President Joe Biden expressed his concerns, stating, “These borrowers were lied to, ripped off, and saddled with mountains of debt.” The Biden admin announce that it will be canceling $130 million in federal debt for 7,400 students who attended CollegeAmerica in Colorado This move marks another instance of the Biden admin forgiving federal loans for … Read more
Former Treasury Secretary Larry H. Summers says he generally supports President Joe Biden’s economic policies, but he is concerned about the White House’s emphasis on industrial policy and outbound investment constraints, which he describes as nationalistic and “increasingly dangerous.” “I am profoundly concerned by the doctrine of manufacturing-centered economic nationalism,” Larry H. Summers exclaimed Tuesday at a … Read more
The Biden administration is determined to keep fighting for assistance for millions of Americans suffering under debts that sometimes exceed $100,000 after the Supreme Court rejected his student loan forgiveness program in June. The court decided 6-3 against the Biden administration’s plan to cancel up to $400 billion in student loans, ruling that the president … Read more
In a letter to Gov. Kathy Hochul this week, a group of New York State legislators urged her to give underserved communities priority when allocating $665 million in high-speed internet funding from the federal government. Sen. Tom O’Mara (R-Big Flats) stated, “I think Elmira and the surrounding areas (underserved communities), particularly our rural areas that have … Read more
Critics pointed out that the Department of Justice’s (DOJ) tactics included subjecting parents to prolonged examinations, intending to weaken their claims of trauma. The White House, however, evaded questions concerning this matter. The Biden administration faced mounting criticism on Monday regarding the DOJ’s strenuous opposition to providing financial compensation to migrant families separated at the … Read more
This development brings an end to a long-standing legal battle on the matter. The Biden administration has decided not to appeal a federal court’s ruling that prohibits the use of the ACA to enforce the offering of cross-sex medical procedures by medical providers Becket Law, which provided legal counsel in the case, confirmed the administration’s … Read more
These entities will be engaged in initiatives aimed at advancing the transition to green energy. The Biden administration, under the leadership of President Joe Biden, has unveiled plans to provide financial support amounting to $135 million to universities, laboratories, and businesses The Department of Energy (DOE), headed by President Biden, will be responsible for funding … Read more
Under the proposed rules, project fees for these initiatives will be significantly reduced. The Bureau of Land Management (BLM), which issued guidance last year to attract solar and wind projects, plans to deepen the fee cuts from approximately 50% to around 80%. The Biden administration is set to introduce new regulations aimed at promoting investment … Read more