Senators mark 17th Charter Schools Week
WASHINGTON, D.C. — Senators Lamar Alexander (R-Tenn.) and Michael Bennet (D-Colo.), along with 26 cosponsors, on Monday commemorated this week as the 17th annual National Charter Schools Week. The event congratulates the students, parents, teachers, and leaders of 6,800 U.S. charter schools.
Senate education committee chairman Alexander said, “Today, nearly 3 million students attend a charter school — these are schools that give principals the freedom to lead, more teachers the freedom to exercise their own good judgement and more parents the freedom to choose the school that is best for their child. Last year, in fixing No Child Left Behind, Congress worked in a bipartisan way to help states expand and replicate their best charter schools, and I intend to continue working on ways to give more students the opportunity to attend a high-quality charter school.”
Mortgage disclosure rule gets more time for comments
WASHINGTON, D.C. — Last week, U.S. Senator Bob Corker (R-Tenn.) applauded the decision by the Consumer Financial Protection Bureau (CFPB) to reopen its new Truth in Lending Act-Real Estate Settlement Procedures Act (TILA-RESPA) Integrated Disclosure (TRID) rule for public comment.
Corker, a member of the Senate Banking Commit-tee, wrote to CFPB Director Richard Cordray in March, requesting increased clarity on the TRID rule.He also questioned Cordray about the regulation during a Senate Banking Committee hearing earlier in March, asking if the CFPB would consider steps to alleviate confusion.
“These new mortgage disclosure requirements have created some challenges for consumers and institutions,” Corker said. “I commend Director Cordray for taking this important step to provide more clarity. The TRID rule is impacting millions of Americans, and we must ensure it is implemented in the most transparent and effective manner possible.”
