Students and Young Consumers Empowerment Act

Hozzl · 2026-03-18T17:34:48Z

Explore the details of House Bill 7671 Students and Young Consumers Empowerment Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/18/2026, 5:34 PM

Summary of Bill HR 7671

The bill titled "To amend the Consumer Financial Protection Act of 2010" was introduced in the 119th Congress as H.R. 7671 on February 25, 2026. The purpose of the bill is to establish the position of the Assistant Director and Student Loan Borrower Advocate within the Bureau of Consumer Financial Protection. It aims to create a framework for coordination between the Bureau and the Department of Education to assist and serve borrowers in resolving complaints regarding their private education or Federal student loans.

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Current Status of Bill HR 7671

Bill HR 7671 is currently in the status of Bill Introduced since February 25, 2026. Bill HR 7671 was introduced during Congress 119 and was introduced to the House on February 25, 2026. Bill HR 7671's most recent activity was Referred to the Committee on Education and Workforce, and in addition to the Committees on Financial Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of February 25, 2026

Bipartisan Support of Bill HR 7671

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7671

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 7671

To amend the Consumer Financial Protection Act of 2010 to establish the position of the Assistant Director and Student Loan Borrower Advocate of the Bureau of Consumer Financial Protection, to provide a framework for the Bureau of Consumer Financial Protection and the Department of Education to coordinate in providing assistance to and serving borrowers seeking to resolve complaints related to their private education or Federal student loans, and for other purposes.