Jordan Weissmann Most Recent You might benefit from these proposed new Trump tax cuts Republicans' “one big beautiful bill” would eliminate taxes on tips and overtime, give new cuts to seniors, and make interest on certain auto loans deductible. Can Trump really bring down drug prices? On Monday, President Trump signed an executive order aimed at making pharmaceutical companies charge their US customers no more than the lowest cost offered to buyers in other developed countries. It's sure to face challenges. Here's one Biden crusade Trump is still on board with The Justice Department and Federal Trade Commission announced that they were launching an inquiry into “anticompetitive practices and conduct in the live concert and entertainment industry.” Union calls for investigation into 'potential mismanagement and corruption' at Department of Education The American Federation of Teachers and the Student Borrower Protection Center urge the agencies’ inspectors general to look at whether Trump administration officials tried to sandbag state-level investigations into the student loan servicer MOHELA. Private student loans could make a comeback under the GOP's new bill A GOP bill known as the Student Success and Taxpayer Savings Plan wouldn’t necessarily lead to a massive surge in private student loans. But it could force more students to consider them or find ways to borrow significantly less for their degrees. Republicans are planning big changes to student loans and financial aid A Republican tax and budget bill would make major changes to the federal student loan program. Here's what it proposes. House Republicans plan to defund the CFPB A Republican bill would slash funding to the Consumer Financial Protection Bureau, where the Trump administration has already made deep cuts to staffing and a change in its mandate. Widely criticized student loan servicer MOHELA faces investigation by multiple state attorneys general Student loan servicer MOHELA is under investigation by multiple state attorneys general and regulators over alleged mismanagement of borrowers’ accounts, three sources directly familiar with the matter told Yahoo Finance. 3 big reasons to worry as the government starts collecting defaulted student loans Recent upheaval within the Education Department and student lending program could end up creating new problems for borrowers as collections on defaulted loans resume. How Trump has wiped out the teams that protect student borrowers Staff cuts at the Consumer Financial Protection Bureau and the Department of Education have drastically reduced the number of people overseeing federal student loan servicers. The CFPB says it will 'deprioritize' protecting student borrowers, people with medical debt New leaders at the Consumer Financial Protection Bureau say the agency will return to its original mandate of regulating banks, deprioritizing efforts to protect student borrowers and people with medical debt. Washington won't be watching over your digital wallet The House of Representatives voted to eliminate rules issued by the Consumer Financial Protection Bureau that would have capped bank overdraft fees and given the agency more power to oversee payment apps like Venmo and Paypal. Trump's healthcare agenda is getting clearer Between major announcements on Medicare Advantage, coming pharmaceutical tariffs, and Dr. Mehmet Oz touting AI for Medicare, we’re beginning to get a clearer glimpse of the new White House healthcare agenda. The White House cited these economists to justify its tariffs. They aren't thrilled. The Trump administration's formula for calculating new tariffs raised questions among economists — even some whose work was cited. Did Trump really bring down the price of eggs by half? During an event announcing sweeping new tariffs, President Trump took credit for the falling price of eggs. One of his administration's first moves was importing more eggs. The CFPB fined a lender for discrimination. Now it wants to give the money back. The Consumer Financial Protection Bureau has asked a court to undo its settlement with a mortgage lender it had accused of discrimination. The move has dumbfounded former officials and consumer advocates. 9 million student loan borrowers are about to see their credit scores drop As delinquent student loans begin showing up on credit reports for the first time since the pandemic, millions of borrowers could see a serious hit to their credit scores, economists warn. Department of Education prepares to reopen income-driven repayment plans The Department of Education is set to reopen applications for some student loan repayment plans on Wednesday, two sources familiar with the administration’s plans told Yahoo Finance. Trump says the Small Business Administration is taking over student lending. Experts say it's illegal. President Trump announced on Friday that he plans to move management of the federal student loan program to the Small Business Administration, a major step in his effort to dismantle and possibly shut down the Department of Education. Trump signs order to eliminate Department of Education 'once and for all' President Trump signed an executive order Thursday ordering the Department of Education to wind down its operations so that it can eventually be closed.