Threat of taxes on scholarships and changes to student loans under Trump plans Alook at possible federal budget cuts that would affect higher education under the Trump administration

Republicans are considering taxing college scholarships and cutting student loan repayment plans to fund extensions of Trump-era tax cuts. Critics warn these changes could severely impact college affordability and access for students. www.independent.co.uk/news/world/a...

Whatever you do DONT share this here and ESPECIALLY on X>. Would be MUY MALO. Tee hee

In Breaking USAID, the Trump Administration May Have Broken the Law ProPublica’s reporting provides new details about what legal risk officials were prepared to take and what laws they may have violated on their way to creating a “constitutional crisis.”

It's illegal. www.propublica.org/article/usai...

This Is So Much Worse Than Last Time Why Democrats and the media are struggling to capture the insanity—and danger—of the new Trump administration.

"There is an ongoing oligarchic takeover of the U.S. government. Donald Trump’s authoritarian project has never been more threatening and fully realized."

Looks like DOGE will soon be spending more than it could ever save, not to mention the far-reaching devastation to hard-fought American infrastructure and services

Stop the Coup!

Elon Musk and his allies are illegally acting to obtain confidential information from government databases.
#StopTheCoup

Elon is literally admitting he is couping the government. It doesn’t get much more clear than this.

Vance posted on X: “Judges aren’t allowed to control the executive’s legitimate power.” You mean Trump’s “power” being used to violate our Constitution? The Constitution is not something any president can manipulate for political games.

MAGA keeps touting the CBS News/YouGov poll while ignoring The Economist/YouGov poll where more people view Donald Trump, JD Vance and Elon Musk "very unfavorable" vs. "very favorable."

The majority also think things in this country "off on the wrong track."

🤣😹

Sen Andy Kim (D-NJ) to NBC

“What we’re seeing right now with the Trump admin over the last week is very clearly a (US) retreat when it comes to rest of the world. China doesn’t even need to fight for their influence around the world now because of our own effort. We are doing China’s work for them”

School grants, AIDS treatments & consumer protection: first victims of Musk and Trump’s budget cuts Donald Trump and Elon Musk have said they’re targeting government waste and fraud, but their first targets in dismantling the federal government are lower-budget agencies that help poor people: USAID, the Department of Education and the Consumer Financial Protection Bureau.

The Trump Administration – with the help of Elon Musk – is stripping the federal government for parts: firing federal agents, dissolving whole departments and agencies, targeting civil servants for retribution. #Velshi

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G Street NW, Washington, D.C. 20552 February 8, 2025 The Honorable Jerome H. Powell Chairman, Board of Governors of the Federal Reserve System 20* Street and Constitution Avenue, NW Washington, D.C. 20551 Dear Chairman Powell: The Consumer Financial Protection Act requires the Board of Governors of the Federal Reserve System to transfer each quarter an "amount determined by the Director to be reasonably necessary" for the Bureau of Consumer Financial Protection to carry out its authorities under law. 12 U.S.C. 5497(a)(1). In determining this amount, the Director must "take into account such other sums made available to the Bureau from the preceding year" or quarter. Id. This letter is to inform you that for the Third Quarter of Fiscal Year 2025, the Bureau is requesting $O. During my review of the Bureau's finances, I have learned that the Bureau has a balance of $711,586,678.00 in the Bureau of Consumer Financial Protection Fund. By law, I must take account of this sum when determining the amount "reasonably necessary" for the Bureau to fulfill its statutory authorities. Id. I have determined that no additional funds are necessary to carry out the authorities of the Bureau for Fiscal Year 2025. The Bureau's current funds are more than sufficient and are, in fact, excessive to carry out its authorities in a manner that is consistent with the public interest. In the past, the Bureau has at times opted to maintain a "reserve fund" for financial contingencies. But no such fund is required by statute or necessary to fulfill the Bureau's mandate. The Bureau's new leadership will run a substantially more streamlined and efficient bureau, cut this excessive fund, and do its part to reduce the federal deficit. Sincerely, /s/ Russell T. Vought Russell T. Vought, Acting Director cc: Patrick J. McClanahan, Chief Operating Officer, Board of Governors of the Federal Reserve System

Russell Vought, the Acting Director of the Consumer Financial Protection Bureau, tells the Chairman of the Federal Reserve that the CFPB does not require any additional funds for now.

This, of course, means they are gutting the agency.