WASHINGTON, May 5 -- Sen. Elizabeth Warren issued the following press release:

U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking Committee, released new responses from the Department of Education (ED) and the Treasury Department (Treasury) demonstrating that the agencies cannot articulate a clear purpose or plan for implementing their illegal interagency agreement (IAA) transferring the administration of federal student loans to Treasury.

The responses were in reply to Senator Warren's April 2nd letter (https://www.warren.senate.gov/newsroom/press-releases/warren-sanders-wyden-murray-baldwin-blast-new-trump-admin-attempt-to-dismantle-education-department-call-for-immediate-end-to-illegal-transfer-of-student-loa...