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Biden wants to hear the public's stories about the student loan forgiveness program for public servants with a 98% denial rate

Suzanne Kreiter/The Boston Globe via Getty Images The Education Dept. is launching a public inquiry on the Public Service Loan Forgiveness program. The program, which is supposed to forgive student debt for public servants, rejects 98% of applicants. Anyone can submit comments which the department will consider when implementing improvements. See more stories on Insider's business page. If the Public Service Loan Forgiveness (PSLF) program worked as it should, then every qualifying pu...
Tags: Trends, Joe Biden, Biden, Donald Trump, Boston Globe, Education Department, Public Service Loan Forgiveness, Public Service Loan Forgiveness PSLF, PSLF, Suzanne Kreiter, Seth Frotman, Biden Harris Administration, Ayelet Sheffey, Student Borrower Protection Center, Getty Images The Education Dept, Julie Margetta Morgan


Janet Yellen says Treasury is prepared to pay the US's bills to prevent 'irreparable harm' to the economy as GOP balks at raising debt ceiling

Senate Minority Leader Mitch McConnell and Treasury Secretary Janet Yellen. Alex Wong/Getty Images; Greg Nash/Getty Images Yellen said Treasury is prepared to pay off the country's bills starting August 2. It comes as McConnell opposes raising the debt ceiling without political concessions. Yellen said even the threat of a default risks major damage to the US economy. See more stories on Insider's business page. Treasury Secretary Janet Yellen sent a letter to Congress urging lawma...
Tags: Obama, Congress, Senate, White House, US, Trends, Joe Biden, Democrats, Gop, Hawaii, House, Treasury, Mitch McConnell, Janet Yellen, Nancy Pelosi, Biden


Free money for all? Garcetti hopes guaranteed income test brings big change

By Sara Burnett | The Associate Press By triggering $1,400 stimulus checks for millions of people and expanding the child tax credit for many families, the pandemic offered a clear takeaway for some officials: That putting tax dollars in people’s pockets is achievable and can be a lifeline to those struggling to get by. Now a growing number of mayors and other leaders say they want to determine for sure whether programs like these are the best way to reduce poverty, lessen inequality and get peo...
Tags: Lyft, Business, New York, Minneapolis, Congress, California, White House, Los Angeles, Sport, Joe Biden, Soccer, Stockton, University of Pennsylvania, Biden, Jack Dorsey, Donald Trump


6 million renters face eviction in 8 days when a Trump-era ban expires. Biden is poised to let it happen.

President Joe Biden speaks on the economy at Cuyahoga Community College Manufacturing Technology Center, on May 27, 2021, in Cleveland, Ohio. Nicholas Kamm/AFP via Getty Images Both a federal eviction ban and a moratorium on foreclosures expire in eight days. Some advocates are pushing for an extension of the eviction ban as new virus cases pile up. The Biden administration is poised to allow both relief programs to expire on July 31. See more stories on Insider's business page. On Jul...
Tags: Cdc, White House, Trends, Joe Biden, Delta, Biden, Trump, Freddie Mac, Fannie Mae, National Low Income Housing Coalition, Paul Williams, Jain Family Institute, Diane Yentel, Joseph Zeballos Roig, COVID, Ayelet Sheffey


More help coming to stem foreclosures

By Nancy Cook | Bloomberg The White House on Friday announced plans to expand aid for mortgage borrowers who have fallen behind on payments during the coronavirus pandemic. Enhanced assistance will be provided to homeowners with government-backed mortgages who have been negatively impacted by the pandemic, with the aim cutting some monthly payments by roughly 25%, according to a White House fact sheet. The move is designed to more closely align options for mortgages backed by the Department of H...
Tags: Business, Real Estate, News, Housing, White House, Sport, Joe Biden, Soccer, Biden, Fannie Mae, Foreclosures, Nancy Cook, Bloomberg the White House, Coronavirus Economy, Veterans ' Affairs Department, Freddie Mac the White House


The Delta variant could make the American shopper go back into lockdown, BofA says

Bolstered by three rounds of stimulus checks, US consumers have been spending more. Justin Sullivan/Getty Images The Delta variant could hurt the American shopper, and the economy, BofA Research says. As the variant surges, economists predict a pullback in spending given concerns of catching it. They cited Michigan, where spending declined after February's Covid wave, despite no change in restrictions. See more stories on Insider's business page. Something may be changing in the A...
Tags: US, Trends, Bank Of America, Joe Biden, Delta, Fox News, Michigan, Biden, Donald Trump, Trump, Juneau, Justin Sullivan Getty, BofA, Zhou, Ethan Harris, Ayelet Sheffey


Fourth Stimulus Check: Will There Be Another Relief Payment?

