Consumer advocates slam Mulvaney's decision to shutter CFPB's student office [ABC News]
Navient Corporation (NAVI)
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Source: ABC News
Consumer watchdogs have widely denounced the decision to shutter the Consumer Financial Protection Bureau ’s student office, with several advocates renewing questions about whether the CFPB’s Trump-appointed leader is attempting to dismantle the very agency he was tapped to oversee. In an internal memo circulated to bureau staffers on Wednesday, acting director Mick Mulvaney announced that the office of “Students & Young Consumers” will be folded into the office of “Financial Education” as part of his broader, ongoing effort to “make the Bureau more efficient, effective and accountable.” The student office is typically responsible for sifting through consumer complaints, coordinating with advocacy groups and state attorney generals and drawing up suggestions and guidelines for policy changes. If there's a clear violation of the law, the office could advise the CFPB to pursue legal action through the enforcement office. Advocates from across the country gathered on Thursda
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News
- Navient First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at JPMorgan Chase & Co. from $17.00 to $16.00. They now have a "neutral" rating on the stock.MarketBeat
- Navient Co. (NASDAQ: NAVI) had its price target lowered by analysts at Barclays PLC from $13.00 to $11.00. They now have an "underweight" rating on the stock.MarketBeat
- Boys & Girls Clubs of Delaware, Navient to host May 4 college planning conference [Yahoo! Finance]Yahoo! Finance
- Boys & Girls Clubs of Delaware, Navient to host May 4 college planning conferenceGlobeNewswire
NAVI
Earnings
- 4/25/24 - Miss
NAVI
Sec Filings
- 4/25/24 - Form 8-K/A
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- NAVI's page on the SEC website