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☆ A student-loan company that services millions of borrowers played a big role in defeating Biden's debt cancellation plan
▼ + stars: | 2023-06-30 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Supreme Court struck down Biden's student-loan forgiveness plan by a 6-3 vote. The majority said the six GOP-led states had standing to involve student-loan company MOHELA in its lawsuit against the plan. Chief Justice John Roberts wrote in the majority opinion that "the plan's harm to MOHELA is also a harm to Missouri." At the time, she asked the lawyer representing the states: "Why didn't the state just make MOHELA come then?" The majority didn't see it that way — and Biden's broad student-debt relief plan is effectively blocked.

Persons: MOHELA, —, Joe Biden's, Brown, — Biden, . Nebraska —, John Roberts, Roberts, Cori Bush, Amy Coney Barrett, You've, Liberal Justice Elana Kagan, Kagan, SCOTUS, Rep, Alexandria Ocasio, Cortez Organizations: GOP, MOHELA, Service, US Department of Education, . Nebraska, Republican, State, Missouri Rep, Student, Liberal, Missouri Higher Education Loan Authority, Higher, Democratic, Twitter Locations: ., Missouri, Alexandria

☆ Schumer slams 'MAGA-captured Supreme Court' that now has led the right to achieve 'dangerous, regressive policies'
▼ + stars: | 2023-06-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Chuck Schumer unloaded on the Supreme Court after a pair of 6-3 rulings on Friday. The top Senate Democrat called the body a "MAGA-captured Supreme Court." The cases were 303 Creative LLC v. Elenis and Biden v. Nebraska, respectively. "The ill-founded and disappointing decisions from the Supreme Court are a stark reminder that it will take a sustained effort to rebalance our federal courts ...," Schumer said. Schumer's past criticism of the Supreme Court has drawn more than just eyebrows.

Persons: Chuck Schumer, MAGA, —, Joe Biden's, Schumer, Biden, Elenis, ProPublica, Clarence Thomas, Samuel Alito, Thomas, Alito, Mitch McConnell, McConnell, Barack Obama, Antonin Scalia's, Donald Trump's, Amy Coney Barrett, Brett Kavanaugh, Neil Gorsuch, John Roberts, Roberts, Elena Kagan's Organizations: Democrat, Service, Biden, New York Democrat Locations: Colorado, . Nebraska, Nebraska

☆ Biden says he will 'stop at nothing to find other ways' to get student-loan forgiveness to millions of borrowers after the Supreme Court struck down his plan
▼ + stars: | 2023-06-30 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +2 min

The Supreme Court struck down Biden's student-loan forgiveness plan on Friday. Biden said in a statement that "the fight is not over," and he will find other ways for relief. "My Administration's student debt relief plan would have been the lifeline tens of millions of hardworking Americans needed as they try to recover from a once-in-a-century pandemic," he said. "I believe that the Court's decision to strike down our student debt relief plan is wrong," he added. Some Democratic lawmakers have urged Biden to use the Higher Education Act of 1965 to cancel student debt, which does not require a national emergency.

Persons: Biden, —, Joe Biden, Brown Organizations: Service, US Department of Education, . Nebraska, Administration, Democratic Locations: .

☆ Alexandria Ocasio-Cortez warns of 'economic crisis for millions of people' after SCOTUS threw out Biden's plan for student-debt forgiveness
▼ + stars: | 2023-06-30 | by ( Eliza Relman | Noah Sheidlower | Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Rep. Ocasio-Cortez condemned the Supreme Court's ruling striking down Biden's student debt plan. She also accused the Supreme Court of corruption. "Justice Alito accepted tens of thousands of dollars in lavish vacation gifts from a billionaire who lobbied to cancel the student loan forgiveness," Ocasio-Cortez tweeted. The New York Democrat noted that the SCOTUS ruling does not strip away Biden's ability to pursue student-loan forgiveness. Schumer and other Democrats similarly accused Supreme Court justices of hypocrisy and corruption by receiving gifts from billionaires, while denying millions of needy Americans debt relief.

Persons: Cortez, —, Alexandria Ocasio, Joe Biden's, Samuel Alito, Alito, Brown, Biden, SCOTUS, Donald Trump, Chuck Schumer, MAGA, Schumer Organizations: New, New York Democrat, Biden, Service, US Department of Education, . Nebraska, GOP, Department of Education, Higher, Democratic, MAGA Republican Locations: New York, Alexandria, Cortez, .