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Tags: Business, New York, Texas, News, Minnesota, Maryland, Pua, Congress, California, Washington, Senate, White House, Massachusetts, Elizabeth Warren, Alabama, West Virginia


White House officials tell civil rights leaders they can 'out-organize voter suppression' as voting rights bills stall: report

President Biden delivers speech on voting rights on July 13th at the National Constitution Center in Philadelphia. Drew Angerer/Getty Images White House officials told civil rights leaders that they could "out-organized voter suppression" 150 civil rights organizations signed a letter Thursday pressuring Biden to do more on voting rights Biden last week called the wave of new voting legislation a "21st century Jim Crow assault." See more stories on Insider's business page. White House...
Tags: Politics, Congress, Senate, White House, Trends, New York Times, Philadelphia, Biden, Jim Crow, Voting Rights, Cnn Town Hall, National Constitutional Center, Biden Administration, For the People Act, Mondaire Jones D NY, John Lewis Voting Rights Act


Facebook says some misinformation and racism will 'inevitably' always exist on its platforms

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. Reuters/Erin Scott Facebook's CEO said moderating content is like fighting crime. Instagram's leader similarly said that some racism will "inevitably" exist online. Their comments show that Facebook may never fully weed out harmful content on its platforms. See more stories on Insider's business page. Two Facebook executives on Thursday addr...
Tags: Facebook, Mark Zuckerberg, News, Instagram, Internet, Washington, White House, US, Trends, Social Media, Joe Biden, Selena Gomez, Biden, Zuckerberg, Misinformation, House Financial Services Committee


2 Democrat Senators want to make Big Tech companies liable when their algorithms promote health misinformation

Sen. Amy Klobuchar. Samuel Corum/Pool/AFP Two Democratic senators introduced a bill called The Health Misinformation Act on Thursday. It would make social-media firms liable when algorithms promote misinformation during health emergencies. The Biden administration has argued with Facebook over its role in vaccine hesitancy. See more stories on Insider's business page. Sen. Amy Klobuchar and Sen. Ben Ray Luján introduced a on Thursday that, if passed into law, would make social media ...
Tags: Facebook, Mark Zuckerberg, Twitter, Politics, News, Congress, Senate, US, America, Trends, Social Media, Joe Biden, Amy Klobuchar, Biden, Misinformation, Kevin Martin


Electric car sales in the US will overtake those of combustion vehicles by 2036, according to an EY report

In 25 years, by 2045, sales of non-electric cars will barely account for 1% of the global market. Lucid Electric car slaes will equal those of combustion cars in the US in 2036, says a Bloomberg report. Millennials and government incentives will be key to the growth of non-polluting mobility. Germany is leading the way in Europe, having sold 398,000 electric cars in 2020. See more stories on Insider's business page. Of the 78 million vehicles sold worldwide in 2020, 3.2 million were el...
Tags: Transportation, Europe, UK, China, Germany, US, International, Trends, General Motors, Markets, Bloomberg, Economy, United States, Retail, Ey, Biden


Sean Hannity walked back his enthusiasm for COVID-19 vaccines after being praised by the White House

Sean Hannity insisted Thursday that he had never changed his stance on COVID-19 vaccines. Fox News Sean Hannity dialed down his enthusiasm for vaccines after winning praise from President Biden. The Fox host on Monday appeared to encourage viewers to take the COVID-19 vaccine. He changed tack on Thursday, saying: "I never told anyone to get a vaccine." See more stories on Insider's business page. Fox News host Sean Hannity walked back on his enthusiasm for COVID-19 vaccines after winni...
Tags: Politics, Media, Washington Post, White House, Trends, Cnn, Fox, News UK, Fox News, Jesus, Biden, Tucker Carlson, Sean Hannity, HANNITY, HARRIS FAULKNER, Thomas Colson


10 Things in Politics: Trump election probe is in trouble

Welcome back to 10 Things in Politics. Sign up here to receive this newsletter. Send tips to [email protected] or tweet me at @BrentGriffiths.Here's what we're talking about:Trouble is brewing for a Georgia county's investigation into TrumpDemocrats are outraged over new details about FBI's investigation into Brett KavanaughThe US Olympic fencing team is in an uproar over the handling of sexual-assault claimsWhat we're watching today: The Olympics officially kick off wit...
Tags: Facebook, Hollywood, Mississippi, Supreme Court, Obama, Washington Post, Cdc, White House, China, Virginia, Disney, Nbc News, US, NFL, Trends, Atlanta


