Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and retirement benefits.
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Biden forgives $4.5 billion in student debt for 261,000 borrowers who attended now-defunct Ashford University
The Biden administration announced Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University.CNBC - 42m -
Biden says he helped get student debt forgiven for 5 million borrowers. Now it’s Trump’s turn to deal with the crisis.
The Biden White House took big swings at student-loan relief, but its efforts were complicated by opposition.MarketWatch - 2d -
Biden cancels student loans for 150,000 more borrowers
President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...NBC News - 2d -
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.CNBC - 2d -
Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M
The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...The Hill - 2d -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - 3d -
Trump seeks Putin meeting as Biden administration announces 11th-hour aid package to Kyiv
"President Putin wants to meet. He's said that even publicly. And we have to get that war over with, that's a bloody mess," Donald Trump said.CNBC - 5d -
Judge Rejects Biden’s Title IX Rules, Scrapping Protections for Trans Students
The decision threw out the administration’s proposed regulations, which prohibited discrimination based on gender identity.The New York Times - 6d -
Biden’s Title IX expansion protecting LGBTQ+ students struck down
Judge in Kentucky finds rules overstepped president’s authority and scraps entire 1,500-page regulation. The Biden administration ’s Title IX rules expanding protections for LGBTQ+ students have ...The Guardian - 6d -
Judge scraps Biden's Title IX rules expanding protections for LGBTQ+ students
The Biden administration’s Title IX rules expanding protections for LGBTQ+ students have been struck down nationwide after a federal judge in Kentucky found that they overstepped the president’s ...ABC News - 6d -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - 6d -
Biden administration providing additional $500M in weapons to Ukraine
The Biden administration is providing an additional $500 million package in weapons and equipment to Ukraine from its existing military stockpiles, looking to further reinforce Kyiv's military less ...The Hill - 6d -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - Jan. 8 -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - Jan. 8 -
Biden administration achieves fourth record-breaking ACA enrollment ahead of exit
The Biden administration has achieved a fourth consecutive record year in HealthCare.gov Marketplace enrollment, one week before the final sign-up deadline and its imminent exit from office. Nearly ...The Hill - Jan. 8 -
As student loan bills become a normal part of life again, tax break will be available to many
There's one upside to your student loan payments: They might qualify you for a tax break.CNBC - Jan. 7 -
Biden administration eases sanctions on transitional Syrian government after Assad ouster
The Biden administration has eased sanctions blocking transactions with the transitional Syrian government following the ousting of longtime dictator Bashar Assad. The move marks a gesture of ...The Hill - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
Breaking down the Nippon and U.S. Steel lawsuit against Biden administration
U.S. Steel is suing the Biden administration over the president's decision to block the company's $15 billion acquisition by Japan's Nippon Steel. International investment expert Sarah Bauerle ...CBS News - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
How the Biden administration will help certify the 2024 election results
Vice President Kamala Harris will preside over a joint session of Congress for the certification of the 2024 election. CBS News' Ed O'Keefe reports four years after the Capitol riots on Jan. 6, 2021.CBS News - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS News - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
The New Year’s Test for Turo: How to Avoid Becoming Crisis Collateral
What to do when your brand is snared by a disaster of someone else’s making.Inc. - Jan. 4 -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - Jan. 4 -
My grandfather co-signed my cousin’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.”MarketWatch - Jan. 4 -
While Biden administration withdrew student loan forgiveness plans, there is still debt relief available
After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.CNBC - Jan. 3 -
Student loan borrowers should take these steps before presidential administration changes
The country's roughly 40 million federal student loan borrowers should brace for change when President Joe Biden exits office toward the end of the month.CNBC - Jan. 3 -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - Jan. 3 -
FCC's net neutrality rules struck down, in another blow to Biden administration
A federal appeals court in Ohio ruled that the Federal Communications Commission lacked authority to reinstate open internet rules.Los Angeles Times - Jan. 2 -
3 safety features home equity loans offer borrowers now
These three unique features make home equity loan borrowing especially secure right now.CBS News - Jan. 2 -
Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system
President Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers ...The Hill - Jan. 1
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‘At long last’: Biden speaks on Israel-Hamas ceasefire deal
President Biden expressed relief over the newly brokered ceasefire between Israel and Hamas, calling it a significant step to ease the suffering of innocent civilians in Gaza. He described the ...NBC News - 4h -
Palestinians celebrate as Israel-Hamas ceasefire deal announced
Celebrations erupted across Gaza as news spread of an imminent ceasefire announcement, with people rejoicing at the idea of more humanitarian aid coming in, and an end to Israeli airstrikes.NBC News - 4h -
Concerns remain for Israeli hostages and Gaza humanitarian situation amid ceasefire
NBC News' Raf Sanchez explains how the Israel-Hamas ceasefire deal will play out and breaks down the worries that still remain for the Israeli hostages' health and the humanitarian crisis in Gaza.NBC News - 5h -
Cause of California wildfires remains unknown as winds pick up
Strong winds have returned to Southern California, creating new challenges in the weeklong battle against the devastating wildfires. The toll of the crisis continues to mount as investigators look ...NBC News - 11h -
Super Scooper planes that fight wildfires are 'rugged, reliable' — and rare
Only about 160 fire-dousing Super Scooper aircraft, which are built in Canada using a 55-year-old design, are in operation worldwide as demand for them grows.NBC News - 6h
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What is the pink powder sprayed over the California wildfires?
The powdered substance sprayed over the California wildfires is called Phos-Chek. It contains ammonium phosphate — an ingredient commonly found in fertilizer.NBC News - 18m -
Israel and Hamas reach ceasefire and hostage release deal after 'intensive diplomacy'
Secretary of State Antony Blinken had said the U.S. wanted a ceasefire deal in Gaza and all remaining captives released before Donald Trump takes office on Jan. 20.ABC News - 20m -
Key takeaways from Pam Bondi confirmation hearing
Senators questioned several nominees for key roles in President-elect Donald Trump's incoming administration on Wednesday, including his attorney general pick Pam Bondi. CBS News congressional ...CBS News - 21m -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - 21m -
Key takeaways from Pam Bondi confirmation hearing
Senators questioned several nominees for key roles in President-elect Donald Trump's incoming administration on Wednesday, including his attorney general pick Pam Bondi. CBS News congressional ...CBS News - 21m