Biden Administration news and trends

Biden Offers New Debt Relief to Student Loan Borrowers
Loans // April 08, 2024

The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who owe more now than when they started repayments due to interest, those who entered repayment 20 or more years ago,...

Biden Cancels $5.6 Billion in Student Loans for Public Service Workers
Loans // March 21, 2024

The White House is canceling nearly $6 billion in student loans for public service workers. The cancellation, announced Thursday (March 21), applies to 78,000 teachers, nurses, firefighters and other public sector employees. “These public service workers have dedicated their careers to serving their communities, but because of past administrative...

White House Mulls Requiring Cloud-Computing Companies to Disclose Customers
Security & Fraud // January 26, 2024

The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. The proposed “know your customer” regulations aim to identify who is accessing U.S. cloud technology to train artificial intelligence (AI) models,...

White House Pushes for Pro-Small Business AI Policy
artificial intelligence // January 21, 2024

How can artificial intelligence (AI) create opportunities for small businesses? That question was the subject of a Friday (Jan. 19) White House meeting designed to examine ways to support competition as AI becomes more widely used. “This included a focus on the challenges participants raised about the high levels...

Quick Reads
Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes

May 01, 2024
The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1), those graduates were lied to by the now defunct chain of for-profit arts schools, the subject of years of investigation and litigation around the country. “The Art Institutes preyed on the hopes […]

Biden Offers New Debt Relief to Student Loan Borrowers

April 08, 2024
The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who owe more now than when...

Biden Cancels $5.6 Billion in Student Loans for Public Service Workers

March 21, 2024
The White House is canceling nearly $6 billion in student loans for public service workers. The cancellation, announced Thursday (March 21), applies to 78,000 teachers, nurses, firefighters and other public sector employees. “These public...

White House Mulls Requiring Cloud-Computing Companies to Disclose Customers

January 26, 2024
The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. The proposed “know your customer” regulations...