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Trump Administration Halts Interest On Student Loans Amid Coronavirus Outbreak [Watch]

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On Friday afternoon, President Trump declared a national emergency to combat the coronavirus. To help young Americans and families during a time when some might not be receiving paychecks, the administration placed a moratorium on student loan interest.

From Fox News:

The president’s declaration of a national emergency means that he will enact the Robert T. Stafford Disaster Relief and Emergency Assistance Act, which allows the White House to mobilize the Federal Emergency Management Agency (FEMA) and direct federal aid to states hit by disasters and health crises.

[…]

In addition to declaring an emergency under the Stafford Act, the president also declared an emergency under the National Emergencies Act, which allows the Department of Health and Human Services to waive certain guidelines related to Medicare, Medicaid and SCHIP to address the coronavirus.

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https://twitter.com/TeamTrump/status/1238560775557480454?%7Ctwcamp%5Etweetembed%7Ctwterm%5E1238560775557480454&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2020%2F03%2Fpresident-trump-waives-interest-on-all-student-loans-held-by-fed-govt-agencies-until-further-notice-video%2F

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About the Author:
John Salvatore has been a Writer and Editor of multiple political blogs since early 2015. He earned his Master’s degree in Public Administration upon completion of a Bachelor’s degree in Political Science. A diehard Los Angeles Dodgers fan, John can be reached at [email protected]




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