Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and retirement benefits. In a new U.S. Department of Education memo obtained by CNBC,
Capital One acknowledges ‘outage’ as users report issues accessing deposits
Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to complaints on social media platform X, a Capital One representative said the bank was experiencing a
Trump’s House GOP allies demand swift confirmation of Cabinet picks amid delays
FIRST ON FOX: A group of House Republicans is urging the Senate to act fast on confirming President-elect Trump's Cabinet nominees amid dramatic hearings and some recent delays in the process. "As elected officials, Congress is tasked with reflecting the will
Nancy Pelosi to skip Trump inauguration ceremony: report
Former Speaker Nancy Pelosi, D-Calif, plans to skip President-elect Trump's inauguration next week, her office told ABC News on Thursday. Pelosi has attended 11 inauguration ceremonies, including Trump's first in 2017. Her office has not provided an explanation for her absence,
Trump transition team asks 3 State Department officials to resign: report
Trump’s transition team has reportedly asked three senior career diplomats to step down from their roles, according to Reuters. Dereck Hogan, Marcia Bernicat and Alaina Teplitz, the career diplomats who were allegedly asked to leave their roles, oversee the State
6 Dem-supporting billionaires Biden didn’t mention while calling out political ‘oligarchy’
President Biden is warning Americans of an "ultra-wealthy" "oligarchy" taking shape that is presenting a danger to the country, but did not mention in his farewell speech Wednesday night the numerous billionaires that have supported his campaigns in recent years. Biden
House Freedom Caucus draws battle lines on reconciliation fight after presenting plan to Trump
FIRST ON FOX: The conservative House Freedom Caucus is preparing to release a proposal for Republicans' planned conservative policy overhaul that would raise the debt limit by two years or roughly $4 trillion, Fox News Digital is told. Congressional Republicans are
‘No better dealmaker’: Trump reportedly considering executive order to ‘save’ TikTok
President-elect Trump is seeking to "save" the popular Chinese-owned social media app TikTok, according to his transition team – even if the Supreme Court looks to enforce a federal law that could essentially outlaw it in the U.S. When questioned on
Kirby ‘confident’ Americans in Gaza will be freed Sunday amid reports of Israel, Hamas deal holdup
White House national security communications adviser John Kirby said Thursday morning that he is "confident" that a cease-fire and hostage exchange deal can still be "implemented" Sunday as families of two Americans slated for immediate release await answers. "There's a deal," Kirby
Trump, Vance official portraits released ahead of inauguration
The Trump-Vance Transition Team unveiled on Thursday the administration's official portraits of President-elect Donald Trump and Vice President-elect JD Vance. "In just four days, Donald J. Trump will be sworn in as the 47th President of the United States and JD