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Consumer Financial Protection Bureau

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Student Debt: Marco Rubio Among Members Of Congress Who Owe Thousands On Their Loans

via Tyler Kingkade, The Huffington Post Even members of Congress are carrying student debt. Sen. Marco Rubio (R-Fla.) is $100,000 in the hole for student loans he took out in the 1990’s — and could owe as much as $250,000. The exact figure is unknown because members of Congress are allowed to report financial holdings … Continue reading

Bill Daley Resigning: Obama Chief Of Staff Stepping Down

via Jennifer Bendery and Zach Carter, The Huffington Post In a move that next to nobody in the White House saw coming, President Barack Obama announced Monday that William Daley is resigning as his chief of staff and being replaced by budget director Jacob Lew. “Last week, my chief of staff Bill Daley informed me … Continue reading

White House, Pushing Richard Cordray’s Nomination To CFPB, Cites Occupy Wall Street

via Sam Stein, The Huffington Post The Obama administration has been careful in its handling of the Occupy Wall Street movement, expressing sympathy with the sentiment behind it but never going so far as to formally endorse it. But on financial regulatory and consumer protection issues, there is a clear — and inviting — overlap … Continue reading

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