July 23, 2025

donald trump

Loans

Student loans have new rules: Here’s how they will change starting this year | Education

Among the many provisions of the new tax and public spending bill signed by President Donald Trump (the Big, Beautiful Bill), there are significant changes to the federal student loan system. These will affect both current borrowers and those planning to apply for loans in the future. One of the most immediate effects is the

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Funds

House Armed Services amendment blocks funds for Fort Gordon name change

It was Fort Gordon, then it was Fort Eisenhower, now it’s Fort Gordon again. But there are efforts to fight against that change at Augusta’s U.S. Army base along with the other recently renamed military installations. Who was Fort Gordon named after? Originally, Augusta’s Fort Gordon honored Lt. Gen. John Brown Gordon, one of Confederate

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Investment

Trump sets 15% tariff on Japanese imports as part of investment agreement

July 22 (UPI) — President Donald Trump announced Tuesday that his administration has reached a trade deal with Japan that will impose a 15% tariff rate on the large U.S.-trading partner, instead of the higher levy Trump threatened earlier. The announcement came in a Truth Social post a week before an Aug. 1 deadline imposed

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Crypto

Trump Signs Stablecoin Crypto Bill

The self-diagnosed “very stable genius” has, fittingly, signed into law the GENIUS Act, which introduces (very loose, industry-friendly) regulations for the operation of stablecoins—cryptocurrencies pegged to assets like the US dollar. During the press conference and signing ceremony for the bill, Trump got quite transparent about his relationship with the crypto community, telling them, “I

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Loans

Student Loans: Trump Admin Issues Update Impacting Millions of Borrowers

The Department of Education under President Donald Trump has suspended student loan forgiveness for borrowers enrolled in the Income-Based Repayment (IBR) plan. The pause impacts around 2 million borrowers seeking relief under one of the last remaining federal income-driven repayment options not blocked by legal challenges or court orders. System updates tied to related legal

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Funds

Colorado school districts wait for millions in missing funds, plan contingencies for next school year

Some Colorado school districts are planning to dip into reserves to pay staff and keep programs going next school year while others are in a holding pattern weeks before school opens, waiting to see if the federal government will release millions of dollars in frozen federal funds. The Trump administration was expected to release nearly

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Loans

Trump’s new car loan interest deduction: Who qualifies

How to control your finances on a tight budget Living on a tight financial budget? That doesn’t mean you can’t take control of your finances. Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able

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Funds

Trump releases $1B in funds for afterschool, summer programs

Photo: © Prostock-studio/stock.adobe.com The Trump administration has lifted its blatantly illegal freeze of more than a billion dollars in afterschool and summer education funding, which it had said was being “grossly misused” to promote “a radical left-wing agenda.” I wish I was making that up. “Guardrails have been put in place to ensure these funds

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Crypto

‘Stronger, Bigger, Better’—Trump Issues Huge Prediction For $4 Trillion Crypto Amid Bitcoin, Ethereum And XRP Price Boom

Bitcoin has hit a fresh all-time high this month as a nightmare scenario engulfs the Federal Reserve and traders brace for the next “big” move that could come as soon as next week. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price, doubling from its April lows, hit a peak of

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Funds

Trump administration to release after-school funds but but billions for education still frozen

This story was originally published by Chalkbeat. Sign up for their newsletters at ckbe.at/newsletters. By Kalyn Belsha, Chalkbeat Federal funds for before- and after-school programs that were frozen for weeks will start flowing to states, a senior official with the Office of Management and Budget confirmed Friday. The budget office has finished reviewing the 21st

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