• The CEO of a major student-loan company says he won't sue Biden on debt cancellation even though he 'clearly' has standing: 'It seems like a case of a lot of people hoping somebody else is going to sue'

    9 days ago - By Business Insider

    President Joe Biden addresses the nation at the White House in Washington, DC on June 24, 2022 following the US Supreme Court's decision to overturn Roe vs. Wade. Photo by MANDEL NGAN/AFP via Getty Images
    Navient CEO Jack Remondi said he won't sue Biden on his student-loan forgiveness plan.
    "It seems like a case of a lot of people hoping somebody else is going to sue," Remondi said.
    Some Republican lawmakers have expressed intent to pursue legal action to block the relief.
    The head of a major student-loan company says he could sue President Joe Biden's recent debt relief - but won't...
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  • 2 GOP lawmakers are looking into whether Biden's student-loan forgiveness is a 'serious ethics violation' and benefits staffers who helped craft the policy

    9 days ago - By Business Insider

    Rep. Virginia Foxx, R-N.C. Al Drago/CQ Roll Call
    GOP Reps. Foxx and Comer want investigations into the ethics of Biden's student-loan forgiveness.
    They're concerned that the staffers who helped craft the policy could stand to benefit from it.
    Republicans have been blasting the relief since Biden announced up to $20,000 in loan forgiveness.
    Two Republican lawmakers renewed their concerns that President Joe Biden's staffers could benefit from his recent student-loan forgiveness policy. On Thursday, Ranking Member on the Committee on Oversight and Reform James Comer and Ranking Member on the...
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