ethics Situation Will Sink Him First? "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-07-27 11:14 -0700
    Re: Which Ethics Situation Will Sink Him First? "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-07-31 13:56 -0700
      Re: Which Ethics Situation Will Sink Him First? "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-06 15:09 -0700
        Re: Which Ethics Situation Will Sink Him First? "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-16 09:50 -0700
          Re: Which Ethics Situation Will Sink Him First? "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-16 10:08 -0700
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              sos to the known world feewilly <allreadydun@gmail.com> - 2018-08-16 20:47 -0700
                Re: sos to the known world feewilly <allreadydun@gmail.com> - 2018-08-17 07:47 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-18 18:06 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-21 10:58 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-21 11:04 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-21 11:10 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-21 11:14 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-22 10:22 -0700
                Re: sos to the known world "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-23 12:45 -0700
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                Re: mash those nuts "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-08-27 16:42 -0700
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                Re: thanx jesus "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-09-01 13:42 -0700
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                Re: thanx jesus "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-09-01 14:32 -0700
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                Re: it's all over baby huey "Jeremy H. Donovan" <jeremyhdonovan@gmail.com> - 2018-09-04 11:07 -0700
                Re: it's all over baby huey "Jeremy H. Donovan" <jeremyhdonovan@gmail.com> - 2018-09-04 11:13 -0700
                Re: thanx judas slider <slider@anashram.com> - 2018-09-02 06:44 +0100
                Re: thanx judas "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-09-03 11:03 -0700
                Re: thanx judas "Jeremy H. Denisovan" <david.j.worrell@gmail.com> - 2018-09-03 11:13 -0700
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                Re: beat it "Jeremy H. Donovan" <jeremyhdonovan@gmail.com> - 2018-09-03 12:13 -0700
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