Student loan watchdog job given to an industry executive

August 23, 2019 | The New York Times

The Consumer Financial Protection Bureau’s new student loan watchdog is a former executive from a loan servicer that has repeatedly come under fire from government auditors — and even the consumer bureau itself — for a trail of serious mistakes.

The agency on Friday named Robert G. Cameron, previously a top compliance official at the Pennsylvania Higher Education Assistance Agency, as the bureau’s new ombudsman.

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