House GOP spending leader: ‘I doubt we will have a pause on the debt limit’
On Sunday, House Budget Committee Chairman Tom Cole (R-Okla.) expressed skepticism about the possibility of a “debt limit suspension.” This came shortly after Treasury Secretary Scott Bescent urged Congress to raise the debt ceiling by mid-summer. “I don’t think there’s any chance for a debt limit suspension because Republicans prefer to keep revisiting this topic,” […]
Amtrak postpones East River Tunnel repairs by two weeks after MTA issues, coinciding with Adams’ appeal to the federal government to pause.
It’s hit a snag. Amtrak has decided to delay the start of the East River Tunnel closure by two weeks, a decision that comes after concerns from Mayor Eric Adams, Governor Kathy Hochul, and others about the impact on commuting for millions. The rehabilitation project for the East River Tunnel is now slated to start […]
Media reacts with sorrow as the student loan pause concludes.
After a five-year hiatus, the federal student loan repayments began again on May 5th, and many in the media have labeled this change as unfortunate for those with loans. U.S. Secretary of Education Linda McMahon emphasized that taxpayers shouldn’t be held accountable for poor student loan policies. She remarked that the Biden administration had made […]
GBP/USD holds steady above the mid-1.3200s as traders pause before the Bank of England meeting this week – FXStreet
GBP/USD is finding it tough to make significant progress as a new week begins. Rising expectations for aggressive Fed rate cuts are bolstering the dollar, affecting the pairing. GBP bulls seem hesitant ahead of Thursday’s Bank of England (BOE) policy meeting. The GBP/USD pair opens the week on a cautious note, trading within a narrow […]
Trump expresses willingness to extend the pause on the TikTok ban once more.
In a recent interview, President Trump indicated that he might extend the ban on TikTok if the app’s parent company fails to sell its interests in social media platforms by the upcoming deadline. “Let’s discuss Professor TikTok. If no deals are in place, will we push that deadline? You’re already—you’re already,” he remarked. Trump then […]
NEWS: White House press briefing, Boca Raton plane crash, latest tariff pause updates
White House press secretary Karoline Leavitt is set to hold a briefing for the President Trump administration on Friday around 1:00 … source
House Committee Hits Pause on Crucial Medicaid Vote Amidst Disputes
The House Energy and Commerce Committee has postponed a crucial vote on packages laden with President Trump’s legislative goals due to ongoing disputes regarding possible Medicaid reductions. Initially, the committee aimed to advance the markup for a vote on May 7, as stated by a committee aide to Hill. However, on Thursday, members were informed […]
Pinterest is pushing teens to close the app and pause notifications at school: ‘Stay in the moment’
Pinterest is taking part in a movement to drive children out of their phones. Social media platforms are testing new pop-ups that appear to minors in the US and Canada during class hours and are encouraging them to close the app until the bell rings. “Focus is beautiful,” the prompt reads, According to Verge. “Place […]
DoEd to Restart Involuntary Student Debt Collection After Pandemic Pause
The Department of Education (DOED) is preparing to resume unwilling debt collections for its default federal student loan portfolio after suspending collections during the Covid-19 pandemic, the department announced Monday. The Federal Student Aid Agency (FSA) will officially resume collections of its default federal student loan portfolio on May 5th. Until then, default borrowers have […]
DOJ asks Supreme Court to reject ACLU request to pause deportations
The Trump administration asked the Supreme Court on Saturday afternoon to reject an emergency request to suspend alien enemy laws to quickly detain immigrants to El Salvador in parts of Texas. In the court application, D. Attorney General John Sauer asked the High Court to “disband his current administrative stay.” Emergency orders Until the High […]