April 18, 2021

President Trump sets Nancy Pelosi off by vetoing student loan forgiveness legislation

Donald Trump just dealt another devastating blow to Nancy Pelosi’s agenda on Friday evening, vetoing a bill intended to block Education Secretary Betsy DeVos from implementing a new rule regarding student loan forgiveness.

Pelosi is still reeling from Trump’s successful campaign to defeat her FISA reform bill earlier this week, but he didn’t stop there.

Trump opted to drop the hammer on the loan forgiveness measure on Friday because it “sought to reimpose an Obama-era regulation that defined educational fraud so broadly that it threatened to paralyze the nation’s system of higher education.”

Trump explained that DeVos’ rule “strikes a better balance” between “protecting students’ rights to recover from schools that defraud them while foreclosing frivolous lawsuits that undermine higher education and expose taxpayers to needless loss.”

This is Trump’s eighth veto of his presidency, but the first veto of a domestic policy bill. Trump cited the objections of Historically Black Colleges and Universities (HBCUs) as the reason he chose to block the legislation. He said that HBCU’s urged him to veto the bill because it “would have irreparably harmed their great institutions.”

“As president, I have been strongly committed to fighting for HBCUs,” Trump continued. “As I have said before, HBCUs have never had a better champion in the White House. My disapproval of this resolution is another marker of that support.”

Trump’s decision infuriated Speaker Pelosi, who responded that the Democrat-controlled House will attempt to overturn the veto. Though 10 Republican Senators crossed the aisle to initially approve the measure, it’s unlikely that the Senate will rally behind Pelosi’s effort to overturn Trump’s decision.

“Is sad that the president rejected the will of the Congress and the country with his veto,” Pelosi sniped after learning of the defeat.“The House will soon vote to overturn this veto, which poses a grave harm to the financial security and futures of America’s students.”

Scroll down to the comments section below and tell us what you think about Trump’s decision!

Share on facebook
Share on twitter
Share on linkedin

226 Responses

  1. It is the best time to make some plans for the future and it is time to be
    happy. I have read this post and if I could I desire to suggest you some interesting things or tips.
    Maybe you can write next articles referring to this article.
    I wish to read more things about it!

  2. I absolutely love your blog.. Very nice colors & theme. Did you build
    this web site yourself? Please reply back as I’m hoping to create my
    own website and want to know where you got this from
    or what the theme is called. Thanks!

  3. I like the helpful info you provide in your articles.
    I will bookmark your weblog and check again here regularly.
    I’m quite certain I will learn many new stuff right here!
    Best of luck for the next!

  4. There is definately a lot to learn about this issue.

    I like all of the points you’ve made.

  5. Ahaa, its pleasant conversation on the topic of
    this article here at this website, I have read all that, so now me also commenting here.

  6. I like what you guys are up too. This sort of clever work and reporting!
    Keep up the terrific works guys I’ve included you guys to

Leave a Reply

Your email address will not be published. Required fields are marked *



Sign Up For The Daily Newsletter