Chairman’s Note: “Know before you owe” is what Consumer Financial Protection Bureau (CFPB) Director Richard Cordray urged high school students in Sioux Falls at the invitation of Senator Tim Johnson after unveiling a new program to better understand student loans. “I want to thank Chairman Johnson for inviting me to meet his constituents, for whom he advocates so well,” said Director Cordray in Sioux Falls. We couldn’t agree more. Our students, community banks, credit unions, and consumers of financial products are stronger with Senator Johnson chairing the Senate Banking Committee.
