March 15, 2025

government and politics

Loans

Student loan forgiveness will go to 4 groups under Biden’s new plan

President Joe Biden visiting a library in Culver City, California, Feb. 21, 2024. Irfan Khan | Los Angeles Times | Getty Images As Biden administration prepares to forgive the student debt of tens of millions of borrowers — a move experts say could happen as soon as October — it has issued new guidance on

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Crypto

Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree

Former U.S. President and Republican presidential candidate Donald Trump attends a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024.  Shannon Stapleton | Reuters Former President Donald Trump will headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is going for $844,600 per person. According to an

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Crypto

Ethereum co-founder warns against voting only on ‘pro-crypto’

Buterin’s post comes as Donald Trump, who has positioned himself as the pro-crypto candidate for president, rallies members of his party at the Republican National Convention in Milwaukee, and a day after venture capitalists Marc Andreessen and Ben Horowitz told employees of Andreessen Horowitz (a16z) that they plan to make significant donations to political action

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Loans

What relief student loan borrowers can count on amid legal challenges

Alexandra Pavlova | Getty Images The Biden administration’s efforts on student loan forgiveness have repeatedly been met with legal challenges. The Supreme Court struck down President Joe Biden‘s first attempt at wide-scale forgiveness last summer. Now, its new income-driven repayment plan (the Saving on a Valuable Education plan known as SAVE) is partially suspended after

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Finance

Democratic donors say they won’t finance party until he drops out

“I intend to stop any contributions to the party unless and until they replace Biden at the top of the ticket.  This is realism, not disrespect. Biden is a good man and has served his country admirably, but the stakes are far too high,” Abigail Disney said in a lengthy statement to CNBC. “If Biden does

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Loans

Student loan forgiveness programs may be at risk if Trump is elected

Former President Donald Trump gives the keynote address at Turning Point Action’s “The People’s Convention” in Detroit, June 15, 2024. Bill Pugliano | Getty Images Trump also brought up the Supreme Court’s decision in 2023 to block President Joe Biden’s first attempt at broad student loan cancellation: “He got rebuked, and then he did it

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Crypto

Donald Trump, crypto take aim at SEC as Biden allies raise alarms

Former U.S. President and Republican presidential candidate Donald Trump looks on during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024.  Brendan Mcdermid | Reuters The presumptive Republican presidential nominee promised to loosen the regulation of cryptocurrencies if he is elected in November, and to “get out of the way of innovation,” a person

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Finance

Here’s what led Kenyans to burn part of parliament and call for the president’s resignation

KAMPALA, Uganda (AP) — Kenya’s president came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain. But Tuesday’s deadly chaos in the capital, Nairobi, shows how far support for him has turned. Part of parliament burned as protesters rushed in and lawmakers fled. Bodies lay

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Crypto

Biden blocks Chinese-backed crypto miner from land ownership

WASHINGTON (AP) — President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base. The order forces the divestment of property operated as a crypto mining facility near the Francis E. Warren Air Force Base. It also forces the removal of certain equipment

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Loans

Public Service Loan Forgiveness program will go on partial pause

Teacher teaching her students in art class at school. Fg Trade | E+ | Getty Images The popular Public Service Loan Forgiveness program began a partial processing pause on May 1, which will likely run through July, the U.S. Department of Education recently said. The temporary suspension comes as the Biden administration overhauls the once-troubled

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