The Biden administration has announced that it will cancel $1.2 billion in federal student loans for around 153,000 borrowers. This is President Joe Biden’s second attempt at large-scale student loan cancellation, after the Supreme Court overturned his initial plan last summer.
President Biden’s brother, James Biden, testified in a closed-door deposition before Congress on Wednesday. He told House impeachment investigators that the president was not involved in his business dealings.
Boeing has removed executive Ed Clark, the head of its 737 Max passenger jet program, after a number of safety-related incidents. The company announced a leadership reshuffle in its commercial airplanes unit.
