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So why shouldn’t federal employees who are paid with taxpayer dollars be required to be in office?” the source said. Ending remote work across government is being considered a potential “early candidate” for executive orders that members of DOGE will recommend to Trump, the source said. “I can’t abandon this career,” one Library of Congress worker who lives in the Midwest told CNN. Another federal employee who works remotely told CNN that they would have to commute two to three hours to the nearest office. Other targets beyond remote workRemote work isn’t the only cost-cutting measure that is likely to be addressed through executive orders.

Persons: Donald Trump’s, Elon, Vivek Ramaswamy, Ramaswamy, “, ”, “ It’s, ” Everett Kelley, AFGE, Charlie Kirk –, –, DOGE, Kirk, doesn’t, aren’t, Musk Organizations: CNN, of Government, Republican, Trump, telework, Personnel Management, American Federation of Government Employees, Midwest, of Congress, Congress, General Services Administration Locations: Washington, DC, Washington ,

☆ What the next Trump presidency could mean for US education
▼ + stars: | 2024-11-17 | by ( Katie Lobosco | Devan Cole | ) edition.cnn.com time to read: +12 min

Here are some of the things Trump has pledged and how or whether they could become reality:Abolishing the Department of EducationPledge: Trump has repeatedly said he will close the federal Department of Education, sending authority over education back to the states and saving taxpayer dollars. Trump has distanced himself from the policy paper, but a CNN review found that at least 140 people who worked in the first Trump administration were involved. How it could be done: It’s not clear how the Trump administration could achieve these goals. But the new Trump administration could set certain requirements that schools must meet to receive federal funding. The Trump administration could decide to rescind the repayment plan, which was created by a regulatory process.

Persons: Donald Trump, ”, “, Trump, Joe Biden, Betsy DeVos, Robert Enlow, Brian Snyder, ” Trump, Derrell Bradford, Biden, it’s, It’s, Vanessa Kelly, Thomas Toch, Georgetown University’s, ” Toch, Gene J, –, doesn’t, Congress –, Trump’s, Obama Organizations: Washington CNN —, ”, Department of Education, of Education, Education, Labor, Department of Health, Human Services, Heritage Foundation, CNN, of Education’s, Civil Rights, Department of Justice, Department of Treasury, Base Andrews, Reuters Universal, Trump, Vance, “, Fox Business, Republican, Children, IX, GOP, Biden, Department, Justice, Georgetown, Georgetown University’s McCourt School of Public, Penn State University, 8th, Public, Congress Locations: Maryland, Washington

☆ President Joe Biden has forgiven over $166 billion in student debt—see how much in each state
▼ + stars: | 2024-11-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

President Joe Biden made student debt relief a focus of his administration. The mass forgiveness he promised on the campaign trail was struck down by the Supreme Court, and some of his other debt relief initiatives, like the Saving on a Valuable Education plan and his negotiated rulemaking plan, are currently tied up in court. But his administration has still managed to clear $166.5 billion in student loans, according to Department of Education data. Borrowers had an average of $38,207 of debt forgiven. "From day one of my administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity," Biden said in an October statement.

Persons: Joe Biden, Biden Organizations: Supreme, of Education, Biden

As bitcoin shoots to new heights, some stocks that trade closely with the digital currency could also see their fortunes rise. Against that backdrop, CNBC Pro screened for stocks that have the highest positive correlation with bitcoin over the past 60 days, meaning they could rise in tandem. Fellow crypto miner Riot Platforms was also on the list with an 81% correlation to bitcoin. Lesser-known names that could see a boost on further bitcoin appreciation include crypto miners Bitdeer Technologies and Hut 8 . Bitdeer has a 67% correlation to the digital currency, while Hut 8's correlation coefficient is nearly 0.7.

