8 00 a. M. Pacific, im jose diazbalart. The House Oversight committee is holding the first hearing of the Impeachment Inquiry into President Biden. The Committee Says this hearing is focused on the basis for that inquiry. House republicans are presenting evidence they say they have uncovered about the president s knowledge of and role in his familys domestic and International Business practices. The white house has rejected assertion that biden abused his office to enrich his family. With us now to talk more about this, nbc news capitol hill correspondent ali vitali, nbc News White House correspondent mike memoli and paul butler, former federal prosecutor who is now a professor at the Georgetown University law school. He is an msnbc legal analyst. Ali, bring us up to speed of whats been happening so far. Reporter look, this is the first hour, jose, of a very lengthy day on capitol hill, the first Impeachment Inquiry hearing were seeing republicans launch who have got all three Committe
reporter: the biden administration s plan to forgive up to $20,000 in student debt would have wiped josie s slate clean. instead, a challenge from six republican states resulted in a supreme court decision in june, striking down the plan, after josie had already put thousands of dollars in investments into her salon. i m disappointed and i m confused. it s too inconsistent. i don t know what s going to happen in the future, and that s kind of scary. reporter: if the administration was able to cancel all the debt, what would that have done for you? given me financial freedom. reporter: the median student borrower has between 20,000 to $25,000 in outstanding debt. and for over those 40 million borrowers, they re going to be facing interest accrual beginning in september, with the first payments in over three years due in october. it is officially time for student loan repayment boycott. reporter: some taking to social media calling on borrowers not to pay. does the u.s. g