Democratic lawmakers reacted with fury to the Supreme Court's decision striking down Biden's student-loan forgiveness plan. The Court found Biden's plan to forgive up to $20,000 in debt for millions of Americans illegal. The Supreme Court decision came in two separate rulings on Friday. The President has more tools to cancel student debt — and he must use them," Warren tweeted on Friday morning. Rep. Barbara Lee, a California Democrat, noted that student debt disproportionately impacts Black and brown Americans, tweeting, "we cannot accept a return to the failed status quo."

Persons: Biden, —, Joe Biden's, Chuck Schumer, MAGA, Pell Grant, Brown, Sen, Elizabeth Warren, they've, Pramila, Roe, Warren, Barbara Lee Organizations: Service, Privacy, Democratic, MAGA Republican, US Department of Education, . Nebraska, GOP, —, California Democrat, CNN Locations: ., Massachusetts, California

☆ Student-loan borrowers are about to find out if they'll get Biden's debt cancellation
▼ + stars: | 2023-06-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Supreme Court will decide on Biden's student-loan forgiveness plan on Friday. It's an issue justices highly scrutinized during oral arguments for the student-debt relief cases in February. Of course, past rulings are not a clear indicator of what the court will decide on student-loan forgiveness — and the issue remains highly controversial. Some Democratic lawmakers, meanwhile, have vowed to do whatever it takes to ensure student-loan borrowers can get relief — and the White House continues to maintain confidence in the legality of Biden's plan. We certainly hope the Supreme Court agrees, because we know all too well what the stakes are for millions of students."

Persons: Biden, —, Brown, It's, . Texas —, Amy Coney Barrett, Brett Kavanaugh, General, Olivia Dalton, we've Organizations: Service, . Nebraska, US Department of Education, Republican, Education Department, . Texas, GOP, Democratic, DOJ Locations: ., Missouri, United States

☆ Student-loan borrowers are less than 24 hours away from finding out if they'll get Biden's debt cancellation
▼ + stars: | 2023-06-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Supreme Court will decide on Biden's student-loan forgiveness plan on Friday. It's now up to the Supreme Court to decide if the loan forgiveness is legal, or if it cannot move forward. It's an issue justices highly scrutinized during oral arguments for the student-debt relief cases in February. Of course, past rulings are not a clear indicator of what the court will decide on student-loan forgiveness — and the issue remains highly controversial. We certainly hope the Supreme Court agrees, because we know all too well what the stakes are for millions of students."

☆ The fate of millions of student-loan borrowers is set to be decided this week
▼ + stars: | 2023-06-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Supreme Court is set to decide on Biden's student-loan forgiveness plan this week. Recent rulings from the court could shed light on how it might handle the debt relief cases. The Supreme Court is now entering the last week of its term, and it's set to hand down all remaining decisions on pending cases. And recent rulings from the Supreme Court shed light on how justices are taking a stricter look at standing issues . Of course, it's unclear if the Supreme Court will handle the student-debt cancellation cases in the same manner.

Persons: —, Joe Biden's, Biden's, Brown, Biden, Amy Coney Barrett, Brett Kavanaugh, Barrett, Kavanaugh, they're, Alexandria Ocasio, Cortez Organizations: Service, US Department of Education, GOP, Liberal, Indian Child Welfare, . Texas, Texas, Department of Homeland Security, Education Department, Democratic, New York Rep Locations: . Nebraska, Brackeen , Texas, States, ., Texas, Alexandria, United States

☆ Why Biden's student-loan forgiveness plan might not be doomed after 2 new rulings from conservative Supreme Court justices
▼ + stars: | 2023-06-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Two recent Supreme Court rulings have struck down cases due to a lack of states' standing to sue. In February, the Supreme Court heard oral arguments in the two lawsuits that paused the implementation of Biden's plan to cancel up to $20,000 in student debt for federal borrowers. And that's what the Supreme Court has done with two recent rulings. "In Justice Barrett's own words, the ruling for student debt relief should be 'open and shut' in favor of mostly low-income families burdened with the crushing weight of student debt." Student loan borrowers and advocates gather for the People's Rally To Cancel Student Debt During The Supreme Court Hearings On Student Debt Relief on February 28, 2023 in Washington, DC.