Persons: Bitcoin, Donald Trump, Trump, bitcoin, Mark McLaughlin, Cryptocurrency, Mara Holdings, Cantor Fitzgerald, Mara, Brett Knoblauch, MARA, Bitdeer Organizations: cryptocurrencies, CNBC Pro, New York Stock Exchange, Nasdaq, Bank of America, Bitdeer Technologies

☆ ETF world buzzing about new cash flooding into funds seen winning from Trump trades
▼ + stars: | 2024-11-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

"For example, during Trump's previous administration, deregulation in the energy sector boosted oil and gas stocks, benefiting energy ETFs." Aggregate Bond ETF (AGG) and Vanguard Total Bond Market Index Fund ETF (BND), two of the world's largest bond ETFs, and longer-term funds like iShares 20+ Year Treasury Bond ETF (TLT). Crypto ETFS having big year and getting bigger Since launching in January, crypto ETFs have attracted roughly $70 billion in assets, one of the most successful ETF launches ever. Bitcoin ETFs including the iShares Bitcoin Trust (IBIT), the largest bitcoin ETF by assets under management, have seen significant inflows since October. Rosenberg at Texas Capital acknowledges that certain ETF sectors, like industrials ( Vanguard Industrials Index Fund ETF , or VIS; iShares U.S. Industrials ETF , or IYJ), "could be hurt by more tariffs."

Persons: Trump, Tom Lydon, John Davi, iShares Russell, ROE, Matt Bartolini, Bartolini, Gavi, Edward Rosenberg, Gary Gensler, Michael Novogratz, Cathie Wood, Todd Sohn, Wood, Davi, Rosenberg, industrials Organizations: Astoria, CNBC, Potential Trump, Bank ETF, Assets ETF, Trump, ETF Research, Street Global Advisors, Regional Bank ETF, Treasury, Aggregate Bond, Vanguard, Fund, Treasury Bond ETF, Texas, SEC, Commodity Futures, Galaxy Digital Holdings, ARK, Innovation, ARKK, Downside, China ETF, Texas Capital, Index, Industrials, U.S, Edge Locations: Astoria, Congress, rulemaking, Coinbase, China, Mexico

☆ At the SEC, Trump's election victory paves the way for a rollback in regulations
▼ + stars: | 2024-11-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

Securities and Exchange Commission Chairman Gary Gensler has sought to dramatically increase regulation of corporate America, vastly increasing disclosure requirements in particular. In response, corporate America has brought an avalanche of lawsuits against Gensler and the SEC. With a new regime now coming into the SEC following Donald Trump's victory in the presidential race, how will they respond to the lawsuits? Are there are any favorites for SEC chairman? Dan Gallagher, now serving as Robinhood's chief legal officer and formerly a Republican SEC commissioner, has been floated as a possible replacement.

Persons: Gary Gensler, Donald Trump's, Larry Tabb, Gary Gensler's, Gensler, Trump, Dan Gallagher, Hester Peirce, Peirce, Mark Uyeda, Chevron Organizations: America, Securities, Exchange, Gensler, SEC, CNBC, Bloomberg Intelligence, Republican SEC, Republican, Treasury, Supreme, Chevron Locations: America, Congress

Nobody was a bigger winner than Coinbase CEO Brian Armstrong. Coinbase shares soared 31% on Wednesday, their best day on record, as investors celebrated the company's victorious efforts to get pro-crypto candidates into office. "I am so grateful to Ohioans for their resounding support in this race," Moreno said in a statement Tuesday night. "I look forward to working with the new Republican Senate majority to fix our economy, secure our border, and return to American strength at home and abroad." "In the beginning, a lot of people didn't know what crypto was," Armstrong said of his earlier trips.

