July 9, 2025

Congress

Funds

Trump administration freezes $6.8 billion in federal education funds; California hit hard

The Trump administration on Monday moved to withhold a projected $6.8 billion nationwide in education funds — including at least $811 million from California — money appropriated by Congress to boost teacher training, after-school programs and classroom technology and to help students who are learning English and those who are from migrant families. Although the

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Loans

Senate awaits ‘Big, Beautiful bill’ vote. How student loans may change

The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate

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Funds

Electric vehicle charging fund freeze lifted in federal lawsuit ruling

A federal judge used an episode from “The Simpsons” to illustrate her ruling that prevents the Trump administration from withholding money approved for states to build charging networks for electric vehicles. Colorado is one of 16 states that recently sued the administration for not releasing billions of dollars authorized under the 2021 Infrastructure Investment and

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Loans

RI $14.3B budget, casino smoking and payday loan bans pass on final day

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session on Friday, June 20. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget all were approved. Rhode Island

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Loans

RI lawmakers pass $14.3B budget, curbs on casino smoking, payday loans

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session in the early morning hours of Saturday, June 21. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget

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Crypto

Bitcoin Suddenly Braced For A Crypto Price Game-Changer— Predicted To ‘Unleash’ Trillions

06/16 update below. This post was originally published on June 15 Bitcoin and crypto have surged this year as traders bet U.S. president Donald Trump’s administration will further boost the bitcoin price (helped by Treasury secretary Scott Bessent issuing a surprise crypto market prediction). Front-run Donald Trump, the White House and Wall Street by subscribing

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Crypto

Trump Primes Bitcoin And Crypto For A Price Game-Changer Predicted To ‘Unleash’ Trillions

Bitcoin and crypto have surged this year as traders bet U.S. president Donald Trump’s administration will further boost the bitcoin price (helped by Treasury secretary Scott Bessent issuing a surprise crypto market prediction). Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover

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Funds

States snag $9 billion in Medicaid funds as GOP weighs new limits

Bob Herman covers health insurance, government programs, hospitals, physicians, and other providers — reporting on how money influences those businesses and shapes what we all pay for care. He is also the author of the Health Care Inc. newsletter. You can reach Bob on Signal at bobjherman.09. Hospitals, physician groups, and nursing homes across 15

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Funds

Primary care; RIPTA; ‘Taylor Swift tax’

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget Rhode Island House Democrats proposed a $14.3 billion budget that increases health care funding without raising income taxes on the wealthy. The budget includes a tax on second homes valued over $1

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Banking

Senate Banking would zero out CFPB funding in reconciliation

The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of

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