Persons: —, Joe Biden's, Brown, Biden, they'd, Amy Coney Barrett, Barrett, Brett Kavanaugh, Kavanaugh, Braxton Brewington, Barrett's, Countess, MOHELA, James Campbell Organizations: GOP, Service, US Department of Education, Republican, Indian Child Welfare, . Texas, Department of Homeland Security, Supreme, Relief, Getty, Nebraska who's Locations: . Nebraska, Texas, States, ., Louisiana, Washington ,, United States, scrutinizing, Missouri

☆ Conservative Justice Brett Kavanaugh rules states can't sue the government just over 'indirect' harm from a federal policy. One of the lawsuits blocking Biden's student-debt relief involves 6 states d
▼ + stars: | 2023-06-23 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Justice Brett Kavanaugh authored a new opinion that ruled two states didn't have standing to sue the government. It's the second case led by a conservative justice that scrutinizes a state's standing to sue. The Supreme Court ruled 8-1 that the states lack standing to bring the suit, with Justice Sam Alito as the lone dissent. "But in our system of dual federal and state sovereignty, federal policies frequently generate indirect effects on state revenues or state spending. Kavanaugh's opinion was, of course, only responding to the Texas case and there was no reference to the pending student-debt relief cases.

Persons: Brett Kavanaugh, didn't, —, Joe Biden's, Kavanaugh, Sam Alito, they'd, Brown, Biden, MOHELA, weren't, Ketanji Brown Jackson, Amy Coney Barrett, Barrett Organizations: GOP, Service, Conservative, . Texas, Department of Homeland Security, US Department of Education, . Nebraska, Republican, Indian Child Welfare Locations: States, ., Texas, Louisiana, United States

☆ Justice Sam Alito took a luxury fishing trip with a billionaire who supports a group that wants to block Biden's student-loan forgiveness
▼ + stars: | 2023-06-21 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

ProPublica reported that Justice Sam Alito took a luxury fishing trip with billionaire Paul Singer in 2008. Both Singer and Alito denied discussing any business interests related to SCOTUS cases on the trip. That group also filed an amicus brief with the Supreme Court asking it to block Biden's relief plan — a decision the court is expected to hand down in the coming days. The spokesperson also said that Singer did not have "any pending matters before the Supreme Court, nor could Mr. Singer have anticipated in 2008 that a subsequent matter would arise that would merit Supreme Court review." "On no occasion have we discussed the activities of his businesses, and we have never talked about any case or issue before the Court," Alito wrote.

Persons: ProPublica, Sam Alito, Paul Singer, Singer, Alito, SCOTUS, —, Jr, Joe Biden's, Biden, Brown, SBPC, Paul Singer's, Miguel Cardona Organizations: Manhattan Institute, GOP, Service, Republican, Congress, Street, Protection Center, . Nebraska, US Department of Education, Network, Judicial, Democratic, Biden Locations: —, Alaska, ., Brown, Brown and Nebraska

☆ A major lawsuit challenging Biden's student-loan forgiveness might have just been undermined by a new ruling from conservative Justice Amy Coney Barrett
▼ + stars: | 2023-06-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Justice Amy Comey Barrett may have signaled how the Supreme Court might rule on student-loan forgiveness. In a Thursday ruling, Barrett said Texas did not have standing to sue the federal government on behalf of its citizens. The Supreme Court majority opinion, authored by Barrett, ruled 7-2 that none of Texas' challenges had any merit, upholding the ICWA. He also noted that in addition to proving parens patriae standing, states must also prove they meet the basic requirements of constitutional standing. Still, the states may have a stronger case for standing in the student-debt case than Texas did.

