Trump Taps Embattled Lender's Exec As Student Loan Monitor
Law360 (August 16, 2019, 10:21 PM EDT) -- The Trump administration hired the top compliance official from the troubled Pennsylvania Higher Education Assistance Agency to serve as the Consumer Financial Protection Bureau’s chief fixer of private student loan complaints, in a move that drew immediate criticism from the appointee's predecessor Friday.
Robert G. Cameron was deputy chief counsel overseeing litigation, risk management and compliance with state and federal regulations at PHEAA, a Harrisburg-based quasi-governmental agency that services and administers state-backed student loans and grants alongside two national arms that deal with private and federal loans. At CFPB, Cameron will be responsible for receiving, reviewing and trying to resolve complaints to the bureau...
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