Democrats outraged after the FBI said it got more than 4,500 tips about Brett Kavanaugh - and referred the 'relevant' ones to the Trump White House

Supreme Court Justice Brett Kavanaugh. Susan Walsh/AP Photo The FBI said it received 4,500 tips in 2018 regarding Supreme Court nominee Brett Kavanaugh. The agency said they only interviewed ten people and that "relevant" tips were passed to Trump's White House. A group of Democratic senators accused the FBI of ignoring the tip line and are demanding more answers. See more stories on Insider's business page. A group of Democratic senators is asking for more answers after the Federa...
Tags: Politics, Supreme Court, White House, Trends, Fbi, Democrats, Biden, Federal Bureau of Investigation, Trump, Wray, Sheldon Whitehouse, Tyson, Chris Coons, Cory Booker, Whitehouse, Kavanaugh


The US launched strikes to destroy military equipment the Taliban captured from Afghan security forces

A U.S. Navy F/A-18E Super Hornet releases flares over Afghanistan, Jan. 23, 2020 U.S. Air Force photo by Staff Sgt. Matthew Lotz The US carried out multiple airstrikes on the Taliban recently in support of Afghan forces. The strikes targeted enemy personnel, as well as captured military equipment. The US is withdrawing its forces from Afghanistan, where it has waged war for nearly two decades. See more stories on Insider's business page. The US military carried out multiple airstrikes ...
Tags: Politics, US, International, America, Trends, Joe Biden, Ap, Cnn, Afghanistan, Taliban, Middle East, Pentagon, Biden, Trump, John Kirby, U S Air Force


Psaki says the White House won't reveal how many vaccinated staffers have tested positive for COVID-19

White House Press Secretary Jen Psaki. Alex Wong/Getty Images Psaki declined to disclose the number of breakthrough cases on the White House campus. "No, I don't think that you can expect that we'll be providing numbers," Psaki said Thursday. Psaki said the White House will be transparent when officials test positive and have close contact with Biden. See more stories on Insider's business page. White House press secretary Jen Psaki on Thursday said the White House will not pub...
Tags: Politics, News, White House, Trends, Joe Biden, Biden, Centers For Disease Control And Prevention, Kamala Harris, Trump, Emory University, Pelosi, White House Press, Jen Psaki, Psaki, John Haltiwanger, Carlos del Rio


Psaki says the White House won't disclose how many vaccinated staffers have tested positive for COVID-19

Jen Psaki, the White House press secretary. Alex Wong/Getty Images Psaki declined to disclose the number of breakthrough cases on the White House campus. "No, I don't think that you can expect that we'll be providing numbers," Psaki said on Thursday. She said the White House will report when officials who test positive have close contact with Biden. See more stories on Insider's business page. Jen Psaki, the White House press secretary, said on Thursday that the White House wil...
Tags: Politics, News, White House, Trends, Joe Biden, Biden, Centers For Disease Control And Prevention, Kamala Harris, Trump, Emory University, Carlos, Pelosi, Jen Psaki, Psaki, John Haltiwanger, COVID-19


Adjunct professors should be eligible for relief from the 'crushing burden' of student debt, Democrats say in new bill

Adjunct professors often work at several schools, have multiple jobs, and hold student loan debt. Four Democrats want them to eligible for relief under the Public Service Loan Forgiveness program. SDI Productions/Getty Images Four Democrats introduced a bill to make adjunct professors eligible for student loan forgiveness. The current Public Service Loan Forgiveness program only applies to full-time public servants - not adjuncts. And it rejects 98% of applicants, warranting reform. See mo...
Tags: Maryland, America, Trends, Joe Biden, Hawaii, Tammy Duckworth, Biden, Donald Trump, Mazie Hirono, John Sarbanes, Education Department, Public Service Loan Forgiveness, Hirono, Public Service Loan Forgiveness PSLF, PSLF, New Jersey Sen Cory Booker


Biden nominates Comcast executive David Cohen -- a major campaign donor -- to be US ambassador to Canada

David and Rhonda Cohen arrive at White House state dinner in honor of French President François Hollande in 2014 Pool photo/Getty Images President Biden has nominated Comcast executive David Cohen to be US ambassador to Canada Cohen raised over $100,000 for Biden and held a fundraiser for him on the first day of his campaign The practice of nominating big donors to ambassadorships has come under fire recently See more stories on Insider's business page. President Biden announced yester...
Tags: Politics, France, White House, Russia, Elizabeth Warren, US, America, Trends, David, Canada, Pennsylvania, Comcast, Francois Hollande, Belgium, Philadelphia, David Cohen


