President Joe Biden rejected a proposal by progressives to forgive $50,000 of debt per borrower.
Payments and the accrual of interest have been paused since the beginning of the pandemic.
“The economic risks will hinge on the length of this war,” Council of Economic Advisers Chair Cecilia Rouse said.
Options traders are bracing for more consumer belt tightening.
Among other threats, the president intends to forbid those that do business in China from winning federal contracts.
Evidence is mounting that Bernie Sanders does not know how he will fund his proposals for massive expansions in federal spending.
Representative Tim Ryan announced he is dropping out of the presidential race.
Bernie Sanders again criticized the success and independence of American businesses and executives on Monday.
To ensure the wealthiest Americans don’t evade the tax, the plans calls for a “national wealth registry.”
A wealth tax as proposed by Sanders and Elizabeth Warren would erode the ability to build and preserve wealth.
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