Persons: Amy Comey Barrett, Barrett, Biden, —, Joe Biden's, Amy Coney Barrett, David Nahmias, Barrett —, MOHELA, James Campbell, Campbell, Nahmias Organizations: GOP, Service, Indian Child Welfare, Biden, ., UC Berkeley Center, Federal Government, Republican, MOHELA Locations: Texas, There's, . Nebraska, , Texas, State, Nebraska

That is the lowest initial corn rating since 59% GE in 2019 and below the five-year average of 71%. The timing of initial corn conditions depends on emergence and has spanned May 24 to June 9 in the latest five years. Since crop conditions began in 1986, all but one of the strong U.S. corn yields coincided with initial ratings above 70% GE. Initial U.S. corn conditions and yieldHigher crop ratings have not always led to success. The highest-ever initial corn rating of 81% in 1991 preceded a very poor crop as the critical months of July and August were much too dry.

Persons: Corn, Beans, Karen Braun, Matthew Lewis Organizations: U.S . Department of, GE, Nebraska, Reuters, Thomson Locations: NAPERVILLE , Illinois, U.S, Iowa, Illinois, Indiana, Nebraska, , Minnesota, North Dakota

☆ There's another legal route Biden can use to cancel student debt, and the Supreme Court's latest move shows the justices could be open to it
▼ + stars: | 2023-04-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +9 min

The Supreme Court rejected an appeal to halt debt relief for borrowers who say they were defrauded. The Higher Education Act has been floated as another way for Biden to pursue his debt-relief plan. The Supreme Court is already considering whether Biden's plan to cancel up to $20,000 in student debt for federal borrowers is legal. Activists and students protest in front of the Supreme Court during a rally for student-debt cancellation in Washington, DC, on February 28. Still, along with the lawsuits against broad debt relief, the payment pause is also being challenged — leaving millions of borrowers in financial limbo.

☆ Warren Buffett's Berkshire Hathaway faces a brutal mix of economic headwinds. It will capitalize on the chaos, 8 experts say.
▼ + stars: | 2023-04-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +10 min

Berkshire Hathaway faces high inflation, rising rates, and a potential recession and credit crunch. Warren Buffett's company will weather the storm and scoop up the bargains that emerge, experts say. Experts say Berkshire's ample cash reserves, strong brands, and prudent management will enable it to comfortably navigate a harsh economic environment. "Shareholders who plan on holding Berkshire for years into the future should hope for a near-term bear market in stocks. Brian Gongol, longtime Buffett follower and Berkshire shareholder:"It's better to be in Berkshire's shoes during challenging times than during a boom.

☆ Will student loan forgiveness pass the Supreme Court? Here's what we know so far
▼ + stars: | 2023-03-02 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +7 min

WASHINGTON, DC - People rally in support of the Biden administration's student debt relief plan in front of the the U.S. Supreme Court on February 28, 2023 in Washington, DC. This week, the Supreme Court heard oral arguments from both supporters and opponents of President Joe Biden's student debt forgiveness plan. Student loan borrowers have the most immediately at stake, but the high court's ruling and rationale could have bigger implications for the government. Nebraska solicitor general, James Campbell, who represented the state plaintiffs, responded that "the state speaks for MOHELA." Will student loan forgiveness pass?

☆ The Supreme Court heard Biden's loan forgiveness case today. Here's when we expect the court to rule on student loans.
▼ + stars: | 2023-02-28 | by ( Michelle Mark | ) www.businessinsider.com time to read: +6 min

The Supreme Court heard arguments on Tuesday over President Biden's student loan forgiveness plan. Both cases the Supreme Court heard on Tuesday are seeking to permanently block his policy from taking effect. But it wasn't until August of 2022 that Biden announced he would use the HEROES Act of 2003 to enact his long-promised student loan forgiveness plan. Biden's use of the HEROES Act to enact a vast student loan forgiveness plan caused immediate controversy. The Supreme Court heard oral arguments regarding two challenges to Biden's loan debt relief plan on Tuesday.

☆ Student debt forgiveness heads to the Supreme Court—here's what borrowers need to know
▼ + stars: | 2023-02-28 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +4 min

Activists and students protest in front of the Supreme Court during a rally for student debt cancellation in Washington, DC, on February 28, 2023. The Supreme Court hears oral arguments this week against and for President Joe Biden's student debt forgiveness plan. The Biden administration has appealed both rulings, maintaining the president is within his authority to cancel federal student debt. Who will benefit the most from student debt forgiveness? What happens if the Supreme Court stops debt forgiveness?

