Elizabeth Warren Slams Student Loan Watchdog Hire As 'Outrageous'
Robert Cameron was a top lawyer for one of the country's largest student loan servicers. In documents obtained by NPR, Warren called his appointment a "slap in the face to student loan borrowers."
The federal Consumer Financial Protection Bureau (CFPB) has a new student loan watchdog, and his appointment is raising questions about who is safeguarding the interests of student borrowers.
Massachusetts senator and Democratic presidential hopeful Elizabeth Warren, who helped create the CFPB, sent a scathing letter on Thursday to the bureau's current director. In documents obtained by NPR, Warren called the appointment of Robert Cameron "an outrageous slap in the face to student loan borrowers across the country." Warren also sent letters to Treasury Secretary Steven Mnuchin and directly to Cameron, writing "your employment history presents an irresolvable conflict of interest that will prevent you from being able to
