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Mulvaney faces backlash over moving student loan investigation division
The Hill: Mick Mulvaney, who President Trump picked to lead the Consumer Financial Protection Bureau (CFPB), is getting slammed for announcing Wednesday he's folding the agency's student lending office, which handles investigations of abuse, into its education office.
In a memo to CFPB staff, Mulvaney said the office of “Students & Young Consumers” within the Consumer Education and Engagement Division will be folded into the office of Financial Education.
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