House Speaker Nancy Pelosi said Wednesday that President Biden can’t unilaterally wipe away student loan debt, as some progressives have urged him to do, and even questioned the fairness of a debt forgiveness policy. “People think that the president of the United States has the power for debt forgiveness,” Pelosi said at a Capitol news conference. “He does not. He can postpone. He can delay, but he does not have that power. “That has to be an act of Congress,” Pelosi said.
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