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☆ 3 top Democratic lawmakers are calling for an investigation into a major student-loan company, accusing it of 'loan forgiveness mismanagement' for millions of borrowers
▼ + stars: | 2024-02-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewThree top Democratic lawmakers want federal and state officials to investigate a major student-loan company. AdvertisementThey called on the CFPB and attorneys general to "investigate MOHELA and pursue action to the fullest extent possible under the law. We’re standing with @theSBPC and @AFTunion in expressing outrage at MOHELA’s student loan mismanagement. Since student-loan payments resumed in October after an over three-year pause, federal servicers have been under scrutiny over their handling of the return to repayment. AdvertisementIn January, the Education Department withheld varying amounts of pay from the other three federal servicers for the same reason.

Persons: —, Chuck Schumer, Elizabeth Warren, Bernie Sanders, MOHELA, they're, Biden, — Chuck Schumer, Warren Organizations: Service, Democratic, Consumer Financial Protection Bureau, Business, Protection, American Federation of Teachers, Sunshine Law, AGs, Education Department Locations: Sens, Missouri

☆ Employees at the student-loan company named in a major lawsuit blocking Biden's debt relief were confused about their involvement in the case: 'Are we the bad guys?'
▼ + stars: | 2023-06-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Employees at student-loan company MOHELA were confused about their role in one of the lawsuits blocking debt relief. MOHELA has denied involvement in the case, and Supreme Court justices were skeptical of its standing. But it appears MOHELA employees weren't given a heads-up they would be called into this major lawsuit. Millions of borrowers are waiting for the Supreme Court to issue its final decision on the legality of Biden's debt relief, which could happen in the coming weeks. Do you work at MOHELA or another student-loan company and want to share your story?

Persons: MOHELA, —, Joe Biden's, Cori Bush, Bush, James Campbell, Campbell, Ella Azoulay, Amy Coney Barrett Organizations: Student, Protection, Service, Employees, GOP, Missouri Sunshine, Missouri Rep, Missouri Attorney Locations: Missouri, Nebraska, MOHELA

☆ Ron DeSantis allies on Disney oversight board threaten company with taxes, rate hikes and affordable housing
▼ + stars: | 2023-04-19 | by ( Steve Contorno | ) edition.cnn.com time to read: +6 min

“It really is shameful what Disney tried to do,” board chairman Martin Garcia said. However, Disney in February reached agreements with the outgoing board that seemed to render the body powerless to control the entertainment giant. Garcia said that the agreements went unmentioned by a representative for Disney when the two sides met soon after DeSantis appointed the new board. “Our board truly wished to work with Disney,” Garcia said. The board plans to vote at its April 26 meeting to void the previous agreements reached with Disney.

Florida Governor Ron DeSantis speaks during an event on his nationwide book tour at Adventure Outdoors, the largest gun store in the country, on March 30, 2023 in Smyrna, Georgia. Disney didn't immediately respond to a request for comment about DeSantis' desire for a probe. The agreement was signed on Feb. 8, the day before the Florida House voted to put DeSantis in charge. The Florida governor took aim at Disney after the company publicly balked at Florida's HB 1557 law early last year. HB 1557, dubbed by critics as the "Don't Say Gay" bill, limits early education teachings on sexual orientation or gender identity.

☆ DeSantis warns Disney World he'll take a third swing at them after the company wrote in a loophole that collapsed his takeover plan
▼ + stars: | 2023-03-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

DeSantis warned that Disney hadn't seen the last of their feud: "There's more to come." "There's a lot of little back and forth going on now with the state control," DeSantis said, the audience booing at the mention of Disney. The governor-appointed board is talking to lawyersIn his new book, DeSantis has a chapter about the dust-up with Disney and how he retaliated against the company. He even revealed that he and his wife, Casey DeSantis, got married at Walt Disney World — a fact first reported by Insider. "The media STILL doesn't realize that Governor DeSantis always thinks 10 steps ahead," Christina Pushaw from the governor's rapid response team wrote on Twitter.

☆ Ron DeSantis' plan to take control of Disney's land backfired spectacularly because of a loophole in the agreement that may reduce his appointees to powerless functionaries
▼ + stars: | 2023-03-30 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Ron DeSantis gained control of Walt Disney World's oversight district board in February. Ron DeSantis' move to take over Walt Disney World's governing board in Florida may have backfired due to a prior obscure agreement that new governor-appointed board members argue stripped them of their power. Disney also had the authority to appoint district board members. But the new supervisors are now saying that previous board members entered an agreement that effectively stripped them of their powers. "All these board members very much would like to see the type of entertainment that all families can appreciate."

☆ Disney's Florida surprise: an end run around DeSantis
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: +2 min

[1/2] People gather at the Magic Kingdom theme park before the "Festival of Fantasy" parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Florida lawmakers passed a bill in February giving Governor Ron DeSantis effective control over a board that oversees municipal services and development in a special district that encompasses Walt Disney World resort. "It completely circumvents the authority of this board to govern," board member Brian Aungst Jr. was quoted as saying. Disney's then-chief executive officer, Bob Chapek, publicly voiced disappointment with the measure, saying he called DeSantis to express concern about it becoming law. In a move political observers viewed as retaliation for Disney's criticism of the Parental Rights in Education Act, Florida lawmakers passed legislation that ended Disney's virtual autonomy in developing 25,000 acres in central Florida where its theme parks are located.

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