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Transcripts for CNN Inside Politics With John King 20240604 17:59:00

welcome to the white house after the latest report shows inflation is cooling. the ftx founder sam bankman-fried held without bail after his arrest in the bahamas. he was indicted yesterday on eight criminal charges and could face up to 115 years in prison. on top of the fraud charges they say bankman-fried he conspired to commit multiple violations and some who received that money are donating it to charity including hakeem jeffries and debbie stabenow. he is expected back in court in february. the education department missed the mark on this. has a massive cleanup. millions of americans who applied for the student loan relief program received mayors saying their debt applications were approved. but in reality, those applications have not been reviewed yet. the program is on pause until the supreme court hears arguments in february. the white house will light up green tonight in honor and

White houseFounder sam bankman friedHakeem jeffriesEducation departmentStudent loan relief programDebt applicationsDebbie stabenowSupreme court

Transcripts for CNN The Lead With Jake Tapper 20240604 21:18:00

n. the department of education said they are going to extend the pause until june 30th, or until there s a decision from the supreme court. but this comes as the administration has appealed, has gone to the supreme court to ask them to allow their program to be implemented while these court challenges continue to take place. about 26 million people have applied for the president s student loan relief program and 16 million of those applications have been approved. but the department of education is not able to discharge any of that due to these legal challenges that are under way. but this really comes as so many americans have been facing questions about whether these student loan repayments would be resuming and for now, at least, they have an answer. you re joining us from a beautiful twilight scene there on nantucket in massachusetts ahead of biden and his family heading there for the thanksgiving holiday. i know it s going to be hard for the biden family to avoid politics at the

Supreme courtDepartment of educationJune 30thCourt challengesStudent loan relief program26 million16 millionA beautiful twilight sceneStudent loan repaymentsBiden familyDinner table

Student loan borrowers receive relief approval notices despite the program being held up in court

Student loan borrowers receive relief approval notices despite the program being held up in court
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Department of educationSupreme courtBiden administration student loan relief programBiden administrationStudent loan relief program

Transcripts for CNN CNN Newsroom Live 20240604 08:34:00

take a listen to what democratic congresswoman zoe lofgren had to say about trump. he has a legal obligation to come in and talk to us, just as importantly as a legal obligation to respond to the documents that we ve ordered him to produce, all of which are important to finishing our investigation. so let s see if he lives up to what the law requires of him. annie grayer reporting there. the u.s. education secretary is urging people to continue submitting online applications despite a federal appeals court temporarily pausing president biden s student loan forgiveness program. cnn s joe johns has this report. reporter: the message from the biden administration on their student loan relief program is that they re not

Democratic national committeeUnited statesZoe lofgrenEducation secretaryFederal appeals courtAnnie grayerHome stretch cnnJoe bidenStudent loan forgiveness programStudent loan relief programJoe johns

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 14:31:00

biden will claim that as part of the strategy. trying to argue especially when republicans on the campaign trail are talking about issues like the economy, like deficit reduction and like a different philosophical view about how government should deal with the economy, the president wants to get some credit for that and wants to articulate what his administration and his policies have done. we ll also hear him today talking about his student loan relief program which is also a hot button issue. there are those who are very excited about it and there are those who are enraged by it briefing that it is giving something away at a cost to others. and so today we ll hear from the president later this afternoon about student loan relief where the administration says as many as 40 million americans could see a substantial amount, some, all of their student debt wiped out based on incomes and the types of loans they have. there have been some legal

Joe bidenDeficit reductionCampaign trailStudent loan relief programIt briefingHot button issueU sStudent loan reliefStudent debt40 million