Bill S.4551 titled “A bill to provide a consumer protection framework necessary to support the growth of accessible, affordable, and accountable financing options for postsecondary education, and for other purposes” was read twice and referred to the Committee on Finance by the Senate. The bill is sponsored by Sen. Todd Young with Christopher Coons, Marco Rubio, Mark Warner as cosponsors.
The Finance Committee moves forward in some way on one bill per day.
Most bills have a hearing where those involved explain why they are for or against the bill. Roughly 8,000 bills are addressed by committees each year but only about 800 make it to the floor of Congress, according to ushistory.org.
A 2019 report from the Brookings Institute argued committees aren’t capable of delving fully into the issues they address and are forced to rely on lobbyists.
| Bill Name | Sponsor | Action |
|---|---|---|
| A bill to provide a consumer protection framework necessary to support the growth of accessible, affordable, and accountable financing options for postsecondary education, and for other purposes. | Sen. Young, Todd | Senate |
