UPDATE: Donald Trump Takes Office as the 47th US President
















HO-IBbYXIAAOAbK

You’re a woman beating coon acting like you’re better?


ET5OCC4XsAkS1x6.jpg
 

. ​

ckVwrvbnQCI.webp

·
Following


. · Original audio
I’m selling these miracle hair products. They are fantastic. No one has ever seen anything like it. It makes hair grow like crazy. Make sure you only apply it to your scalp and not to your under arms, or to downstairs. The fake liberal media wants you to think that if you apply it downstairs, a Trump signatures will grow like the fake birthday card they published claiming it was for me to Epstein.

 

. ​

ckVwrvbnQCI.webp

·
Following


. · Original audio
Kash Patel is going to look to see who comes up with these terrible videos of me doing impressions of Lindsey Graham.



giphy.gif
 
They probably don't like most people know or pay attention to DC politics, but Janeese won't start until January 2027. Folks have seen what Mamdani has been doing in his short time as mayor which honestly isn't much different from when Marion was mayor in DC back in the day.
Honestly it was more of an indictment on how media focuses on the man of Indian descent rather than the Black woman.
 

The transfer of millions of student-loan accounts to the Treasury is taking a key step forward​

Business Insider
Ayelet Sheffey
Updated Fri, August 7, 2026 at 5:09 PM EDT
0

Treasury Sec. Scott Bessent

The Treasury Department announced new steps to take over defaulted student-loan accounts.Andrew Harnik/Getty Images
  • The Treasury announced new steps to take over millions of defaulted student-loan accounts.
  • They include new partnerships with vendors to facilitate collections and a centralized rehabilitation hub.
  • Former officials and lawmakers have said the Treasury may not be equipped to manage student loans.
The transfer of student-loan accounts to the Treasury Department is moving forward.

On Friday, the Treasury released new plans to take over management of the federal defaulted student-loan portfolio.

The plans, first reported by Business Insider, include creating a new "Default Resolution Hub" intended to serve as a centralized location for borrowers to plan their steps to return to good standing. The Treasury is also seeking to partner with vendors who will facilitate collections on defaulted loans and advise borrowers on their options to leave default, according to a Treasury official.

"Transforming the way defaulted loans are serviced is the foundation for a federal student loan program that is more efficient and delivers better outcomes for both borrowers and taxpayers," Treasury Sec. Scott Bessent said in a statement.

The Treasury official said the agency is also working to streamline the process by which defaulted borrowers securely share tax information.

The consequences of defaulting include wage garnishment and the seizure of federal benefits, like Social Security. Those involuntary collection efforts have been paused since January, and the Trump administration has not specified when the pause will be lifted.


This follows the Education Department's March announcement that it would transfer management of the student-loan portfolio to the Treasury, beginning with the accounts of the 10 million borrowers in default. The transfer is set to occur in phases and is part of the Trump administration's broader goal of dismantling the Education Department and transferring its responsibilities to other agencies.

Former administration officials previously told Business Insider that it's unclear if the Treasury is equipped to handle the $1.7 trillion student-loan portfolio, citing the complexity of student-loan repayment. The Obama administration also conducted a pilot program in 2015 during which the Treasury took over a portion of defaulted student-loan accounts, and it was ultimately unsuccessful, collecting at lower rates than private agencies.

Mason Champion, the Treasury's assistant secretary, wrote in a May letter to lawmakers that the Treasury reached an agreement with the Education Department to send seven Education employees to Treasury, and two Treasury employees to Education, which Champion said will "support the implementation of the partnership, with an initial focus on the transition of operational responsibility for the defaulted portfolio to Treasury."

Lawmakers have also weighed in. Over 60 Democratic lawmakers called in a June letter for a stop to the transfer of student-loan accounts to the Treasury, citing record-high default rates. A month later, Republican lawmakers introduced a bill to codify the plan.

Have a story to share about student loans? Contact this reporter at asheffey@businessinsider.com.

If you enjoyed this story, be sure to follow Business Insider on Yahoo.
 
Mr. I’m neutral and don’t have a political party now finds it safe to speak out against Jews? He must have looked at his bank account and was like ok I’m good now I’m nearly a billionaire so I found my balls. FOH nigga

He is a famous, rich and well known celebrity. So he is basically immune to whatever is going on in the world.

But his family and extended family on his spouse side are unknown.

Good chance someone in his family or close to his family has been impacted severely to what Trumphas been doing and possibly what is going on in Isreal/Gaza.

People like the Rock intentionally live in a bubble, but As shit as happens to them or someone close to them…then they become a Militant.
 
Back
Top