A federal judge will not renew a temporary restraining order that has blocked the Biden-Harris administration’s comprehensive student loan payout plan from moving forward, a plan that could affect tens of millions of Americans. The current version of student loan forgiveness could be applicable to as many as 75 percent of those who have federal student loans, CNBC reported.
U.S. District Judge Randal Hall in Georgia, a President George W. Bush appointee, made the decision Wednesday. It is seen as a victory for both the Democratic administration and Democratic presidential candidate Kamala Harris, who can tout the package on the campaign trail with Election Day just over a month away.
The decision was prompted by a lawsuit against the taxpayer-funded spending from seven red states: Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio. They said the US Department of Education was illegally trying to cancel student debt.
Hall said that Georgia had no basis to sue over the debt relief plan and ruled that the case be moved to Missouri, since the dissenting states argue the Biden-Harris payout will most adversely affect student loan servicer Mohela, or the Missouri Higher Education Loan Authority. On Thursday, the Republican-led states inquired whether a federal judge in Missouri would keep the payout plan on hold and the answer was no. […]
— Read More: thepostmillennial.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.