Rep. Bonamici Introduces Bill to Create Student Loan Advocate and Boost Oversight
This bill is currently in the early stages of the legislative process and is being reviewed by three different House committees. No action has been taken on the bill since February 2026, which is a period of four months. It is not moving forward at this time because committee members have not scheduled a vote.
This bill’s path across every version that has carried it.
Reintroduced
Reintroduced from H.R. 6692 (118th), which died when its Congress ended.
H.R. 6692 (118th) →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
The bill creates a new senior position (Assistant Director and Student Loan Borrower Advocate) at the CFPB, along with a new Office for Students and Young Consumers. Staff at both the CFPB and Department of Education would take on new coordination duties, including quarterly meetings, complaint sharing within 10-day deadlines, and joint data access arrangements. This adds workload but also creates new roles and career opportunities within both agencies.
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.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Students and Young Consumers Empowerment Act
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