Joe Biden news and trends

TikTok Ban Becomes Law as Social Commerce Takes Off
Regulation // April 24, 2024

President Joe Biden has signed a law banning TikTok unless it’s sold within a year. As NPR noted in its report Wednesday (April 24), the law is the largest threat so far to the popular social media platform in the U.S., though it will likely not immediately disrupt its business,...

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...

Biden to Corporations: ‘Give the American Consumer a Break’
Economy // November 28, 2023

President Joe Biden has warned corporations to bring down what he says are inflated prices. “Any corporation that has not brought their prices back down, even as inflation has come down, even as the supply chains have been rebuilt, it’s time to stop the price gouging,” Biden...

Interviews & Exclusives
TikTok Divesture Aftermath Focuses on Potential Suitors

April 24, 2024
The clock is running out on TikTok’s U.S. ambitions. President Joe Biden on Wednesday (April 24) signed a bipartisan measure that gives TikTok’s owner, Chinese tech giant ByteDance, nine months to a year to sell the video-sharing social media platform or see it banned in the U.S. Biden’s action followed the measure’s passage in the […]

What Does the ‘Perfect’ AI Regulatory Framework Look Like?

November 09, 2023
The perfect artificial intelligence (AI) regulation should ensure the technology doesn’t turn on its creators. But it also needs to ensure that the regulation itself doesn’t turn on the technology,...

Biden’s CFPB Focuses On Debt Collection As Early Priority

February 08, 2021
Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. In the midst of grappling with the pandemic and the headwinds...

Big Tech Likely To See Pressure From Biden Administration

January 07, 2021
Out of all of the chaos that has engulfed politics and, specifically, the nation’s capital these last few days, it bears sifting through the headlines and the tumult to see...

Quick Reads
TikTok Ban Becomes Law as Social Commerce Takes Off

April 24, 2024
President Joe Biden has signed a law banning TikTok unless it’s sold within a year. As NPR noted in its report Wednesday (April 24), the law is the largest threat so far to the popular social media platform in the U.S., though it will likely not immediately disrupt its business, due to pending legal challenges and other delays. The law […]

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...

Biden to Corporations: ‘Give the American Consumer a Break’

November 28, 2023
President Joe Biden has warned corporations to bring down what he says are inflated prices. “Any corporation that has not brought their prices back down, even as inflation has come down,...