Persons: Brian Armstrong, Bryan van der Beek, Coinbase, Armstrong, Ohio Republican Bernie Moreno, Sherrod Brown, Bitcoin, Brown, Moreno, Donald Trump's, Ohioans, Gary Gensler, vociferously, Bernie Moreno, Stephen Maturen, Paul Grewal, Grewal, rulemaking Organizations: Coinbase Inc, Singapore Fintech, Bloomberg, Getty, Ohio Republican, Senate, Committee, Crypto, NBC News, Republicans, Republican, Republican Senate, Armstrong, Securities, Exchange, U.S, Brecksville, Center, CNBC, Trump, SEC Locations: Singapore, Washington, Brecksville , Ohio, United States

☆ As voters cast ballots this election, some Americans are placing bets. Here’s what to know
▼ + stars: | 2024-10-30 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +7 min

The election markets have not gone unnoticed by the Republican Party’s presidential nominee, Donald Trump, who has touted his odds on social media and at campaign events. With more than 50 million ballots already cast ahead of Tuesday’s election, here’s what you need to know about election betting in the US. Robinhood, a popular stock-trading app, launched presidential election betting on Monday. PredictIt, another prediction market embroiled in a legal fight with the CFTC, also offers election contracts while its case is ongoing. Researchers, however, have long studied political prediction markets.

Persons: Donald Trump, “, Trump, Kamala Harris, Kalshi, ”, PredictIt, David G, Schwartz, ” Schwartz, Paul Rhode, Koleman Strumpf, isn’t, Elon Musk, Cantrell Dumas, it’s, ” Dumas Organizations: CNN, White, Kalshi, Republican, Democratic, Futures Trading Commission, Senate, DC, Appeals, CFTC, University of Nevada, The University of Iowa, Iowa Electronic Markets, Victoria University of Wellington, Commission, Better Locations: United States, Washington ,, Michigan, Las Vegas, New York City, Rhode, Nevada , Texas , Michigan, Iowa, New Zealand, Wisconsin, Pennsylvania

☆ 8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
▼ + stars: | 2024-10-25 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Education Department released its proposal to provide student-debt relief to borrowers facing hardship. AdvertisementPresident Joe Biden's Education Department has released another student-debt relief proposal — this time for borrowers facing hardship. "The rules proposed by the Biden-Harris Administration today would provide hope to millions of struggling Americans whose challenges may make them eligible for student debt relief." After that, the public will be able to submit comments and offer feedback to the Education Department on the plan. "If you are having to take on student debt, that is the hardship, point blank, period."

Persons: —, Joe Biden's, it's, Miguel Cardona, Harris, Cardona, Wisdom Cole, Persis Yu Organizations: Education Department, Service, Joe Biden's Education Department, Biden, Harris Administration, Federal, Education, GOP, Protection

☆ These 17 factors could soon make you eligible for student loan forgiveness
▼ + stars: | 2024-10-25 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

After a months-long negotiated rulemaking process, President Joe Biden and his administration have unveiled a new proposed regulation to provide debt relief to student loan borrowers facing financial hardship. It goes on to list 17 non-exclusive factors that could substantiate hardship. The other pathway will likely be primarily application-based and will see the department considering individual cases for debt relief using these factors or other evidence of hardship. The proposal will soon be entered into the Federal Register where it will undergo a 30-day public comment period. This debt relief action stems from the Supreme Court's ruling against President Biden's plan to enact broad student loan forgiveness in June 2023.

Persons: Joe Biden, Pell Grant, Biden's Organizations: Federal, Federal Student, Department of Education, CNBC

☆ 8 million borrowers facing financial hardship could have their student debt forgiven under new Biden proposal
▼ + stars: | 2024-10-25 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

President Joe Biden is moving forward with another student debt relief plan. An estimated 8 million federal student loan borrowers experiencing financial hardship may be eligible to have their loans forgiven — some even automatically — if the regulation is finalized as proposed, the Department of Education announced Friday. The proposed regulation is the result of a months-long process known as negotiated rulemaking where the Biden administration worked with stakeholders, experts, advocates and more to develop a plan to deliver debt relief to borrowers facing financial hardship. In the coming weeks, the proposal will head to the Federal Register where it will have a 30-day public comment period before it's finalized. Here's what borrowers may expect if the proposal is finalized as currently written.

