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Trump team looks to roll back student debt relief in latest move targeting American pocketbooks: Live

President-elect announced on Monday proposed tariffs on some of nation’s biggest trade partners

Oliver O'Connell,Joe Sommerlad
Tuesday 26 November 2024 17:57 EST
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Special Counsel Jack Smith moves to dismiss charges against Donald Trump in election interference and classified documents cases

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President-elect Donald Trump and his team are now looking at rolling back some student debt relief that was started under President Joe Biden, according to a report.

Transition advisers and friends have been discussing ways to undo Biden-era programs designed to help those crippled by student debt, according to Politico. It is unclear exactly how many borrowers could be impacted or which relief programs are most at risk.

For years Republicans have launched attacks on Biden’s programs to ease the burden of those with student loan debt.

The revelation could lead to millions of Americans having to pay more each month, the latest in worrying economic news for the incoming White House. On Monday, Trump vowed to impose massive tariffs on China, Canada and Mexico with the aim of stopping drug smuggling, an announcement that left the markets reeling in fear of a new trade war with Beijing.

The threatened double-digit tariffs would likely have major impacts on key sectors of the US economy, including auto manufacturing, crude oil and agriculture, all of which involve trade with the targeted countries.

The measures could also further drive inflation, hitting the American consumer.

Trump adviser accused of trying to profit from position

Boris Epshteyn, a longtime Trump adviser aiding with the presidential transition process, has been accused of trying to profit off his position within Trump’s circle, according to a CBS News report. 

Former Missouri Governor Eric Greitens submitted a sworn declaration to the transition team claiming Epshteyn implied he would advocate for Greitens to have an appointed position unless it benefited him financially.

"Mr. Epshteyn’s overall tone and behavior gave me the impression of an implicit expectation to engage in business dealings with him before he would advocate for or suggest my appointment to the President,” the sworn declaration, seen by CBS News, said.

Epshteyn denied all wrongdoing calling the allegations “fake and defamatory” as a way to “distract” people.

Ariana Baio25 November 2024 22:00

Trump’s federal election interference case is dismissed

Judge Tanya Chutkan has granted Jack Smith’s request to dismiss the federal election interference indictment against Donald Trump, officially ending the case – at least for the next four years.

Following the precedent that sitting presidents cannot be indicted or prosecuted, Chutkan agreed to dismiss the charges against Trump ahead of his inauguration.

“Dismissal without prejudice is also consistent with the Government’s understanding that the immunity afforded to a sitting President is temporary, expiring when they leave office,” Chutkan wrote.

Ariana Baio25 November 2024 21:47

Bird flu virus found in raw milk on California farm as RFK Jr continues to advocate its use

As Robert F. Kennedy Jr., the incoming administration’s pick to lead the Department of Health and Human Services, continues to tout the use of raw milk, California health authorities acted Sunday to recall raw milk that had been contaminated with bird flu.

While no illnesses have been reported, the state’s Department of Public Health warned residents against drinking the batch of cream top, whole raw milk from Fresno County’s Raw Farm LLC and advised consumers to return the product to where it was purchased.

Julia Musto reports:

Bird flu found in raw milk on California farm as RFK Jr continues to advocate its use

California health authorities also reported the nation’s first case of H5 bird flu in a child last week

Ariana Baio25 November 2024 21:30

Some GOP senators hope more of Trump’s cabinet picks follow Gaetz’s lead

Some Republican senators are “privately hoping” that other controversial Trump cabinet nominees will follow Matt Gaetz’s lead and drop out of the running, according to a report.

Gaetz bowed out of consideration to be attorney general last Thursday following intense scrutiny over resurfaced sexual allegations from his past. The former congressman said he was “unfairly becoming a distraction” to the Trump administration’s agenda.

Now some GOP lawmakers are turning their attention to Trump’s cabinet picks of Pete Hegseth, tapped for defense secretary, Robert F. Kennedy Jr. for health and human services secretary and Linda McMahon as education secretary, The Hill reports.

Hegseth and Kennedy Jr are likely to face tough questions over sexual misconduct allegations, which they deny, at Senate hearings next year, while McMahon could be asked about accusations of failing to prevent the sexual abuse of teenage WWE workers.

