Trumps
The Trump administration is beginning a complicated process of transferring millions of student-loan borrowers to a new agency. Loading audio narration… The Treasury Department confirmed in an April letter to Sen. Elizabeth Warren — released on Monday — that it has started preparations to take over the Department of Education’s…
It’s official: millions of student-loan borrowers will face sweeping repayment changes this summer. Loading audio narration… On Thursday, President Donald Trump’s Department of Education announced its final rule for its student-loan repayment overhaul, which includes new borrowing caps and repayment plans that will go into effect on July 1.Nicholas Kent,…
Private student-loan lenders have big things in store for federal borrowers. Loading audio narration… During earnings calls in late April, the leaders of major private lenders, including Sallie Mae and Navient, said that they’re ready to compete for federal borrowers once President Donald Trump’s sweeping repayment changes take effect in…
The federal government says it’s going to review ABC’s broadcast licenses — a move that came a day after Donald and Melania Trump both called on ABC to punish Jimmy Kimmel. Loading audio narration… What does that mean for Kimmel and everything else that airs on ABC?For now, nothing. But…
The Department of Justice will drop its probe into Federal Reserve Chair Jerome Powell, US Attorney Jeanine Pirro announced Friday. Loading audio narration… She said the Inspector General for the Fed has been asked to “scrutinize the building costs overruns — in the billions of dollars — that have been…
When people see the White House for the first time in person, they often remark that it looks small from the outside.Matt Costello, spokesperson for the White House Historical Association, told Business Insider that appearances can be deceiving.”There’s a lot more to the White House than meets the eye,” he…
“Many are saying I’m the best 140 character writer in the world. It’s easy when it’s fun,” then-private-citizen Donald Trump wrote in a 2012 tweet. Loading audio narration… In the nearly two decades since his first Twitter post, Trump’s social media updates have evolved from well-wishes, promotional posts, and inspirational…
The next Fed chair may be one of the wealthiest men to ever hold the job. Loading audio narration… Kevin Warsh, a financier and bank executive nominated by President Donald Trump to be Chairman of the Federal Reserve, is worth well over $100 million, according to a financial disclosure made…
A federal judge in Florida handed Donald Trump a setback in court Monday, tossing his lawsuit against Rupert Murdoch over a Wall Street Journal article about the president’s relationship with Jeffrey Epstein. Loading audio narration… US District Judge Darrin Gayles ruled that the paper’s story, published last year about a…
H-1B visa filings fell at major financial firms like Goldman Sachs and JPMorgan last year, while other major firms, like Citi, increased their petitions compared to the same time the previous year. Loading audio narration… This is the first data available showing how the financial industry reacted to President Donald…
