May 6, 2025

policy

Loans

Interest rates for loans, mortgages aren’t falling. See when they might

If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t

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Funds

DOGE cuts millions in funds for HIV research at Florida universities

Those working to end the HIV epidemic say this cut in funding will have a ‘devastating impact.’ Protesters against planned National Institutes of Health funding cuts The Trump administration’s push to slash funding at the National Institutes of Health has been temporarily blocked by a federal judge. About $42 million of the terminated grants were

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Banking

Banking regulators scrap crypto-warnings, encourage innovation

Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was

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Crypto

From Crackdown to Integration: US Crypto Policy in 2025

The US crypto market has undergone a dramatic transformation in 2025. Once marked by regulatory hostility and enforcement-first approaches, the current environment under President Donald Trump’s second administration has taken a sharply different turn, one that signals an opportunity for crypto builders, investors, and institutions alike. Since Trump’s inauguration on January 20, the administration has

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Loans

Collection on defaulted student loans to restart May 5

The change will lead to garnished wages and benefits for more than 5 million Americans starting this summer. Collection of defaulted student loans to resume May 5: What to know Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That’s about to change on May 5. WASHINGTON

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Loans

Federal government plans to go after delinquent student borrowers. What to know

Do college graduates have regrets about their chosen majors? With the rising cost of college, Americans currently owe nearly $1.8 trillion in student loan debt. What majors are worth the money? The U.S. Department of Education will restart involuntary student loan collections on May 5. Borrowers in default for 270 days or more will face

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Funds

Wisconsin DHS to release COVID-era funds targeted for cancelation

In a reversal from statements a day prior, the Wisconsin Department of Health Services now says it will release COVID relief funds that President Donald Trump’s administration sought to cancel, in the wake of a federal judge’s order temporarily restoring the funds. Late last month, the U.S. Department of Health and Human Services canceled around

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Funds

Wisconsin to hold off on reinstating COVID-era grants tied up in suit

Donald Trump to withdraw US from World Health Organization President Donald Trump has announced that the US is withdrawing from the World Health Organization (WHO), citing its handling of COVID-19, alleged political bias, and failure to reform. unbranded – Newsworthy The Wisconsin Department of Health Services is holding off on reinstating more than $200 million

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Funds

Mississippi Department of Education fights $137M federal funds cut

“These are not just numbers on a spreadsheet; they represent critical services and supports that directly benefit our most vulnerable students.” Subscribe to Clarion Ledger: Local journalists covering local stories Clarion Ledger journalists cover the important moments in Mississippi. Support local journalism by subscribing. Staff The U.S. Department of Education announced an immediate end to

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Funds

PA’s Shapiro sues Trump administration over public health cuts

RFK Jr. to cut 10,000 jobs at US health department The U.S. Department of Health and Human Services announced that it will cut about 10,000 full-time jobs and close half of its regional offices. Reuters Pennsylvania joined a multistate lawsuit against the Trump administration for cutting billions in state health funding. Pennsylvania state officials say

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