Nancy Pelosi hospitalized during a congressional delegation trip abroad, her office says
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(WASHINGTON) — Democratic Rep. Nancy Pelosi, 84, was hospitalized while abroad on a congressional delegation, her office said on Friday.
“While traveling with a bipartisan Congressional delegation in Luxembourg to mark the 80th anniversary of the Battle of the Bulge, Speaker Emerita Nancy Pelosi sustained an injury during an official engagement and was admitted to the hospital for evaluation,” her spokesperson Ian Krager said in a statement.
“Speaker Emerita Pelosi is currently receiving excellent treatment from doctors and medical professionals,” the statement read. “She continues to work and regrets that she is unable to attend the remainder of the CODEL engagements to honor the courage of our servicemembers during one of the greatest acts of American heroism in our nation’s history.”
“Speaker Emerita Pelosi conveys her thanks and praise to our veterans and gratitude to people of Luxembourg and Bastogne for their service in World War II and their role in bringing peace to Europe,” Krager added.
Eighteen House members are part of the delegation, according to House Speaker Mike Johnson. They were to take part in observances of the anniversary of the pivotal World War II battle on Friday and Saturday.
Other lawmakers on the trip include Republican Rep. Michael McCaul, the chairman of the House Committee on Foreign Affairs, and Mark Takano, ranking member of the House Committee on Veterans’ Affairs.
Pelosi in November won reelection to her California seat, clinching a landmark 20th term.
Despite stepping down from leadership in 2022 after Republicans won control of the House, Pelosi remains a key Democratic power player. She worked behind the scenes to urge President Joe Biden to step out of the 2024 race after his CNN debate performance, ABC News reported at the time.
Pelosi later said Biden’s late exit from the race was a key factor in Vice President Kamala Harris’ loss to President-elect Donald Trump.
This is a developing story. Please check back for updates.
Former Trump White House chief strategist Steve Bannon said in an exclusive interview on ABC News’ “This Week” Sunday that tech billionaires’ planned attendance at Monday’s inauguration is a sign of their “official surrender” to President-elect Donald Trump.
“As soon as [Mark] Zuckerberg said, ‘I’ve been invited. I’m going,’ the floodgates opened up and they were all there knocking, trying to be supplicants. So I look at this and I think most people in our movement look at this as President Trump broke the oligarchs, he broke them and they surrendered,” Bannon told “This Week” co-anchor Jonathan Karl.
Meta’s Zuckerberg and Amazon boss Jeff Bezos are among the tech executives set to appear at the inauguration, alongside close Trump ally Elon Musk, the world’s richest man. Meta and Amazon are just two of the tech giants who have given money to President-Elect Trump’s inaugural fund.
In the wake of Trump’s victory in November a handful of tech’s most powerful executives have made trips to Trump’s Mar-a-Lago home in Florida for meetings with the president-elect. But despite the show of support, Bannon remains skeptical of their allegiance to Trump and the MAGA movement, specifically citing Zuckerberg’s recent alignment with the right.
“Zuckerberg’s, you know, road to Damascus came a little late. It was after the Fifth of November,” Bannon told Karl. “It’s very, you know, now wants to be a bro. He Kung Fu fights. He’s going to UFC. He’s got his hair done differently. He’s, he’s cut. That doesn’t hack it with me. That guy will flip on President Trump and he’ll flip on us in the second. When it’s convenient for him. He will flip.”
Meta declined to comment on Bannon’s remarks.
Bannon, a stalwart of the MAGA movement and major influence in Trump’s sphere during the early days of his first administration, has been one of the strongest supporters of the 45th president throughout his political career.
He frequently echoed Trump’s false claims of election fraud in the 2020 presidential election and served four months in prison after defying a subpoena from the House select committee investigating the Jan. 6 Capitol riot.
During his interview with Karl, Bannon insisted that Trump’s message during Monday’s inaugural address will be less dark than the first time around.