Rep. Madison Cawthorn baselessly accuses Fauci of 'operating as a pawn of the Chinese Communist Party' and promises to 'prosecute this guy' if GOP wins in 2022

Rep. Madison Cawthorn, R-N.C. Tom Williams/CQ-Roll Call, Inc via Getty Images Rep. Madison Cawthorn promised to "prosecute" the US's leading infectious disease expert. In a Wednesday podcast interview, Cawthorn called Dr. Anthony Fauci "a pawn" for China. "Dr. Fauci knows that he's been operating as a pawn of the Chinese Communist Party," he said. See more stories on Insider's business page. Republican Rep. Madison Cawthorn of North Carolina went on a podcast Wednesday to accus...
Tags: Politics, News, Congress, Kentucky, China, US, Trends, Gop, House, Rand Paul, National Institutes of Health, Chinese communist party, Capitol Hill, Department Of Justice, Biden, North Carolina


Delivery of 3 more advanced US-made sub-hunting aircraft boosts India's plans to take on China at sea

Two MH-60R Seahawks fly over the induction ceremony for the Indian Navy's first two MH-60Rs, in San Diego, July 16, 2021. US Navy/MCS2 Sara Eshleman The US delivered two helicopters and a new maritime patrol plane to India earlier this month. The aircraft are some of the best sub-hunters available and will boost the Indian navy's capabilities. The deliveries come amid heightened tensions with China in the Indian Ocean region. See more stories on Insider's business page. India r...
Tags: China, Russia, India, US, International, Trends, Beijing, Asia Pacific, Pakistan, Hawaii, San Diego, Pentagon, Lockheed Martin, Biden, New Delhi, Boeing


Mike Lindell is offering $5 million to anyone who can disprove his allegations of voter fraud - if they show up to his cyber symposium

MyPillow CEO Mike Lindell outside the White House in January. Drew Angerer/Getty Images Mike Lindell continues to spread baseless claims that Donald Trump won the 2020 presidential election. The MyPillow CEO is offering $5 million to anyone who can prove he's wrong. The catch: They have to attend his upcoming cyber symposium in South Dakota. See more stories on Insider's business page. MyPillow CEO Mike Lindell, a staunch ally of former President Donald Trump and leading promote...
Tags: Politics, News, White House, US, Trends, Joe Biden, South Dakota, Biden, Donald Trump, Trump, Mike, Lindell, The Dispatch, Dominion, Skoglund, Eric Metaxas


Mike Lindell is offering $5 million to anyone who can disprove his alleged voter-fraud evidence - if they show up to his cyber symposium conference

MyPillow CEO Mike Lindell waits outside the West Wing of the White House on January 15, 2021 in Washington, DC. Drew Angerer/Getty Images Mike Lindell continues to spread baseless claims that Donald Trump won the 2020 presidential election. The MyPillow CEO is offering a $5 million bounty to anyone who can prove he's wrong. The catch: you have to attend his upcoming cyber symposium conference in South Dakota. See more stories on Insider's business page. MyPillow CEO Mike Lindell...
Tags: Politics, News, US, Trends, Joe Biden, South Dakota, Washington Dc, Biden, Donald Trump, Trump, Mike, Lindell, The Dispatch, Dominion, Skoglund, Eric Metaxas


Biden on the worker shortage: Pay $15 an hour or 'be in a bind for a little while'

President Biden speaks to reporters on July 8 Alex Wong/Getty Images In a CNN Town Hall, President Joe Biden was asked about the labor shortage plaguing restaurants. Biden said that restaurants and tourism will be in a "bind" for a little while, but higher wages could help. Biden backs a $15 minimum wage, but the measure doesn't have full party support. See more stories on Insider's business page. In a CNN Town Hall, President Joe Biden weighed in on the labor squeeze currently hit...
Tags: Obama, Washington Post, Trends, Joe Biden, Ohio, Biden, Cnn Town Hall, John Lanni, Alex Wong Getty, Heidi Shierholz, Eli Rosenberg, Lanni, Juliana Kaplan, Shierholz, Economic Policy Institute Those


The Justice Department is tackling a rise in violent crime by launching gun trafficking 'strike forces' in five cities

