The CFPB released its sixth annual report to Congress on college credit card agreements, which departs from past reports in taking schools to task for failing to meet their obligation under the CARD Act to publicly disclose their college credit card marketing agreements (Consumer Finance Monitor).
Senator Elizabeth Warren accused acting CFPB Director Mick Mulvaney of undermining the agency’s oversight of the financial sector (The Hill).
Kirsten Mork, the House Financial Services Committee Staff Director, has been named CFPB Chief of Staff (Consumer Finance Monitor).