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Politiparty

118th Congress Finance and Financial Sector

H.R. 6692: Students and Young Consumers Empowerment Act

Introduced

  1. Introduced (completed)Dec 11, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Dec 11, 2023

This bill establishes the Office for Students and Young Consumers within the Consumer Financial Protection Bureau and eliminates the position of Private Education Loan Ombudsman. (Currently, the Private Education Loan Ombudsman provides assistance to borrowers of private education loans.)

The Office for Students and Young Consumers must provide assistance to borrowers of private or federal student loans and enter into an information-sharing agreement with the Department of Education. The office must also report annually regarding campus banking and the student loan marketplace.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

2

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Other bills by Suzanne Bonamici

History

  1. Dec 11, 2023Introduced in the House by Suzanne Bonamici.
Show the full action history (2 actions)
  1. Dec 11, 2023Introduced in House
  2. Dec 11, 2023Referred to the Committee on Education and the Workforce, 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.