July 12, 2025

Trump administration

Funds

Federal freeze on funds could cost Maryland schools $125 million this year

Dozens of advocates gathered in a webinar Wednesday to try to determine the impact of the possible loss of $125 million in federal aid to Maryland schools this year, part of $6.8 billion in education funding frozen just last week by the Trump administration. They know this much: The news is not good. “It’s really

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Loans

The One Big Beautiful Bill is about to make student loans worse

University tuition in the United States is notoriously expensive — so much so that Americans currently have over $1.6 trillion in student loan debt. But now, the routine process of taking out student loans has been overhauled as a result of the One Big Beautiful Bill, which President Donald Trump signed into law last week.

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Loans

Trump May Weaponize Public Service Student Loan Forgiveness

Photo: Samuel Corum/Bloomberg via Getty Images Public servants are still one of the groups taking the brunt of the assault from Donald Trump’s weaponized federal government. He and his administration have tried to wipe out much of the federal workforce. They’ve threatened or cut the federal funding of a rising number of universities in an

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Banking

Judge blocks briefs supporting CFPB open banking rule

Industry and consumer groups are lining up support for the Financial Technology Association’s legal effort to uphold the Consumer Financial Protection Bureau’s open banking rule, but a federal judge denied their motions to file briefs in support of FTA’s case. Four different groups — including the Financial Health Network, the American Fintech Council, the Financial

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Funds

Ohio Boys and Girls Clubs face trouble as funds withheld

CINCINNATI (WXIX) – There are many impacts the Tri-State will see as the Big Beautiful Bill takes effect, including those at the local level. One of the organizations bracing for changes is the Boys and Girls Club, which has been left out of the national budget. Like the Boys and Girls Club, the President’s budget

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Funds

Wisconsin sues Education Department over youth mental health fund cuts

Senators grill Education Secretary Linda McMahon over proposed cuts Education Secretary Linda McMahon testified to Congress over proposed budget cuts. Wisconsin Attorney General Josh Kaul has joined a multistate lawsuit against the U.S. Department of Education after it abruptly terminated $1 billion in five-year grants, including $10 million in Wisconsin, meant to support school-based mental

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Funds

Lower Hudson NY after-school programs in danger as federal funds stop

President Trump’s big bill passes Senate with help from JD Vance President Donald Trump’s amended bill was narrowly passed by the Senate, with Vice President JD Vance’s vote breaking the 50-50 tie. The Trump administration may eliminate federal funding for the 21st Century Community Learning Centers, impacting after-school programs nationwide. The cuts will affect nearly

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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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Crypto

A look at the major players in the crypto industry and their ties to Donald Trump – The Mercury News

By WILL WEISSERT, Associated Press WASHINGTON  — President Donald Trump took office in January pledging to “make America the crypto capital of the world.” He has since harnessed wide swaths of the federal government to bolster the industry — all while raking in huge sums of money for his family’s business. By some estimates, crypto

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