Biden’s student loans plan shrouded in mystery
President Biden’s next move on student loans has been a mystery, with the White House not communicating with advocates and instead keeping stakeholders in the dark while the president decides whether to forgive student loans on a large scale. Biden has said forgiving $10,000 in debt per borrower is on the table but keeps delaying making a final decision. Now, with the student loan pause ending next month and the midterm elections just a few months away, borrowers are unclear about what to expect. “We have seen a shift in the desire from the White House to meet with advo
Read MoreGOP lawmakers are cheering on Pelosi when it comes to Taiwan
Lawmakers in both parties are cheering on House Speaker Nancy Pelosi (D-Calif.) as she plows ahead with a planned visit to Taiwan in the face of opposition not only from Beijing, but also from her allies in the Biden administration. Pelosi is typically a toxic figure in Republican circles, where her unapologetic brand of liberal politics has stirred resentment throughout the two decades that she’s led House Democrats. But her fierce and enduring opposition to China’s history of human rights abuses has led even some of her toughest GOP critics to rally behind
Read MoreBiden allies say enthusiasm gap fueled by lack of engagement, ‘personal touch’
Allies to President Biden are voicing frustration about the political operation inside the White House as the midterm elections draw closer and the president readies for a possible reelection bid. The allies say the lack of a “personal touch” from Biden has left them underwhelmed, with calls going unanswered, simple requests lacking a reply and little — if any — proactive outreach from staff inside the White House. “The most important thing is people just want to feel engaged,” said a longtime Biden ally, one of a dozen sources interviewed by The
Read MoreBiden investing $401M for high-speed internet for 31K rural residents, businesses
The Biden administration will invest $401 million to provide access to high-speed internet for 31,000 rural residents and businesses in 11 states, including Nevada, Arkansas, and Idaho, the White House announced on Thursday. There will be 20 projects in these states, which also includes Alaska, Arizona, California, Colorado, Montana, New Mexico, North Dakota and Texas. The Department of Agriculture plans on making additional investments for rural high-speech internet later this summer. “This is a tremendous opportunity for us over the course of the next several months to
Read MorePelosi's husband sells off up to $5 million worth of chipmaker stock ahead of semiconductor bill vote
House Speaker Nancy Pelosi’s (D-Calif.) husband sold up to $5 million worth of chipmaker Nvidia shares as the House prepares to vote on a bill focusing on the domestic chip manufacturing industry. Pelosi completed a period transaction report signed on Tuesday that indicated that her husband, Paul Pelosi, sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365. In total, the shares are worth between $1 and $5 million. A
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