The Federal Reserve and the White House unite for a day at the heart of Biden’s political problem

WASHINGTON, DC - MAY 20: A newly redesigned $100 banknote is placed in batches at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC.  The $100 bills will be issued this fall and have new security features, such as a duplicate image of Benjamin Franklin and added microprinting to make the bill more difficult to counterfeit.  (Photo by Mark Wilson/Getty Images)

CNN – Two centers of power in Washington on Wednesday revealed the politically toxic dynamics of the major economic issue threatening President Joe Biden’s majority in Congress as the midterm elections approach less than a week away. The Fed triggered another historic rate hike, and about half a mile away in the White House, Biden … Read more

Why do Republicans love it when Biden talks about the economy?

CNN – President Joe Biden is in trouble. He has no choice but to talk about the economy in the interior of the midterm elections — it’s the issue, given 40 years of high inflation and rising gas prices, that worries voters the most. But in doing so, he is calling attention to the greatest … Read more

The Biden administration says student loan forgiveness applications are now open through the trial mode website

CNN – The Biden administration has opened the application process to Americans seeking student debt relief in a trial period beginning Friday night, officials told CNN, allowing applicants to begin applying before the site is officially revealed later this month. In August, President Joe Biden announced his decision to cancel up to $10,000 in student … Read more

Student loan forgiveness: Judge considers whether Biden’s plan can move forward

Washington CNN – A US district judge could soon decide whether to temporarily block implementation of President Joe Biden’s student loan forgiveness program after hearing a proposal for a preliminary injunction on Wednesday. Six Republican-led states filed a lawsuit last month to challenge the policy’s legality and are asking the court to issue a preliminary … Read more