Thursday, July 2, 2020
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Trump vetoes first domestic bill in four years, rejects measure on education loan forgiveness

President Trump vetoed a home coverage invoice for the primary time Friday night time, rejecting a bipartisan measure that may have barred Education Secretary Betsy DeVos from implementing a brand new rule figuring out how defrauded pupil debtors may get mortgage forgiveness.

The president stated the laws “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.”

“The Department of Education’s rule strikes a better balance, protecting students’ rights to recover from schools that defraud them while foreclosing frivolous lawsuits that undermine higher education and expose taxpayers to needless loss,” he stated.

Mrs. DeVos crafted the “borrower defense to repayment” rule to revise a 2016 Obama rule that she stated was too beneficiant to college students claiming they had been defrauded.

The president stated leaders of traditionally black schools and universities (HBCUs) have informed him that the laws “would have irreparably harmed their great institutions.”

“As president, I have been strongly committed to fighting for HBCUs,” Mr. Trump stated in a press release. “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.”

He urged lawmakers “to sustain my veto, and to stand with HBCUs and students against the trial lawyers who want to undermine our higher education system for their own financial gain.”

When the Senate permitted the laws, 10 Republican senators joined all Democrats in voting for the measure. It’s anticipated to be tough for the Senate to override the veto.

House Speaker Nancy Pelosi stated the Democratic-controlled chamber will overturn the president’s veto.

“It is sad that the president rejected the will of the Congress and the country with his veto,” Mrs. Pelosi stated. “The House will soon vote to overturn this veto, which poses a grave harm to the financial security and futures of America’s students, particularly as America’s students are hurting more now than ever during the COVID-19 crisis.”

She famous that 34 veterans’ teams assist the laws and opposed the Education Department’s new rule, “even warning that it leaves our men and women in uniform to the mercy of predatory schools that see them ‘as nothing more than dollar signs.’”

Senate Minority Whip Dick Durbin, Illinois Democrat, requested the president on Twitter, “in 4 days did you forget those flag waving Memorial Day speeches as you vetoed a bill veterans were begging for?”

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