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Group of U.S. attorneys general urge President Joe Biden to cancel $50K in student debt

Group of U.S. attorneys general urge President Joe Biden to cancel $50K in student debt

Business
Feb. 19 (UPI) -- A group of attorneys general from more than a dozen states called on President Joe Biden and Congress Friday to cancel up to $ 50,000 in federal student loan debt per borrower, an issue that the new administration has yet to fully embrace. In a letter addressed to Biden, the group asked the president to take executive action supporting Senate Resolution 46 and House Resolution 100, two separate measures that aim to cancel the same debt. Advertisement "When borrowers are unable to manage their Federal student loan repayment, the consequences can be catastrophic," the group wrote in the letter. "As many as one in five federal student loan borrowers are in default. Many are unable to manage their debt due to disability, illness, or job loss." The attorneys general argue tha...
Trump to be sued over foreign payments by attorneys general

Trump to be sued over foreign payments by attorneys general

World
Officials in Maryland and Washington DC are expected to sue Donald Trump for accepting payments from foreign governments via his business empire.The lawsuit cites the US constitution's emoluments clause, which says no federal official should receive a gift or a fee from a foreign government.The legal action alleges "unprecedented constitutional violations" by the US president, the Washington Post reports.It would be the first such lawsuit filed by government entities.A non-governmental organisation, Citizens for Responsibility and Ethics in Washington, lodged a similar legal action in January.At that time, Mr Trump told a reporter in the Oval Office the case was "totally without merit". He has not yet commented on the latest move.Another legal headache - Analysis by Anthony Zurcher, BBC Ne...