Biden Administration Taps Former CFPB Director Richard Cordray to Oversee Federal Student Loans
Biden Administration Taps Former CFPB Director Richard Cordray to Oversee Federal Student Loans The Biden administration recently appointed former director of the Consumer Financial Protection Bureau (CFPB) Richard Cordray to lead the Education Department’s Office of...
NAFSA Sends Letter to Senate Leaders Expressing Support for OCC’s True Lender Rule
NAFSA Sends Letter to Senate Leaders Expressing Support for OCC’s True Lender Rule As the U.S. Senate prepares to consider a resolution introduced by Senators Chris Van Hollen (D-Md.) and Sherrod Brown (D-Ohio) that would overturn the Office of the Comptroller of the...
COVID-19 Checks Likely Drove Record Rise in Household Income
COVID-19 Checks Likely Drove Record Rise in Household Income In March 2021, household income rose at a record pace of 21.1 percent, the largest monthly increase since 1959. This is largely due to the federal stimulus payments amidst the COVID-19 pandemic, which...
