August 26, 2025

Trump administration

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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Crypto

In a win for Trump, US House passes three landmark cryptocurrency bills – Firstpost

Lawmakers easily approved the CLARITY Act, which aims to establish a clearer regulatory framework for cryptocurrencies and other digital assets. read more The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration’s commitment to the once-controversial industry. Lawmakers easily approved the CLARITY Act, which aims to establish a clearer

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Funds

With hundreds of millions of dollars at risk in Bay Area, lawsuit against Trump grows over grant funds – East Bay Times

As the Trump administration continues its attempts to impose conditions on federal grants, a coalition of 60 local governments — including the counties of Santa Clara, Alameda and San Mateo — is asking a federal judge to block the U.S. Department of Health and Human Services from adding stipulations to grants that could put hundreds

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Funds

With hundreds of millions of dollars at risk in Bay Area, lawsuit against Trump grows over grant funds – The Mercury News

As the Trump administration continues its attempts to impose conditions on federal grants, a coalition of 60 local governments — including the counties of Santa Clara, Alameda and San Mateo — is asking a federal judge to block the U.S. Department of Health and Human Services from adding stipulations to grants that could put hundreds

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Funds

20-plus states sue Trump administration over frozen school funds

The Trump administration has frozen some $6 billion intended for education programs across the U.S. to ensure states and school districts align with the president’s priorities. Around two dozen states are now suing to get the money back.Some of the funding at stake impacts after-school and summer programs that nearly 1.5 million children across the

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Loans

SBA axes rule banning faith-based groups from receiving disaster loans

“The SBA is committed to ending the era of weaponized government that has systematically discriminated against Americans of faith – even denying them access to vital disaster relief in times of tragedy,” SBA Administrator Kelly Loeffler said in a statement shared with the Washington Examiner. “We are thrilled to announce our first-ever Center for Faith at

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Crypto

Binance aided Trump family’s crypto firm before founder Changpeng Zhao sought pardon – The Mercury News

By Zeke Faux, Muyao Shen and Anthony Cormier, Bloomberg One of the Trump family’s crypto ventures has received key behind-the-scenes help from the world’s largest digital-asset exchange, whose founder is a convicted felon now seeking a presidential pardon. Binance wrote the basic code to power USD1, a stablecoin launched by the Trumps’ World Liberty Financial

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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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