The Education Department appointee who oversees the government's $1.5 trillion student loan portfolio stepped down from the board of an organization that owns some of that debt after POLITICO asked about a potential conflict of interest
The Education Department appointee who oversees the government's $1.5 trillion student loan portfolio on Tuesday stepped down from the board of an organization that owns some of that debt, after POLITICO asked about a potential conflict of interest.
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. Canter, who previously served as White House ethics counsel during the Obama and Clinton administrations, said that the position should have been “flagged as a potential conflict” by ethics officials. “It’s what you hope the government ethics program would be able to help him avoid,” she said.
Clark said that even though Brown may not receive a direct financial benefit from serving on the board of directors, that doesn’t mean he’s in the clear when it comes to government ethics rules. Sean Moulton, a senior policy analyst at the Project on Government Oversight, said that Brown’s situation “potentially fits into a conflict of interest or at the very least a perception of a conflict.”
Brown joined the KnowledgeWorks Board in 2017 following a more than 30-year career in the military. In the Air Force, he most recently served as the deputy commander for air education and training command. He oversaw the Air Force recruiting service and other education, including Air University and the Air Force Institute of Technology.
The loans “are regulated by the Department of Education,” Brinkman acknowledged. “Our servicers submit information to the Department of Education on our behalf.”
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