Money managers John Paulson and Scott Bessent are both being floated as candidates.
“It's been coming for 11 months, well guess what? I don't think it is going to come,” he added.
The debt fight has been pushed back until 2023, when Republicans will take over the House.
Joe Biden is extending the pandemic-era pause in student loan payments (again).
The White House's plan to cancel $10,000 in student loan debt for many borrowers is in jeopardy.
President Joe Biden has widened his circle of economic advisors in search of solutions.
Charles Rettig's term expires in November. The names of his possible successors are closely held secrets.
Biden is poised to announce a sweeping package of student-debt relief.
Biden is expected to announce some measure of debt forgiveness for borrowers whose income falls below a certain threshold.
White House officials have been trying to combat critiques that student loan relief would add to rampant inflation.
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