For-profit colleges are winning their battle to dismantle Obama-era restrictions as Education Secretary Betsy DeVos rolls back regulations, grants reprieves to schools at risk of losing their federal funding and stocks her agency with industry insiders.
Moved to gut two major Obama-era regulations reviled by the industry that would have cut off funding to low-performing programs and made it easier for defrauded students to wipe out their loans;
Appointed a former for-profit college official, Julian Schmoke Jr., to lead the team charged with policing fraud in higher education — one of a slew of industry insiders installed in key positions. Schmoke is a former dean at DeVry University, whose parent company agreed last year to pay $100 million to resolve allegations the company misled students about their job and salary prospects;
By Brian Ross Matthew Mosk
One of President Donald Trump’s closest confidants, his personal lawyer Michael Cohen, has now become a focus of the expanding congressional investigation into Russian efforts to influence the 2016 campaign.
Cohen confirmed to ABC News that House and Senate investigators have asked him “to provide information and testimony” about any contacts he had with people connected to the Russian government, but he said he has turned down the invitation.
“I declined the invitation to participate, as the request was poorly phrased, overly broad and not capable of being answered,” Cohen told ABC News in an email Tuesday.
Everyone remembers the financial collapse of Wall Street and most of the large banks and security firms in 2008. But very few of the average citizenry know how, why or even who actually caused it. For years 'as far back as 1956, through lobbyist and a senators and congressmen, largely Republican congressmen and senators, who were actively courted by banks, with the goal of repealing the checks and balances, which some call useless regulations, which were intended to protect the citizens of our country. The regulations protected us from dangerous and predatory bank practices which led directly to the financial collapse of 2008! Because these rules and regulations were not in place directly contributed to the destruction and loss of the finances of thousands of American Citizens and brought our country to its knees!
It has been said that knowledge is power. Well, what is so amazing is the same folks who brought you the Wall Street and Big Bank melt-down in 2008 are now in the Whitehouse and control Congress and are talking about repealing all these safe-guards put in place after 2008 designed to contol the preditory and unethical practices of big banking!