Persons: Joe Biden, —, Biden, Harris, Education Migel Cardona, it's Organizations: Department of Education, Biden, Harris Administration, Education, Federal

☆ New regulations push electric ‘air taxis’ closer to reality, FAA says
▼ + stars: | 2024-10-22 | by ( Pete Muntean | ) edition.cnn.com time to read: +2 min

CNN —The Federal Aviation Administration has published new rules that it calls “the final piece of the puzzle” toward allowing half-helicopter, half-airplane, electric “air taxis” to start whizzing through the skies. “For the last 80 years, we’ve had two types – rotor and fixed wing,” Whitaker said. “We now have a third type.”Known as electric vertical takeoff and landing aircraft, or eVTOLs, the FAA now recognizes the designs as falling under its newly created powered lift category. Joby hopes to bring its aircraft to market by 2025, but it has yet to be certified by the FAA to carry paying passengers. “Delivering the rules ahead of schedule is testament to the dedication, coordination and hard work of the rulemaking team.”

Persons: “, Mike Whitaker, we’ve, ” Whitaker, Joby, ”, Joby’s Organizations: CNN, Federal Aviation Administration, FAA, National Business Aviation Association, Joby Aviation Locations: Las Vegas, California, U.S

☆ CNBC Sport: Why bars and restaurants are shedding 'Sunday Ticket' subscriptions
▼ + stars: | 2024-10-17 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +29 min

As a condition of that deal, EverPass included the right to build its own commercial streaming connection for "Sunday Ticket," bypassing third-party licensing. 1) Some commercial establishments are switching to EverPass's internet product. 2) Some commercial establishments are cutting the cord on pay-TV in general. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates.

Persons: Alex Sherman, DirecTV's, What's, EverPass, Lillian Rizzo, –, Everpass, It's, Craig Kilborn, Val Ackerman, Ackerman, that's, We're, Alex, you've, they're, Jeff Shell, Tom Brady, Tom Wagner, CNBC's Michael Ozanian, Jessica Golden, Brady, He'll, Wagner, Warner, Jake Piazza, CNBC's Rizzo, Nielsen, That's, — Ian Charles, Arctos, Charles, NBC's Peacock, Christian Miller, Miller, Adam Silver doesn't, Jim Dolan, Abu, Greg Norman, Norman, Rory McIlroy, Tiger Woods, Chiney Ogwumike Organizations: CNBC, NFL, Google, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, Amazon Prime, ESPN, Dish Network, Big East Conference, WNBA, Big, CNBC Sport, Skydance, Paramount Global, Shell, Paramount, Las Vegas Raiders, Knighthead, Raiders, Fox Sports, NBA, Warner Bros, Discovery, TNT, MLB, Los Angeles Dodgers, New York Mets, Mets, Revenue, League, Golden State Warriors, Boston Celtics, Philadelphia Phillies, Wall Street, Comcast, Puma, NBC News, U.S, SEC, New York Times, Sphere Entertainment, Saudi Arabia's Public Investment Fund, Sports Business, PGA, Chiney, Continent Foundation, Philadelphia Eagles, Kansas City Chiefs, Visual China, Getty, Big East Locations: Apple, New York, American, Boston , Philadelphia, Northern California, U.S, Abu Dhabi, Vegas, Queens, Africa, Newport Beach , California

☆ Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
▼ + stars: | 2024-10-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case. The ruling came before the Education Department had even published the final rule for the debt relief. That's because the lawsuit argued the relief would hurt the revenue of student-loan company MOHELA, which is based in Missouri. Advertisement"The Department of Education is extremely disappointed by this ruling," a department spokesperson told Business Insider.

