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Biden administration extends pause on federal student loan repayments through August
CNN
The Biden administration is extending a pause on federal student loan repayments through August 31. The repayment freeze, which has been in place since the beginning of the pandemic, had been scheduled to expire on May 1.
The repayment freeze, which has been in place since the beginning of the pandemic, had been scheduled to expire on May 1.
In a statement Wednesday, President Joe Biden acknowledged that the economy is stronger than it was a year ago but that "we are still recovering from the pandemic and the unprecedented economic disruption it caused."
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Former President Donald Trump is back in Washington for the first time since becoming the presumptive Republican nominee, holding a pair of significant, closed-door meetings with key congressional allies, vice presidential hopefuls and even a few former outspoken opponents – all of whom are expected to line up behind him this fall.
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Leaders representing the Group of Seven nations are set to announce as soon as Thursday an agreement to loan money to Ukraine backed by the profits from frozen Russian investments, according to sources familiar with the discussions, providing a new source of revenue to a war-torn nation facing a steep and costly road to recovery.