The Republican chairmen of the U.S. House and Senate education committees on Friday blasted the Consumer Financial Protection Bureau’s recent demand for records from a national accrediting agency, calling the action an “unprecedented overreach.”
Senator Lamar Alexander of Tennessee and Representative John Kline of Minnesota sent a letter to CFPB Director Richard Cordray asking him to rescind the bureau’s demand for records and testimony from the Accrediting Council for Independent Colleges and Schools and to stop any other planned actions involving accreditors.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2015/10/26/gop-lawmakers-slam-cfpb-probe-involving-accreditation
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