Biden administration

Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

READ MORE >
Biden Administration Unveils Student Loan Repayment Plan
Biden Administration Unveils Student Loan Repayment Plan
August 22, 2023  |  Loans

The Biden Administration has unveiled a student loan repayment initiative that is set to benefit over 20 million borrowers. The Saving on a Valuable Education...

READ MORE >
Some Borrowers See Student Loan Relief Despite Court Ruling
Some Borrowers See Student Loan Relief Despite Court Ruling
August 20, 2023  |  Debt

Earlier this summer, the Supreme Court struck down President Joe Biden’s student loan forgiveness plan. It was bad news for many borrowers, but not all...

READ MORE >
White House Demands Transparency From Rental Housing Platforms
White House Demands Transparency From Rental Housing Platforms
July 19, 2023  |  Real Estate

The White House says three major housing platforms have agreed to provide more transparency to prospective renters. Zillow, Apartments.com, and AffordableHousing.com will begin giving consumers the total of...

READ MORE >
FTC Chair Lina Khan Faces Republican Scrutiny Over Budget Increase
FTC Chair Lina Khan Faces Republican Scrutiny Over Budget Increase
July 13, 2023  |  Regulation

Federal Trade Commission (FTC) Chair Lina Khan faced scrutiny from Republicans at a Thursday (July 13) House Judiciary Committee Oversight hearing. Under Khan, the FTC’s budget has...

READ MORE >
Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan Payments
Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan Payments
July 05, 2023  |  Loans

The White House wants to offer debt relief to student loan borrowers as payments resume. According to an announcement last week by the U.S. Department of Education, the...

READ MORE >
McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
May 17, 2023  |  Bank Regulation

A top House Republican says White House “mismanagement” helped trigger the recent banking crisis. Rep. Patrick McHenry (R-N.C.) chairs the House Financial Services Committee, which...

READ MORE >
White House Says Companies Must Ensure AI Systems Are Safe
White House Says Companies Must Ensure AI Systems Are Safe
May 04, 2023  |  artificial intelligence

White House officials met with leaders in the artificial intelligence (AI) field after announcing actions on AI. Vice President Kamala Harris and senior White House...

READ MORE >
Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
April 17, 2023  |  Regulation

Where regulation goes — sometimes, at least — unintended consequences might follow. The regulatory and legislative scrutiny of, and battle over, what are being commonly...

READ MORE >