Biden could wipe out 30 million student-loan borrowers' debt loads with $50,000 in relief — but $10,000 would still turn a third of their balances to zero
Data provided by Sen. Elizabeth Warren's office also found $10,000 in student-loan forgiveness would wipe out debt for 2 million Black borrowers.news.yahoo.com
Warren calls McCarthy a 'liar' and 'traitor' over Jan 6 tape
Democratic Sen. Elizabeth Warren is slamming Rep. Kevin McCarthy as a “liar and a traitor” over recordings that show the House Republican leader, despite his denials, placing responsibility on Donald Trump for the Capitol riot and suggesting Trump should resign.
Democrats in Congress ask Clarence Thomas to recuse himself from Jan. 6 cases
Top Senate Democrats sent a letter to the Supreme Court requesting that Justice Clarence Thomas recuse himself from any future cases involving efforts to overturn the 2020 election or the Jan. 6 attack on the Capitol.washingtonpost.com
416,000 student-loan borrowers landed $1.85 billion in relief. Elizabeth Warren says that's not enough to compensate those impacted by one of the largest loan company's 'abusive practices.'
In a letter provided exclusively to Insider, three senators asked the Education Department to provide prompt relief to defrauded Navient customers.news.yahoo.com
Biden must release a nearly year-old student debt memo and 'immediately' cancel up to $50,000 in loans before payments resume, Elizabeth Warren, AOC, and 83 other Democrats say
It's been 8 months since the Education Dept. prepared a memo on Biden's legal ability to cancel student debt. Democrats say it's time to release it.news.yahoo.com
Arizona Republican calls Elon Musk America’s ‘richest African American’
Republican Blake Masters, a candidate for U.S. Senate in Arizona, has sparked debate on Twitter after referring to tech mogul […] The post Arizona Republican calls Elon Musk America’s ‘richest African American’ appeared first on TheGrio.news.yahoo.com
Senate confirms big slate of Biden ambassadors to end 2021
The Senate has confirmed more than 30 ambassadors and other Biden administration nominees after Majority Leader Chuck Schumer agreed to schedule a vote on sanctions on the company behind the Nord Stream 2 pipeline that will deliver natural gas from Russia to Germany.
Elon Musk hurls insults at Elizabeth Warren over her criticism of his taxes, saying she's like a 'friend's angry mom' who randomly yells for no reason
Musk is escalating his feud with Democrats seeking to aggressively tax the wealthiest Americans. He reportedly paid no income tax in 2018.news.yahoo.com
Under pressure, Powell says Fed to revamp its trading rules
Federal Reserve Chair Jerome Powell said the central bank will overhaul its financial ethics policies in response to growing questions about investing and trading decisions by high-ranking Fed officials that raise potential conflicts of interest.