Canceling student debt would be 'very unfair' and favor those who make 'lots of money in their lifetime,' former Fed Chair Bernanke says
Ben Bernanke, who served as Fed chair from 2006-2014, told the NYT canceling student debt would favor the rich over those "who didn't go to college."
news.yahoo.comBiden set to redeploy U.S. troops to Somalia, reversing Trump withdrawal
US army soldiers stand at an observation point during the "African Lion" military exercise in the Tan-Tan region in southwestern Morocco on June 18, 2021. WASHINGTON — President Joe Biden approved a plan to redeploy U.S. troops to Somalia, a senior administration official confirmed to NBC News. The official said that U.S. troops already stationed overseas would move to Somalia. The New York Times, which first reported the move, cited unnamed officials saying several hundred troops would be deployed. The Times also reported that Biden had signed off on the proposal from Secretary of Defense Lloyd Austin earlier this month.
cnbc.comDonald Trump Jr. says Biden's student-loan forgiveness plans will force workers who didn't go 'to college to get drunk for four years' to pay for 'worthless gender study degrees'
Biden wants to "bail out a bunch of upper-middle-class kids" by canceling student debt, Donald Trump Jr. told The Washington Post.
news.yahoo.comThe White House fires back at Jeff Bezos, saying it 'doesn't require a huge leap' to understand why he opposed an economic agenda that taxes the super-rich
Bezos lambasted the White House for pushing a plan he claimed would worsen inflation, and said Manchin "saved them from themselves."
news.yahoo.comNew Mexico governor seeks more US aid for wildfire response
New Mexico’s governor is asking for additional federal assistance to respond to wildfires burning across the state’s north, including one that is the second-largest in the state’s history and that officials estimate has destroyed hundreds of homes.
Jeff Bezos said the new 'disinformation board' should review Biden's tweet that tied high inflation to low corporate taxes, calling it 'misdirection'
Biden said making "sure the wealthiest corporations pay their fair share" could lower inflation, but Amazon's Bezos said the issues weren't connected.
news.yahoo.comFatal boat trip highlights Haitians fleeing violence
Haitians are fleeing in greater numbers to the neighboring Dominican Republic, where they step onto rickety wooden boats as they attempt to reach Puerto Rico — a trip in which 11 Haitian women drowned this week, with dozens of other migrants believed missing.
Allies of Marcos Jr. set to dominate Philippine Congress
Allies of Ferdinand Marcos Jr., the presumptive next president of the Philippines, appear set to dominate both chambers of Congress, alarming activists after the late dictator son's apparent election victory restored his family to the seat of power.
U.S. civil rights enforcers warn employers against biased AI
The federal government said Thursday that artificial intelligence technology used to screen new job candidates or monitor worker productivity can unfairly discriminate against people with disabilities, sending a warning to employers that the commonly used hiring tools could violate civil rights laws.