There is an uptick in gun violence around the US. Spencer Platt/Getty Images The DOJ is launching five gun-trafficking "strike forces" with the goal of stemming violent crime. They will monitor gun trafficking routes to major cities and work with local law enforcement. While most crime is steady or down, homicides and gun violence are up in many US cities. See more stories on Insider's business page. The Justice Department announced Thursday that it has formed gun trafficking "strike f...
Tags: Minneapolis, US, Trends, Joe Biden, Washington Dc, Biden, Doj, Justice Department, San Francisco Bay Area, Rosenfeld, New York Chicago Los Angeles, Merrick Garland, Richard Rosenfeld, George Floyd, Orecchio Egresitz, Spencer Platt Getty Images The DOJ


Biden says he's 'tired of trickle down' leaving out the middle class: 'Just pay your fair share'

President Joe Biden. SAUL LOEB/AFP via Getty Images At a CNN town hall, Biden said he is "tired of trickle down" economics leaving out the middle class. Trickle-down economics is the idea that benefits for the wealthy will "trickle down" to the rest of society. Biden said a solution to creating an equitable economy is ensuring the wealthy pay their fair share in taxes. See more stories on Insider's business page. Economic recovery is largely driving President Joe Biden's agenda, an...
Tags: Massachusetts, Elizabeth Warren, America, Trends, Joe Biden, Cnn, Republican, Biden, Cincinnati, Joe Biden SAUL LOEB, Ayelet Sheffey


Biden jokes that Fox News had 'an altar call' on COVID-19 vaccine coverage: 'I'm not being a wise guy'

President Joe Biden. SAUL LOEB/AFP via Getty Images President Joe Biden poked fun at Fox News during a CNN town hall Wednesday night. Biden said the network had "an altar call" in its turnaround on vaccine coverage this week. But two of Fox's most viewed hosts, Tucker Carlson and Laura Ingraham, have remained anti-vaccine. See more stories on Insider's business page. President Joe Biden joked about the notable shift in Fox News' coverage touting the COVID-19 vaccine this week."...
Tags: Politics, Trends, Joe Biden, Cnn, Fox, Fox News, Vaccine, Biden, Tucker Carlson, Sean Hannity, HANNITY, Carlson, Laura Ingraham, Ingraham, Justin Baragona, Alex Berenson


Biden says he asks Secret Service to keep out of his room at breakfast time because he isn't dressed

U.S. President Joe Biden reacts to shouted questions from reporters as he walks to Marine One on the South Lawn of the White House on July 21, 2021 in Washington, DC Drew Angerer/Getty Images President Biden asks the Secret Service to keep out of his room at breakfast because he isn't dressed. Biden mentioned the habit while telling CNN he likes to have breakfast in his robe. The president is usually closely flanked by a detail of Secret Service agents. See more stories on Insider'...
Tags: Europe, Politics, White House, Barack Obama, Trends, Joe Biden, Cnn, Washington Dc, News UK, Anderson Cooper, Secret Service, Don Lemon, Biden, Don, Jill, South Lawn


Biden says eliminating the filibuster would 'throw the entire Congress into chaos' and 'nothing will get done'

President Joe Biden interacts with members of the audience during a commercial break for a CNN town hall at Mount St. Joseph University in Cincinnati, Wednesday, July 21, 2021. AP Photo/Andrew Harnik Biden said nixing the filibuster would lead to "chaos" and "nothing could get done." Activists are pressing Biden to back eliminating the filibuster to pass voting rights protections. "What I don't want to do is get wrapped up right now in the argument of whether this is all about the fi...
Tags: Politics, John Lewis, Supreme Court, Congress, Senate, White House, Trends, Joe Biden, Cnn, Alaska, Don Lemon, Biden, Cincinnati, Voting Rights, Shelby, Lisa Murkowski


The Biden administration considers stricter mask guidance as the delta variant drives a spike in COVID-19 cases

President-elect Joe Biden puts on a mask after receiving his second dose of the Pfizer/BioNTech COVID-19 vaccination at ChristianaCare Christiana Hospital on January 11, 2021 in Newark, Delaware. Alex Wong/Getty Images Biden officials are considering stricter mask-wearing guidance as the delta variant cases spike. Officials at the CDCD are reportedly also considering more stringent mask guidelines. The guidance would be designed to protect unvaccinated people. See more stories on Insider&#...
Tags: Post, Politics, News, Washington Post, Cdc, White House, US, Trends, Joe Biden, Cnn, House, Biden, Centers For Disease Control And Prevention, Eliza Relman, Top Biden, Biden Administration



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