Author archive: Holly Petraeus

On April 27th, the President signs an executive order instructing several departments to take steps to ensure that servicemembers, veterans and their families can get information they need about the schools where they spend their education benefits. His directive also strengthens oversight and accountability of the schools that offer educational programs to the military. We applaud this effort.

Read more from Holly Petraeus about the need for this executive order and our work on military education issues.

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One of the biggest challenges of working at a new organization is getting the word out about what you do and how your product or service makes a difference to the customer. And that’s definitely the case here at the Consumer Financial Protection Bureau and its Office of Servicemember Affairs. To get the word out [...]

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When I was at Fort Drum, NY last week I heard from a military spouse who said her family has been separated for 4 years – partly because of deployments but also because they can’t sell their house. At the same meeting an officer told me that he is underwater on a home he bought [...]

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Remarks by Hollister K. Petraeus Assistant Director for the Office of Servicemember Affairs, Consumer Financial Protection Bureau For-Profit College Forum Hosted by U.S. Senator Dick Durbin Chicago, Illinois January 23, 2012 Senator Durbin, thank you for the invitation to speak today concerning higher education for servicemembers and their families. The Dodd-Frank Act gives my office [...]

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This week, the Office of Servicemember Affairs held a special event: a Financial Fitness Forum. We invited representatives from the military, government agencies, and financial institutions to come and talk about the financial challenges faced by servicemembers and their families, and what is being done – and could be done – to address them. Our [...]

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November 11th is Veterans Day. This week the CFPB took a moment to recognize and honor the veterans in our ranks: 87 of them! We showed photos of them while they were in the service (some rather surprising), and we also asked them to sum up in three words the meaning of Veterans Day. The [...]

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