Nation
Biden admin to review authority to cancel student debt via executive action

President Joe Biden has requested that Education Secretary Miguel Cardona prepare a memo on the president’s legal authority to cancel student debt, White House chief of staff Ron Klain told Politico in a Thursday interview.
“Hopefully we’ll see that in the next few weeks,” Klain said of the memo. “And then he’ll look at that legal authority, he’ll look at the policy issues around that and he’ll make a decision.”
“He hasn’t made a decision on that,” Klain added, “either way, in fact, he hasn’t yet gotten the memos that he needs to start to focus on that decision.”
The Department of Education (DOE) memo is being conducted in tandem with the Department of Justice, with the DOE spearheading it.
The chief of staff’s remarks come as Democrats in Congress—such as Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.)—are calling for Biden to sign an executive order canceling up to $50,000 in student debt, as NBC News noted. Lawmakers, though, have acknowledged that they didn’t have the required GOP backing to pass a bill that would do the same.
While Biden during the 2020 presidential campaign expressed support for canceling up to $10,000, he has stated he doesn’t think he carries the legal authority to unilaterally eliminate as much as $50,000 without congressional action.
“I understand the impact of debt, and it can be debilitating,” Biden said at a town hall event in February. “I am prepared to write off the $10,000 debt but not $50 [thousand], because I don’t think I have the authority to do it.”
44.7 million Americans—one out of five—have student loan debt, according to the latest Federal Reserve data, with there being $1.71 trillion in total U.S. student debt.
You can follow Douglas Braff on Twitter @DouglasPBraff.

Nation
Rep. Matt Gaetz Confronts Speaker McCarthy in Fiery House GOP Meeting

In a closed-door House GOP conference meeting on Thursday morning, tensions flared as Rep. Matt Gaetz (R-Fla.) confronted Speaker Kevin McCarthy (R-Calif.), accusing him and his allies of orchestrating an online campaign against him with the help of “MAGA influencers.”
According to reports from Fox News, the exchange was marked by what was described as “fireworks.” Gaetz directly addressed McCarthy, alleging that “MAGA influencers” had been paid to attack him on social media. McCarthy promptly denied the accusation, dismissing Gaetz’s claims.
Speaker McCarthy dismissed Gaetz’s allegations, indicating that he had no intention of engaging in such activities. In the same meeting, another source revealed that McCarthy questioned Gaetz’s commitment to the GOP’s goals, pointing out that he was personally dedicating his efforts to allocate $5 million to support GOP candidates and members with the aim of strengthening their majority in the near future. McCarthy’s remark seemed to challenge Gaetz regarding his contributions toward achieving a stronger Republican majority.
In response to Gaetz’s allegations, some members of the GOP caucus expressed frustration. According to a second source, one lawmaker told Gaetz to “f— off,” while another referred to him as a “scumbag,” according to reports.
Gaetz confirmed the confrontation to reporters as he exited the meeting, explaining, “I asked him whether or not he was paying those influencers to post negative things about me online.” He also confirmed McCarthy’s response, saying, “Yeah, that is what he said.”
When asked about his feelings toward McCarthy during and after the exchange, Gaetz remarked, “My blood pressure is like 120 over 80. So I’m feeling great.”
A spokesperson for Speaker McCarthy categorically denied any involvement in the alleged online campaign, attributing it to a Democrat-backed entity. In support of this claim, Fox News Digital reportedly obtained a screenshot of a cease-and-desist email sent by McCarthy’s outside lawyer to the individuals allegedly behind the campaign.
Furthermore, the email asserted that the campaign falsely claimed to act on behalf of Speaker McCarthy and his affiliated entities and warned of legal consequences if the actions continued.
The exchange in the House GOP meeting underscores the ongoing tension between Gaetz and McCarthy. Gaetz has been threatening to force a House-wide vote on McCarthy’s speakership, alleging violations of a deal struck to secure McCarthy’s election as Speaker in January.
Under the terms of that compromise, McCarthy agreed to allow any lawmaker to trigger a vote on his removal, known as a “motion to vacate.” While Gaetz had hinted at pursuing such a motion earlier in the week, he sidestepped questions on the matter during the recent meeting with reporters.
In the midst of this contentious atmosphere, Gaetz emphasized his current focus on advancing single-subject spending bills, deflecting inquiries regarding the motion to vacate and maintaining his dedication to legislative efforts.
The confrontation between Gaetz and McCarthy underscores the complex dynamics within the Republican caucus as it navigates internal divisions and confronts ongoing challenges on Capitol Hill.
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