Economy & Business, Politics

Schumer Announces This Gigantic Biden Initiative

Democratic Senate Majority Leader Chuck Schumer (NY) said this week that President Joe Biden and his advisers are closer “than ever before” to canceling student debt.

Schumer has long been a proponent of extending the federal student loan pause that began at the onset of the COVID-19 pandemic and canceling student debt altogether.

“I have talked personally to the president on this issue a whole bunch of times,” Schumer told the State of Student Debt Summit on Wednesday, The Hill reported. “I have told him that this is more important than just about anything else that he can do on his own.”

He added that “the White House seems more open to it than ever before.” Read more…

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