Morning Scan: CFPB Clashes with Banks on Student Loans; Chicago Fed ...

Wall Street Journal

The Consumer Financial Protection Bureau's ombudsman for student loans, Rohit Chapra, is being taken to task by some lenders for how he has used public forums to encourage banks to improve their dealings with consumers on student loans. The problem lenders have is the 32-year-old Chapra favors delivering his message in public forums like blogs and letters, compared to other regulators who use more discreet formats. The paper looks at some of the...