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Making Waves: The SEC Publishes Final Climate Disclosure Rules

Key Points - On Wednesday, March 6, 2024, the SEC in a 3-2 vote adopted “The Enhancement and Standardization of Climate-Related Disclosures for Investors” (Final Rule). The Final Rule will require public companies to...more

Fall Congressional Outlook

Introduction - Congress returns from the August recess with a robust agenda and limited time to pursue it. The calendar is further constrained by the September 30 deadline to pass appropriations packages or a continuing...more

White House and House Republicans React and Respond to SCOTUS Student Debt Forgiveness Decision with Competing Approaches

Following the Supreme Court’s June 30, 2023 ruling determining that the Biden-Harris administration did not have authority to carry out its student debt forgiveness plan, the administration released a fact sheet detailing new...more

Supreme Court Releases Landmark College Admissions Decision

On June 29, 2023, the U.S. Supreme Court released its highly anticipated decision that overturned 45 years of protection for colleges and universities considering the race of applicants in their admissions process. The Court...more

Supreme Court Rules Against Biden Administration’s Student Loan Forgiveness Plan

On June 30, in Biden v. Nebraska, the Supreme Court ruled against the Biden administration’s student loan relief plan in a 6-3 decision. The plan, which was estimated to impact more than $430 billion of student loan...more

House Republicans Pass Parental Bill of Rights Act; No Path Forward Expected in Democrat-Controlled Senate

H.R. 5, the Parental Bill of Rights Act, passed in the House of Representatives on Friday, March 24, 2023 by a vote of 213 – 208. Only Republicans supported the bill and five Republicans – Reps. Andy Biggs, Ken Buck, Matt...more

Biden-Harris Administration Announces New Avenues to Provide Federal Student Loan Borrowers with Relief

Building on its previous efforts to reduce the cost of federal student loans, the Department of Education (DOE), as directed by the Biden-Harris administration, proposed a new rule on Tuesday, January 10, that would reform...more

Biden-Harris Administration Extends Student Debt Repayment Moratorium in Light of Loan Forgiveness Litigation

As litigation surrounding the Biden-Harris administration’s student debt forgiveness plan persists, the administration announced an extension of the student loan repayment pause through June 30, 2023. In an announcement...more

Biden-Harris Administration Announces New Guidelines for the Discharge of Federal Student Loans

Last week, the Department of Justice (DOJ) and the Department of Education (DOE) distributed guidance to the legal community clarifying the process for the discharge of federal student loans in bankruptcy proceedings. The...more

Federal Judge Rules Biden-Harris Administration’s Federal Student Debt Relief Plan Unconstitutional

On Thursday, November 11, Judge Mark Pittman of the U.S. District Court for the Northern District of Texas released a decision that found the Biden-Harris administration’s Federal Student Debt Relief Plan was...more

Biden-Harris Administration Finalizes New Higher-Education Regulations: Changes to the 90/10 Rule, Prison Education Programs and...

On Thursday, October 27, the Department of Education (DOE) announced new regulations that carry out provisions of the Inflation Reduction Act (H.R. 5376) regarding oversight of-profit colleges, expanding Pell grants to...more

Federal Appeals Court Temporarily Blocks the Biden-Harris Administration’s Student Debt Relief Plan: Secretary Cardona Responds...

Late on Friday, October 21, the 8th Circuit Court of Appeals issued a stay of the Biden-Harris administration’s Student Debt Relief Plan while it considers a lawsuit brought by six Republican state attorneys general to block...more

Supreme Court and U.S. District Court Reject Legal Bids Contesting the Biden-Harris Administration’s Student Debt Relief Program

On Thursday, October 20, the Biden-Harris Administration’s Student Debt Relief Program prevailed in two early legal cases challenging the plan. Justice Amy Coney Barrett denied an emergency bid to obstruct the program from a...more

Biden-Harris Administration Opens Application for Student Debt Relief Program and Reports Eight Million Americans Have Already...

On the afternoon of Monday, October 17, President Biden announced via Twitter and press release that the Department of Education (DOE) has officially launched the application for its Student Debt Relief Plan. Borrowers can...more

Biden-Harris Administration Releases Preview of the Student Debt Relief Application Form

On Tuesday, October 11, the Biden-Harris administration and the Department of Education (DOE) provided a preview of the student debt relief application they had announced earlier in the year. Published on the White House’s...more

White House Releases Additional Information Regarding Federal Student Loan Forgiveness Plan: Applications Available in October;...

On Thursday, September 29, the Biden-Harris administration and the Department of Education (DOE) released two updates to the three-part student debt relief plan they announced in August. These updates include guidance on...more

White House Announces Federal Student Loan Forgiveness Plan and Final Repayment Moratorium Extension

On Wednesday, August 24, the Biden-Harris administration and Department of Education announced a three-part student debt relief plan aimed at making the student loan system more manageable for those with existing student loan...more

Lawmakers Unveil Landmark Bipartisan Privacy Proposal

Key Points - Three of the four bipartisan leaders of the House and Senate committees with jurisdiction over data privacy have struck a deal on a comprehensive federal bill, the American Data Privacy and Protection Act,...more

Biden-Harris Administration Second Chance Opportunities Include Expanded Pell Grants to Incarcerated Individuals

As part of its broader initiative to expand opportunities for formerly incarcerated people, on Tuesday, April 26, 2022, the Biden-Harris administration announced a series of policy changes that included expansion of its...more

Further Extension of the Federal Student Loan Repayment Moratorium

On Wednesday, April 6, 2022, the Biden-Harris administration further extended the moratorium on federal student loan repayment, interest and collections through Wednesday, August 31, 2022. This postponement marks the fourth...more

Sea Change: The SEC Makes Waves with New Proposed Climate Disclosure Rules

Key Points - On Monday, March 21, 2022, the SEC in a 3-1 vote proposed amendments to require public companies to provide certain climate-related information in their registration statements and annual reports. The...more

Timeline: Executive Order on Promoting Competition in the American Economy – Updated January 5, 2022

On Friday, July 9, 2021, President Biden issued Executive Order (EO) 14036, “Promoting Competition in the American Economy”. In the ensuing months, federal agencies have begun to implement the EO’s 72 initiatives to address...more

Federal Student Loan Repayment Pause Extended Additional 90 Day

On Wednesday, December 22, the Biden-Harris administration announced its decision to provide federal student loan borrowers an additional 90 days of repayment relief.  This pause on federal student loan repayments is...more

President Biden Signs the Infrastructure Investment and Jobs Act

On Monday, November 15, President Biden signed the Infrastructure Investment and Jobs Act (P. L. 117 – 58), a historic bipartisan piece of legislation that will make available $1.2 trillion in funding for infrastructure...more

Timeline: Executive Order on Promoting Competition in the American Economy

On Friday, July 9, 2021, President Biden issued Executive Order (EO) 14036, “Promoting Competition in the American Economy” (see recent alert here). The EO includes 72 initiatives by more than a dozen federal agencies in an...more

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