☆ Biden's student-loan forgiveness is about to have its day at the Supreme Court. Here's everything you need to know.
▼ + stars: | 2023-02-25 | by ( Ayelet Sheffey | Oma Seddiq | ) www.businessinsider.com time to read: +8 min

The Supreme Court will hear two challenges to Biden's student-debt-relief plan on Tuesday. But the Biden administration has defended its legal authority and expressed confidence that the Supreme Court will uphold the plan. Prominent figures in the legal and political worlds have weighed in on the two high-profile Supreme Court cases in dozens of briefs filed to the Supreme Court. More than 170 Republican members of Congress have argued against Biden's relief, along with 17 Republican-led states, the US Chamber of Commerce, and over a dozen conservative-leaning advocacy groups. Millions of student-loan borrowers' financial futures hang in the balance.

☆ Abortion could be a general election trap as Republicans battle for the GOP presidential nomination, with polling for the party's position in the basement
▼ + stars: | 2023-02-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Anti-abortion views could be a major boost in the nomination fightMajorities of most religious groups favor abortions being legal in most or all cases. Only four major religious groups had a majority of followers that did not favor abortion legality. Politico reported that Trump's team thinks it has a way to emphasize Trump's role in the historic decision without getting bogged down by unpopular abortion views. PRRI's polling found that 66% of Ohioans, 64% of Floridians, and 54% of Nebraskans favor making abortion legal in most or all cases. The nation has slowly moved toward supporting making abortion legal in some or most cases.

Florida could soon become the 26th state to allow individuals to carry concealed loaded guns anywhere without permits — a growing trend that has alarmed gun safety groups. “Constitutional carry” and “permitless carry” laws eliminate the requirement. Permitless carry laws get rid of that requirement. “Permitless carry causes harm, and there is data to prove it,” said Shannon Watts, a board member at the gun violence prevention group Everytown for Gun Safety. She pointed to multiple studies showing that states that have implemented permitless carry have had upticks in both gun violence and police shootings.

☆ Their colleges banned TikTok over security fears. These students vow it won't stop them from scrolling.
▼ + stars: | 2022-12-28 | by ( Daysia Tolentino | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kahlan-Rosenblatt.Jpg | ) www.nbcnews.com time to read: +7 min

But a handful of students at the affected universities who spoke with NBC News say the newly enacted policies won’t stop them from scrolling their For You pages. Kay Ivey banned TikTok on state-owned devices and networks on Dec. 12, citing cybersecurity issues and fears over Chinese spying. Lawmakers in the U.S. House and the Senate also proposed a bipartisan bill to ban TikTok federally on Dec. 13. A University of Oklahoma spokesperson said the school is complying with Stitt’s executive order. Texada said he felt that TikTok, beyond helping with marketing, has also been a resource for the university community, particularly international students.

☆ Gambling, Marijuana and Taxing the Rich Will Be on Midterm Ballots
▼ + stars: | 2022-11-08 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Voters across the U.S. on Tuesday will decide the fate of dozens of consequential ballot measures, from legalizing marijuana to taxing the rich. Several states, including Maryland and Arkansas, are considering whether to legalize recreational marijuana, while five states, including Alabama and Louisiana, could open the door to ending the use of involuntary prison labor. Nebraska and Nevada voters could boost the minimum wage in their states. Other hot-button issues in Tuesday’s elections including gambling, immigration and guns are also the subject of state-level referendum campaigns.

☆ Live Results: Nebraska votes in congressional and state elections
▼ + stars: | 2022-11-08 | by ( Walt Hickey | ) www.businessinsider.com time to read: +1 min

Explore more race results below. Polls close in the state at 7 p.m. in the mountain time zone and 8 p.m. in the central time zone. It symobilizes the 2022 Election. Nebraska will also elect a new governor this cycle. Polls close in the state at 7 p.m. in the mountain time zone and 8 p.m. in the central time zone.

U.S. corn yield is now nearly 10 bushels per acre lower than the earliest projections, though the trade has anticipated that decline very well. Analysts have nearly nailed the last two corn yield estimates, their best-known performance for these months. When considering all of the past 20 years, U.S. soybean yield in January was lower than in October eight times. This is the third month in a row where USDA’s corn yield is lower than in the previous month. In the last 20 years, U.S. corn yield was lower in both September and October four other times, most recently in 2020.

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