TELETRADER News
6/8, 12:42 AM
(Source: TeleTrader)
Biden vetoes measure overturning student loan plan
United States President Joe Biden on Wednesday used his veto power to reject a congressional resolution that opposed his plan to reduce student loan debt.
The move was anticipated and comes at a time when the Supreme Court is considering the legality of the plan. The president called the attempt to overturn the debt forgiveness scheme an "unprecedented attempt to deny critical relief to millions," criticizing the lawmakers for having their own business loans "forgiven by the Federal Government."