HR7359-118

Introduced

To provide a framework for the Bureau of Consumer Financial Protection and the Department of Education to coordinate in providing assistance to and serving borrowers seeking to resolve complaints related to their private education or Federal student loans, and for other purposes.

118th Congress Introduced Feb 14, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To provide a framework for the Bureau of Consumer Financial Protection and the Department of Education to coordinate in providing assistance to and serving borrowers seeking to resolve complaints related to their private education or Federal student loans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Education, Finance.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H410716FEB0804A24B02F8ACC8E3A7227: 1. Short title This Act may be cited as the CFPB Student Loan Integrity and Transparency Act.
  • Section H5BD695A094C44771A006958E60A3401C: 2. Definitions In this Act: The term agency means the Bureau or the Department, as applicable, and the term agencies means both the Bureau and the Department....
  • Section HF81EC4F125FA45858F7B2E3DCB8B7AC2: 3. Cooperation between the Bureau and the Department The Director and the Secretary shall— establish points of contact between the Bureau and the Department...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To provide a framework for the Bureau of Consumer Financial Protection and the Department of Education to coordinate in providing assistance to and serving borrowers seeking to resolve complaints related to their private education or Federal student loans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Education, Finance

Primary Purpose

This bill, To provide a framework for the Bureau of Consumer Financial Protection and the Department of Education to coordinate in providing assistance to and serving borrowers seeking to resolve complaints related to their private education or Federal student loans, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Education Finance

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal agencies and legislative administrators: , ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 14, 2024

Ms. Porter (for herself, Ms. Bonamici, Mr. Sarbanes, and Mrs. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Education Finance
Actor Mappings
"secretary_of_education"
→ Secretary of Education

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology