For Immediate Release: May 5, 2021 Press Contacts: NCLC: Jan Kruse (jkruse@nclc.org) AFR: Carter Dougherty (carter@ourfinancialsecurity.org) CRL: Matthew Kravitz (matthew.kravitz@responsiblelending.org) CFA: Rachel Gittleman (rgittleman@consumerfed.org) Washington, DC –  Advocates welcomed reports that Treasury Secretary Janet Yellen plans to appoint a new acting head of the Office of the Comptroller of the Currency (OCC), replacing Blake Paulson,  [...]

FOR IMMEDIATE RELEASE: March 8, 2021 Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Student Borrower Protection Center: Walter Suskind (walter@protectborrowers.org) Just 32 Students Have Received Promised Debt Cancellation as 2 Million Remain Trapped in Decades-Old Debts; Advocates Call for Immediate Action to Deliver Debt Relief and Overhaul the Department’s Program Washington, D.C. – Approximately [...]

New stimulus checks, broadband access and rental aid welcome, but foreclosure and student loan relief absent WASHINGTON, DC – Advocates welcomed the new stimulus bill passed by Congress last night, but warned that it has critical gaps that should be immediately filled by the incoming Biden Administration. “The new $600 stimulus payment, broadband aid, low-income [...]

FOR IMMEDIATE RELEASE: JUNE 25, 2020 Media Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Center for Responsible Lending: Matthew Kravitz (matthew.kravitz@responsiblelending.org) Americans for Financial Reform Education Fund: Diop Harris (diop@ourfinancialsecurity.org) Washington, D.C. – Consumer advocates criticized the Federal Deposit Insurance Corp. (FDIC) for today finalizing a rule that encourages online non-bank lenders to launder [...]

FOR IMMEDIATE RELEASE: MAY 15, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org  Washington, D.C. - Today, the U.S. House passed a $3 trillion dollar package in response to the COVID-19 crisis. In the consumer area, the bill provides desperately needed help for families dealing with the economic crisis, beyond the modest start in [...]

FOR IMMEDIATE RELEASE: January 16, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Abby Shafroth (ashafroth@nclc.org), (617) 542-8010 Boston – Today, National Consumer Law Center advocates applauded the U.S. House of Representatives’ use of the Congressional Review Act to overturn the 2019 Borrower Defense to Repayment rule issued by the U.S. Department of [...]

FOR IMMEDIATE RELEASE: December 4, 2019 National Consumer Law Center contacts: Chi Chi Wu (cwu@nclc.org) or Jan Kruse (jkruse@nclc.org); (617) 542-8010 Boston - Yesterday, the Federal Reserve Board, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, and National Credit Union Administration released an Interagency Statement on the Use [...]