“My expectation, not just my hope, is that some of these people may be weeded out in the process before they ever get to a hearing,” one Republican senator who requested anonymity told The Hill.

Rhian Lubin25 November 2024 21:00

Adam Schiff says Justice Department ‘failed'

Congressman Adam Schiff reprimanded the Justice Department and court system for failing after Jack Smith motioned to dismiss the cases against Donald Trump.

“The Justice Dept and the court system failed to uphold the principle that no one is above the law. DOJ by neglecting to promptly investigate the events of Jan 6, and the courts by willfully delaying progress of the case and providing immunity. The public deserved better,” Schiff wrote.

Ariana Baio25 November 2024 20:30

New York City district attorney resigns ahead of Trump inauguration

Damian Williams, the US Attorney for the Southern District of New York, announced he will step down from his position, effective December 13, ahead of Donald Trump taking off in January.

“Today is a bittersweet day for me, as I announce my resignation as United States Attorney for the Southern District of New York. It is bitter in the sense that I am leaving my dream job, leading an institution I love that is filled with the finest public servants in the world. It is sweet in that I am confident I am leaving at a time when the Office is functioning at an incredibly high level – upholding and exceeding its already high standard of excellence, integrity, and independence,” Williams said.

Williams pursued cases against Senator Bob Menendez, FTX founder Sam Bankman-Fried, Ghislaine Maxwell, and recently Sean “Diddy” Combs.

Edward Kim, the Deputy United States Attorney, will become the Acting United States Attorney upon Williams’ departure.

Ariana Baio25 November 2024 20:00

Trump endorses CFO of Florida to replace Gaetz

Trump, on Monday, endorsed Jimmy Patronis – the chief financial officer to the state of Florida – to replace outgoing congressman Matt Gaetz to represent Florida’s 1st congressional district, despite Patronis not launching a bid for the seat yet.

Patronis, who has served as chief financial officer of Florida since 2017, is a Republican who promoted a bill that would give Trump up to $5 million in taxpayer funds to pay his legal bills. Although the bill was filed, it was later withdrawn after Governor Ron DeSantis threatened to veto it.

Trump called Patronis a “wonderful friend” and highlighted his stance on protecting gun rights, bolstering the military, securing the border and growing the border.

Patronis has until Monday to submit his notice of resignation to run in the Republican primary.

“Should he decide to enter this Race, Jimmy Patronis has my Complete and Total Endorsement. RUN, JIMMY, RUN!” Trump wrote on Truth Social.

Ariana Baio25 November 2024 19:30

Smith asks to abandon classified documents case

Smith also asked the 11th Circuit Appeals Court to abandon his appeal to re-instate the classified documents case against Trump on Monday – but noted he would continue pursuing the case against co-defendants Walt Nautu and Carlos de Oliveira.

The classified documents case accused Trump and his co-defendants of knowingly and willfully retaining boxes that contained classified information, some containing national security information, at Trump’s home Mar-a-Lago home after leaving office.

Prosecutors said Trump did not cooperate with authorities’ attempt to give the documents back to the National Archives when he left office. Trump denied all wrongdoing and all three co-defendants pleaded not guilty.

A district judge in Florida initially dismissed the case against the three earlier this year, claiming Smith was improperly appointed. Prosecutors were in the midst of appealing that ruling when Trump was elected president.

Ariana Baio25 November 2024 19:15

Trump team celebrates motion to dismiss election interference case

“The American People re-elected President Trump with an overwhelming mandate to Make America Great Again. Today’s decision by the DOJ ends the unconstitutional federal cases against President Trump, and is a major victory for the rule of law. The American People and President Trump want an immediate end to the political weaponization of our justice system and we look forward to uniting our country,” Steven Cheung, Trump Communications Director, said in a statement

Ariana Baio25 November 2024 19:00

Understanding the federal election interference case against Trump

Last year, the Justice Department brought a criminal indictment against Trump for his actions leading up to and after the 2020 presidential election. Now, that indictment – and the damning accusations – are likely to be thrown out.

Alex Woodward explains the case here:

Trump’s election interference case, explained

A sprawling Justice Department probe into the former president and his allies yielded four criminal charges in a stunning indictment outlining a path to power at whatever cost, Alex Woodward reports

Ariana Baio25 November 2024 18:45

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