Anonymous ID: a84d89 Aug. 27, 2018, 10:51 a.m. No.2755604   🗄️.is 🔗kun

Top student loan official at consumer agency quits over Trump policies

By MICHAEL STRATFORD 08/27/2018 12:04 PM EDT

 

The top official overseeing student loans at the CFPB resigned on Monday over Trump administration policies that he said were harming students and families.

 

Seth Frotman, the student loan ombudsman at the Consumer Financial Protection Bureau, said in a letter to acting Director Mick Mulvaney that political leadership at the consumer bureau over the past 10 months had repeatedly undermined efforts by career employees to take action against abuses by student loan companies and for-profit colleges.

 

“It is clear that current leadership of the Bureau has abandoned its duty to fairly and robustly enforce the law,” Frotman wrote in the letter, which was obtained by POLITICO. “The Bureau’s new political leadership has repeatedly undercut and undermined career CFPB staff working to secure relief for consumers.”