Persons: Biden, —, It's, Joe Biden's, Matthew Schelp, Donald Trump, Schelp, Biden's, hasn't, servicers, Andrew Bailey, Sen, Elizabeth Warren, Trump Organizations: Education Department, Service, GOP, MOHELA, Department, Department of Education, Republican, of, Higher, Missouri, else's Ivy League Locations: Missouri, Georgia, Eastern, of Missouri

☆ Georgia judge signals a need to clarify ‘vague’ new election certification rule
▼ + stars: | 2024-10-01 | by ( Devan Cole | ) edition.cnn.com time to read: +6 min

CNN —A Georgia judge signaled Tuesday that he sees a need to bring clarity to the meaning of a “vague” new election certification rule approved by Donald Trump allies that critics say will inject chaos into the battleground state after Election Day. “That would mean that there is a window where unreviewable rules can be issued,” McBurney said. It says you may, but not that you must,” McBurney said of the examination rule. At the start of Tuesday’s trial, attorneys for all sides agreed that certification must be completed by 5:00 p.m. on November 12, as state law requires. But Democrats are still arguing that a ruling still needs to guard against county election officials who may refuse to certify the election results under the new rules.

Persons: CNN —, Donald Trump, Robert McBurney, McBurney, Purcell, Gonzalez, ” McBurney, “, ‘, it’s, ’, Trump, Kamala Harris ’, don’t Organizations: CNN, Democrats, GOP, Board, Trump, Democratic National Committee, Democratic Party of Georgia, Republican National Committee Locations: Georgia, Fulton County, “ County

☆ Many 988 callers will now get help based on where they are, not their phone’s area code
▼ + stars: | 2024-09-25 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +4 min

Before this change, 988 callers were routed to a call center based on their area code rather than physical location. Next month, the Federal Communications Commission will vote on a rule that would require all wireless carriers in the US to implement georouting for 988 calls. “In times of crisis, every minute matters – especially when seeking help for yourself or a loved one in need of mental health support. The line operates 24 hours a day, seven days a week, and comprises over 200 local crisis centers across the country. “No more 988 calls and messages will be needlessly sent to crisis centers hundreds of miles away,” Rosenworcel said.

Persons: “, ” Miriam E, Jessica Rosenworcel, SAMHSA, Dr, Sanjay Gupta, Rosenworcel, ” Rosenworcel, “ I’m, ” CNN’s Jacqueline Howard, Mira Cheng Organizations: CNN, US Department of Health, Human Services, Federal, Mental Health Services Administration, Verizon, Mobile, Federal Communications Commission, Lifeline, Prevention, CNN Health, National Alliance, Mental, FCC, HHS Locations: Los Angeles, New York

☆ Here’s what it could mean if Trump shut down the US Department of Education
▼ + stars: | 2024-09-20 | by ( Katie Lobosco | ) edition.cnn.com time to read: +7 min

We will ultimately eliminate the federal Department of Education,” he said earlier this month during a rally in Wisconsin. Previously, federal education programs were housed in other agencies. Ending the department may not eliminate federal education fundingFederal funding programs for K-12 schools that help support the education of students from low-income families and children with disabilities predated the creation of the Department of Education. Calls to abolish the Department of Education or merge it with another federal agency are not new. When Trump was president, his administration proposed merging the Education and Labor departments into one federal agency.

Persons: Donald Trump, Trump, “, I’m, ”, ” Trump, Kamala Harris, ” Harris, Jimmy Carter, Pell, Joe Biden’s, Frederick Hess, Marguerite Roza, ” Roza, Ronald Reagan Organizations: Washington CNN —, Department of Education, of Education, Democratic National Convention, National Education Association, Department, Education’s, IDEA, Civil, Joe Biden’s Department of Education, Obama, Education, American Enterprise Institute, “, Georgetown University, Brookings Institution, Republican, Labor, Republicans Locations: Wisconsin, Georgia, Israel

☆ Many Haitians in Springfield are on Temporary Protected Status — which could disappear if Trump wins
▼ + stars: | 2024-09-17 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +6 min

Read previewAround 200,000 Haitians living in the US are on Temporary Protected Status, including many of those living in Springfield, Ohio, who have been targeted by former President Donald Trump and others with baseless claims about eating pets. Trump has already called for mass deportations from the town, saying last week: "We're going to start with Springfield and Aurora." "Once a country is designated, each individual covered by the designation must apply separately for TPS status," she said, noting that existing TPS holders must also renew their paperwork with each redesignation. However, if Trump wins, Leblang told BI this is far less likely. Indeed, it already was once before when Trump sought to end TPS for certain countries during his last administration.

