Note a quorum is present. We we will hear testimony from e department of education implementation of borrowed eventual. Pursuant to commingle 7c statements are limited to the chair and Ranking Member. I want to thank secretary devos of being with us today and thank her for a green to hold enough time in the schedule all of the members present to have amendments confinements of questions pursuant to house rules. Especially thankful because this cheer im exercise my prerogative to go last in question order so it she were to leave early i wouldnt get to ask questions. I want to thank you for agreeing to stay with us for the fulltime. I recognize myself enough for the purpose of making an opening statement. We are here to examine the department of educations implementation of the borrower defense rule. I want to thank you, madam secretary, for appearing before the committee to discuss this important issue. Borrower defense is a rule grounded in basic fairness. Student borrowers who are def
Today we receive testimony from director kathy grandeur, on october seven the issued its semi annual report, which outlined the bureau significant work between october two those 18 and russia thousand 19 including rule makings and supervisor activities. Mr. Crapo it also provides insight into what the cfpb plans to undertake in the work period. Since stepping into her role last december, director kraninger has demonstrated a commitment to making sure americans have access to a wide range of products and services to meet their needs, fostering innovation and vigorously protecting consumers. Reflecting miss, the director conducted a Cross Country listening to her with stakeholders during her first months on the job, the directors conversations with consumers industry and federal regulators have improved engagement, and formed their supervision and regulatory processes and improved Agency Transparency and in the semi annual report, the director also highlighted that they have taken steps
Today we receive testimony from director kathy grandeur, on october seven the issued its semi annual report, which outlined the bureau significant work between october two those 18 and russia thousand 19 including rule makings and supervisor activities. Mr. Crapo it also provides insight into what the cfpb plans to undertake in the work period. Since stepping into her role last december, director kraninger has demonstrated a commitment to making sure americans have access to a wide range of products and services to meet their needs, fostering innovation and vigorously protecting consumers. Reflecting miss, the director conducted a Cross Country listening to her with stakeholders during her first months on the job, the directors conversations with consumers industry and federal regulators have improved engagement, and formed their supervision and regulatory processes and improved Agency Transparency and in the semi annual report, the director also highlighted that they have taken steps
Live friday at 8 30 p. M. Eastern on cspan. Listen wherever you are using the free cspan radio app. Towelcome Kimberly Leonard her desk. I want to start with the news that the obama care premiums are set to fail. The Trump Administration has taken so many actions that sabotage the law. Premiums are going down for midlevel plans by about 4 next year. Know that more Health Insurers are entering the marketplace, and we know it is happening because of a variety of factors, one of which has to do with the Trump Administration authorizing funnelsnce, which federal funds to states so they can use those dollars to help them lower premiums. That helps lower the premiums across the board. Hill, arday on capitol hearing about obamacare, about the Affordable Care act. It sabotaged the trumpet ministrations attack on health care. You explain what the democrats in charge of that hearing were pointing to . The democrats have been very focused to really bring forth obamacare, the Affordable Care act,
2019 annual report which outlines the bureaus significant work between october 2018, and march 2019, including rulemakings and supervisor and its regulatory activities. The report also provides insight into what the cfpb plans to undertake in the coming work. Go. Since the into her role last november Kathleen Kraninger demonstrated a commitment to ensuring consumers have access to a wide range of Financial Products and services that meet individual needs, fostering innovation and vigorously protecting consumers. Reflecting this commitment to the cfpbs mission Kathleen Kraninger conducted an extensive Cross Country listening tour with a spectrum of cfpb stakeholders during her first month on the job. Kathleen kraningers conversations with consumers, industry and federal and state regulators have improved cfpb engagements, informed their supervision and regulatory processes and improved agency transparency. In the semiannual report director Kathleen Kraninger highlighted the cfpb has tak