H.R. 7729 · 117th Congress · House

CFPB Student Loan Integrity and Transparency Act of 2022

Active· Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently de…
Introduced
May 11, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

CFPB Student Loan Integrity and Transparency Act of 2022

This bill requires the Department of Education (ED) to provide information related to student loans to the Consumer Financial Protection Bureau (CFPB).

The bill prohibits ED from entering into an agreement with a contractor or vendor that services student loans unless the contractor or vendor agrees to provide requested information to the CFPB.

It also requires the CFPB to maintain adequate staffing levels to carry out its duties.

Action Timeline

4
  1. MAY 11, 2022•IntroReferral

    Introduced in House

  2. MAY 11, 2022•IntroReferral

    Introduced in House

  3. MAY 11, 2022•IntroReferral

    Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. MAY 11, 2022•IntroReferral

    Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committees

2

Financial Services Committee

hsba00

Referred: May 11, 2022

Active

Education and Workforce Committee

hsed00

Referred: May 11, 2022

Active