Persons: —, Donald Trump, Trump, Nancy Morawetz, Alejandro Mayorkas, Tom K, Wong, Harris, David Leblang, Leblang, Justin Sullivan, Lori A, Nessel, Biden, Julia Gelatt, Gelatt Organizations: Service, Trump, TPS, Haiti, Business, Biden, NYU, BI, Homeland, US Immigration Policy Center, University of Virginia, Seton Hall University School of Law, Department of Homeland Security, US Locations: Springfield , Ohio, Haitian, Springfield, Aurora, Haiti, Honduras, Nicaragua, El Salvador, Sudan, Canada

While FICO has deprioritized medical debt in credit score calculations, VantageScore removed medical debt from its calculations. The CFPB announced rulemaking to address the reporting of medical bills on credit reports that would require the credit bureaus to stop reporting medical bills entirely. How medical bills can affect your creditIn the past, credit bureaus would report medical debt the same as any other overdue bills, and could cause your credit score to drop. Protecting your credit from medical billsWhile unpaid medical debt doesn't have the same impact on your credit score as an unpaid credit card bill, it can impact your credit nonetheless. Consider medical credit cards or loansInstead of a traditional credit card, consider a medical credit card or loan.

Persons: FICO, rulemaking, doesn't, —, Experian, VantageScore, Biden, Tiffany Cross, Rick Eicheldinger, You'll, Cross Organizations: Consumer Financial Protection Bureau, CFPB Locations: United States, U.S

☆ A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
▼ + stars: | 2024-09-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Even with the financial burden his student debt has brought him, Larry said he has tried to remain optimistic about the prospect of debt relief, given President Joe Biden and Vice President Kamala Harris' actions during their term. Larry and millions of other student-loan borrowers will have to keep waiting. It's the same argument a different group of GOP states used that led the Supreme Court to strike down Biden's first attempt at broad debt relief last summer. Their arguments are based on internal documents the states obtained from the Education Department to federal student-loan servicers regarding preparation to implement its second try at broader debt relief. According to the documents, the Education Department sent a memo to MOHELA saying, "In September of 2024, the Biden-Harris Administration will launch the Federal Student Loan Debt Initiative."

Persons: missouri Larry, bachelor's, Larry —, —, Larry, Joe Biden, Kamala Harris, I've, they've, I'm, Biden, Biden's, Luke Herrine, Herrine, Harris, Sen, Bill Cassidy, MOHELA, he's Organizations: Service, Business, Higher, University of Alabama, GOP, Department of Education, Education Department, Biden, Harris Administration, Federal, Loan, Initiative, Department, Republican Locations: missouri, Georgia's, Missouri, Missouri , Georgia, Alabama , Arkansas, Florida, North Dakota, Ohio

☆ 401(k) rollover advice rule is at risk. Here's what retirement savers need to know
▼ + stars: | 2024-08-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Two federal district courts in Texas issued a national "stay" of the regulation, in separate rulings in July. The rule will "create a level playing field" for all trusted investment professionals, according to a Labor Department spokesperson. "The insurance industry can continue to advise investors and sell annuities, without giving advice that is imprudent, disloyal, or tainted by misrepresentations or overcharges," the spokesperson said. Current retirement rollover advice rules stay in effectIn the meantime, the current status quo remains in effect, attorneys said. Current rules let brokers give investment advice that earns them a higher commission but isn't in savers' best interests, the Labor Department said during the rulemaking process.

