Today, Republican Leader of the Education and Labor Committee Virginia Foxx (R-NC) issued the following statement after President Biden tapped Richard Cordray as Chief Operating Officer (COO) at the Office of Federal Student Aid (FSA):
"A $1.5 trillion student loan portfolio requires savvy financial management. I am skeptical that a failed Democrat politician, who has a history of getting consumed by politics instead of caring for consumers, has the capability and serious character required to carry out the duties of COO of FSA."
