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The Latest Breaking News from Elizabeth Warren

McConnell decries Biden announcement as ‘student loan socialism’

Mitch McConnell calls Biden move ‘student loan socialism’ as progressives and activists see decision as a victory

The Independent UK

SoFi, Navient Stock Prices Are Up With Biden Set To Deliver Unprecedented Student Debt Relief

President Joe Biden is expected to deliver on a campaign promise Wednesday by confirming the cancelation of federal student loan debt. Here's what we know so far ahead of Biden's speech at 2:15 p.m. EST:

Benzinga

Biden to cancel up to $20K student debt per borrower - Roll Call

President Joe Biden announced Wednesday that his administration will cancel up to $20,000 in student loan debt for eligible borrowers.

Roll Call

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Biden faces new political risks in student loan plan

He risks leaving progressive and working-class Democrats unsatisfied.

Axios

John Fetterman Proposes Prosecuting Oil Executives for High Gas Prices

Ignoring the principles of supply and demand, Fetterman thinks high gas prices should be a matter for law enforcement.

Reason

Millions of Americans will soon be able to buy hearing aids without a prescription

A new FDA rule allows adults with perceived mild to moderate hearing loss to buy hearing aids over the counter. Efforts to make them more affordable and accessible have been in the works for years.

WEKU

FDA finalizes over-the-counter hearing aid rule

WASHINGTON — The Food and Drug Administration on Tuesday finalized a rule making hearing aids for people with mild to moderate hearing loss available without requiring them to see a doctor.

Tribune News Service

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FDA finalizes over-the-counter hearing aid rule - Roll Call

The FDA finalized a long-awaited rule allowing people with mild to moderate hearing loss to buy a hearing aid without first seeing a doctor.

Roll Call

Ted Cruz under fire for crude joke saying Elizabeth Warren ‘could’ have a penis

The Texas senator was joined by Republican heavyweights at the annual Nevada event, where the group united around a message of urgency ahead of the midterm elections

The Independent UK

Expanded IRS free-file system one step closer in Dems' bill

The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system

The Independent UK

Dems look ahead to Barnes in fall race against Ron Johnson

Support has coalesced around Wisconsin Lt. Gov. Mandela Barnes to be the Democratic choice to take on Republican Sen. Ron Johnson in the state's closely watched U.S. Senate race

The Independent UK

Debate begins on massive budget package; 'vote-a-rama' awaits - Roll Call

The Senate voted to begin considering Democrats’ climate, tax and health package on a party-line vote Saturday.

Roll Call

Elizabeth Warren will not back abortion bill, urges executive action

Democrats continue to show some divide on issues important to their party, after a plan to protect abortion access was met with surprising opposition this week.

Boston Herald

After a $54 Billion Airline Bailout, Elizabeth Warren Thinks She Gets To Make the Rules

More airline workers and more flights—not bailouts and restrictions on mergers—is the better policy.

Reason

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Tribune News Service

Tax bill’s electric vehicle credit limits discouraging to some

WASHINGTON — Democrats are discussing concerns that requirements attached to their expansion of electric vehicle incentives could be too harsh and block a significant portion of cars from qualifying.

Roll Call

Tax bill's electric vehicle credit limits discouraging to some - Roll Call

Democrats are discussing concerns that requirements attached to their expansion of electric vehicle incentives could be too harsh.

Roll Call

Lawmakers want stronger oversight of troops' housing conditions - Roll Call

A bipartisan group of lawmakers filed legislation to create a Military Housing Readiness Council to monitor housing quality.

Salon

Sinema opposes tax hikes for the rich

Sinema has indicated she is "open to letting Republicans modify the bill"

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Reason

Elizabeth Warren Wants To Stop Airline Mergers, Despite Evidence That They Lower Airfares

The senator urged the Department of Transportation on Monday to regulate airline consolidation and levy heavy fines for canceled flights.

Axios

The Fed faces new political pressure as economy slows

A new op-ed from Senator Warren is a sign of the political risks ahead.

Tribune News Service

Lawmakers press Commerce secretary over Big Tech ties

WASHINGTON — Two influential progressive lawmakers are raising concerns about what they say is excessive corporate influence at the Commerce Department, escalating a clash between the left wing of the Democratic Party and Commerce Secretary Gina Raimondo.

The Independent UK

Democrats widen scrutiny of tech over abortion data privacy

Democratic lawmakers are widening their scrutiny into the role of tech companies in collecting the personal data of people who may be seeking an abortion, as lawmakers, regulators and the Biden administration grapple with the aftermath of the Supreme Court ruling ending the constitutional protections for abortion

Reason

Elizabeth Warren Wants To Shut Down All of the Country's Crisis Pregnancy Centers

Doing so would be blatantly unconstitutional.

Salon

Economists: More rate hikes won't help

After June's inflation numbers, the Fed is likely to push rates higher — at the risk of sparking a recession

Tribune News Service

Democratic bill would mandate new IRS free tax-filing program

WASHINGTON — Sen. Elizabeth Warren is leading fellow Democrats in renewing a push for the IRS to create its own free tax-filing services and move away from its current private partnership, whose services only a slim portion of taxpayers use.

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