Persons: Julie Su, Chip Somodevilla, Fred Reish, Drinker Biddle, didn't Organizations: Getty, U.S, Northern, Northern District of, American, of, United States Department of Labor, Americans, Consumer Choice, Department of Labor, Labor Department, Department of Justice, Biden, National Association of Insurance, Financial Advisors, National Association Locations: Texas, Northern District, Northern District of Texas, ACLI, NAIFA, Dallas, Fort Worth

☆ Flying Is Awful, but New Ways to Fix Air Travel Are on the Way
▼ + stars: | 2024-08-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +13 min

The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.

Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, —, it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business

☆ President Biden is moving forward with another student debt relief plan—you have until August 30 to opt out
▼ + stars: | 2024-07-31 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

President Joe Biden is making another move to forgive student debt for millions of borrowers. Borrowers will have until August 30 to contact their loan servicer to opt out of any relief they may otherwise receive. The administration says if the rules are finalized as drafted, eligible borrowers shouldn't have to take any action to see debt relief. Borrowers who choose to opt out, however, will not have the opportunity to opt back in. "By providing more information to borrowers on how they can take advantage of our upcoming debt relief programs, borrowers will be prepared to benefit swiftly once the rules are final," Biden said in a statement.

Persons: Joe Biden, Harris, Education Miguel Cardona, Cardona, Biden Organizations: Biden, Harris Administration, Education

☆ States target AI and deepfakes as election interference threat looms
▼ + stars: | 2024-07-31 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +7 min

While Michigan, Washington, Minnesota, Texas and California already had laws regulating deepfakes, Minnesota updated their law this year to require a candidate to forfeit their office or nomination if they violate the state’s deepfake laws, among other provisions. In states such as New York, New Mexico and Alabama, victims can seek a court order to stop the content. Katie Hobbs signed his proposal into law in May, along with another AI bill that requires disclosures in campaign ads. Big Tech has already taken some steps to moderate deepfake content. TikTok and Meta (the parent company of Instagram, Threads and Facebook) announced plans in recent months to label AI content, while YouTube requires creators to disclose when videos are AI-created.

Persons: deepfakes, Amy Beth Cyphert, Cyphert, Alexander Kolodin, Kolodin, it’s, ”, Katie Hobbs, Robert Weissman, Chuck Schumer, Sen, Mitch McConnell, Weissman, Sean Cooksey, It’s, Jessica Rosenworcel, ” Jonathan Uriarte, there’s, Dar’shun Kendrick, “ there’s, ” Kendrick, Alex Curtas, CNN’s Oliver Darcy, Sean Lyngaas, Donie O’Sullivan, Yahya Abou, Ghazala Organizations: CNN, Republican, Democrat, Department of Homeland Security, West Virginia University’s College of Law, ” Arizona Democratic Gov, Big Tech, Meta, YouTube, Swift, Public Citizen, House, Federal, Commission, Federal Communication Commission, FCC, . State Locations: Florida, Hawaii , New York , Idaho , Indiana, New Mexico , Oregon , Utah , Wisconsin , Alabama, Arizona, Colorado, Michigan, Washington , Minnesota , Texas, California, deepfakes, Minnesota, New York, New Mexico, Alabama, Florida , Mississippi, Utah, Wisconsin, Oregon and Mississippi, statehouses, robocalls, Georgia, . Arizona

☆ Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.
▼ + stars: | 2024-07-31 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

On Wednesday, the Education Department announced it was taking another step toward implementing its plan to cancel student debt using the Higher Education Act of 1965. A copy of the email reviewed by Business Insider told borrowers that "if you WANT to be included in potential student debt relief, you don't need to take any action." "Today, my Administration took another major step to cancel student debt for approximately 30 million Americans," Biden said in a statement. "Despite attempts led by Republican elected officials to block our efforts, we won't stop fighting to provide relief to student loan borrowers, fix the broken student loan system, and help borrowers get out from under the burden of student debt." The Education Department released its draft rules for debt relief in April.

Persons: —, Joe Biden's, Biden, Harris, Miguel Cardona Organizations: Service, Education Department, Higher, Business, finalization, Republican, Biden, Harris Administration

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