Schumer, Warren push for $50K in student debt cancellation after Biden balks Tal Axelrod © Greg Nash Schumer, Warren push for $50K in student debt cancellation after Biden balks
Senate Majority Leader Charles Schumer (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.) are pressing President Biden to use his executive power to cancel $50,000 per borrower in student debt after he balked at the idea at a Tuesday town hall. An ocean of student loan debt is holding back 43 million borrowers and disproportionately weighing down Black and Brown Americans. Cancelling $50,000 in federal student loan debt will help close the racial wealth gap, benefit the 40% of borrowers who do not have a college degree, and help stimulate the economy. It s time to act. We will keep fighting, Warren and Schumer said in a joint statement on Wednesday.
Schumer, Warren push for $50K in student debt cancellation after Biden balks
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Biden balks at $50K student loan forgiveness plan
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Simbo Olorunfemi writes that Okonjo-Iweala as Director-General of the WTO is an unprecedented diplomatic victory for Nigeria
When President Buhari on June 4th, 2020 announced the withdrawal of the candidacy of Ambassador Yonov Frederick Agah, Deputy Director-General and Nigeria’s Permanent Representative to the World Trade Organisation (WTO) for the position of Director-General for the organisation, replacing him with Dr Ngozi Okonjo-Iweala, quite a few feathers were ruffled, home and abroad. At home, some could not find justification for taking out a man with such depth of experience on international trade and WTO in particular, having been with the organisation since 2005 when he was appointed Nigeria’s Ambassador to the WTO, serving as Chair of the WTO’s General Council in 2011, among other notable positions.