New York State Senate Joint Public Hearing - 03/04/2026

New York State Senate (Joint: Codes Committee & Consumer Protection Committee) · March 4, 2026

0:00/3:58

3:58:16

0:00

50:00

1:40:00

2:30:00

3:20:00

3:58:16

Opening remarks: scope and concern about scams and student loan servicing

Presentation

0:01 → 12:18(12m 17s)

Senator Myrie opened the joint hearing, framing the session around rising fraud across consumer finance—from student loans to digital assets—and described noncooperation from major student loan servicers (Navient, Earnest/Ernest, AidVantage/Advantage, Mohela) in response to legislative information requests. She cited CFPB findings against Navient and argued New York's white-collar fraud statutes are little changed since 1986 and need modernization.

Keywords:

Speakers:

Joint hearing of the New York State Senate Codes Committee and Consumer Protection Committee in Albany on fraud, white-collar crime, cryptocurrency-enabled scams, student-loan servicing, wage theft and deed theft. Law enforcement, state agencies, advocacy groups and private sector analysts testified about enforcement gaps and pending legislation to modernize fraud statutes.

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Transcript

Unlock the transcript with a paid subscription