Proposal for alternative asset rule for 401(k) plans by the Labor Department
Department of Labor Proposes New Rule for 401(k) Plans The Department of Labor announced on Monday a proposal aimed at making it easier to add alternative assets like cryptocurrencies, real estate, and private market investments into 401(k) plans. This move follows an executive order from President Donald Trump in August, which instructed the Department of […]
Education Department Reveals Schedule to Release 7,500,000 Borrowers Caught in Biden’s ‘Unlawful Student Loan Relief Plan’
Department of Education Updates Student Loan Borrowers On Friday, the Department of Education (ED) started informing 7.5 million federal student loan borrowers who are currently in expired SAVE plans that they will need to switch to legal repayment options, or they risk being automatically reassigned. Beginning July 1, federal loan servicers will send formal notices […]
Education Department finalizes 10th agreement in effort to close down
A recent statement from a Department of Education (ED) official highlighted the growing concern among employees about potential job losses due to President Donald Trump’s directive, suggesting that the department’s existence is being questioned. Undersecretary of Education Nicholas Kent mentioned that efforts are ongoing to shift education authority back to state governments, aiming to empower […]
Justice Department cancels citizenship of 2 and focuses on a 3rd in marriage fraud case
Justice Department Moves to Denaturalize Criminals The Justice Department announced on Thursday the successful denaturalization of two individuals who “secured U.S. citizenship through fraudulent means” and has initiated a lawsuit to revoke the citizenship of a third individual accused of marriage fraud. Attorney General Pam Bondi emphasized that this action underscores the Department’s commitment to […]
Housing Department investigates housing assistance in blue states based on racial eligibility criteria
HUD Investigates Washington State Housing Program The Department of Housing and Urban Development (HUD), under the Trump administration, announced on Tuesday that it is investigating a housing initiative in Washington state, suspecting that the program may be extending mortgage assistance based on race. This inquiry is focused on the Covenant Homeownership Program, which the Washington […]
Education Department Moves Forward with Plans to Close in Collaboration with Treasury
Department for Education Transfers Student Lending to Treasury The Department for Education (ED) has made a notable decision to transfer student lending responsibilities to the Treasury, marking a significant shift in its operations. This action aligns with an executive order from President Donald Trump aimed at dissolving the department. Established 45 years ago under President […]
Education Department Begins Two Additional Inquiries into Harvard University
Education Department Launches New Investigations Into Harvard On Monday, the Ministry of Education announced that two new investigations into Harvard University have been initiated, focusing on claims of discrimination and anti-Semitism. The Office for Civil Rights (OCR) of the Department of Education is looking into whether the prestigious institution is still engaging in unlawful race-based […]
Justice Department agrees to $1.2 million settlement with Michael Flynn in lawsuit
DOJ Settles with Michael Flynn Over Russian Contacts The Department of Justice (DOJ) announced on Wednesday that it has reached a settlement with Michael Flynn, who served as President Donald Trump’s national security adviser. This conclusion comes after a prolonged legal battle concerning his interactions with Russian diplomats during the Mueller investigation. Though official court […]
Bill by Tom Cotton mandates that universities reveal visa holders to the Department of Homeland Security.
New Bill Demands Reporting of Visa Holders in Higher Education Senate Intelligence Chairman Tom Cotton (R-Ark.) has introduced a new bill aimed at enhancing scrutiny over foreign nationals in U.S. universities. The proposed legislation, known as the Education Visa Transparency Act, seeks to mandate that publicly funded institutions report all visa holders among students, faculty, […]
Education Department loses its largest budget item in Trump shutdown effort and other major headlines
Good morning. Here’s what’s happening today… Top Stories 1. Department of Education facing a budget crisis due to Trump’s push for a government shutdown. 2. Details come to light following the recovery of the black box from the LaGuardia crash. 3. President Trump begins a five-day suspension as Iran minimizes talk of “very good” negotiations. […]