“I think he’s going to try to unify the country around a course of action that we have to take, I think he’ll lay out the challenges, and he’ll lay out the beginning in some sort of 65-, 60,000-foot level — what his policies and proposals are. But I think it’ll all be about unifying the country and going forward together.”
Bannon cited the broad coalition that led to Trump’s return to the White House as a reason for the shift in tone.
“It’s a whole ecosystem … You have working-class African Americans. You have South Texas in the Rio Grande Valley, people are now prepared not just to stop voting for Democrats, but to vote for him.”
Bannon, told Karl that Trump has the ability to hold that wide-ranging coalition together like few other figures in American history.
“If you had to have somebody to do it, he’s the guy to do it,” Bannon said. “That’s why he is at the level of Washington and Lincoln.”
(WASHINGTON) — The Trump administration is gearing up for major changes to the Department of Education, which, among its other functions, oversees a $1.6 trillion portfolio of student loans — the third largest source of household debt in the U.S.
Those loans belong to over 44 million Americans, many of whom are wondering what it would mean to abolish the department that manages their debt.
It depends on which policies the Trump administration actually implements — and which survive legal challenges. But some of the policy plans that have been floated include moving the government’s student loan portfolio over to the Treasury Department, changing the repayment plans that are available to borrowers and, in the most extreme possible change, privatizing the entire student loan system.
Above all, borrowers should expect a halt to student debt relief programs implemented and expanded under former President Joe Biden. The former president’s efforts resulted in $188.8 billion in student loan forgiveness for 5.3 million borrowers during his presidency. Republicans have derided the efforts as an abuse of executive authority, and some have even argued for clawbacks of some of that relief — though that’s considered unlikely.
The relief was concentrated in expansions or fixes to forgiveness programs that already existed, like Public Service Loan Forgiveness and income-driven repayment plans, after efforts at wide scale debt relief were halted by Republican-led lawsuits.
Moving the student loan system to a new home Conservatives who advocate for the Department of Education to be dismantled often suggest moving the Office of Federal Student Aid (FSA) to the Treasury Department, where it would continue to carry out the regular duties of doling out federal loans and recouping them.
FSA, which is an office within the Department of Education, is where people apply for federal student loans, grants and work-study funds, using the Free Application for Student Aid, or FAFSA, and it’s also the office that manages the repayment process.
Some legal experts have posited that moving FSA into a different government agency would require congressional approval. But Trump could continue pushing the limits of executive authority, as he has with other agencies, to test that hypothesis, ultimately leaving it up to the courts to decide.
Rick Hess, a senior fellow and director focused on education policy at the right-leaning American Enterprise Institute, says FSA would be a better fit for the Treasury Department because it’s “essentially a mega-bank.”
“It’d make more sense to have it overseen by officials at Treasury who work closely with financial institutions and oversee federal revenue collection,” Hess wrote in a recent post.
Hess, in an interview with ABC News, said that he doesn’t predict any impact on student loan borrowers if FSA moved homes — the process would carry on, he said.
“I would be surprised if it’s noticeable in any way compared to anything the borrowers have experienced in the last 4 years,” Hess said, referring to the tumultuousness of the moratorium on payments during the pandemic, the restart, and then the stop-and-start that resulted from lawsuits over Biden’s forgiveness efforts.
That optimistic view would be a deviation from the learned experience of most borrowers, Persis Yu, deputy executive director and managing counsel of the Student Borrower Protection Center, which advocates for debt relief, said.
“No transitions in the student loan system have ever gone well, historically, and we have never tried to move the entire portfolio,” Yu said.
The student loan system is “messy” in its current state, Yu said. Millions of borrowers still haven’t started repaying their loans since the Covid-era pause ended, and a lawsuit holding up a Biden-era student loan repayment plan, called SAVE, has put nearly 8 million borrowers in forbearance while they await further guidance.
“Having a huge shift is certainly not going to make things better,” she said.
Yu also raised concerns that the Department of Education oversees the loan system with an emphasis on borrower rights, adhering to the Higher Education Act of 1965, while the Treasury Department would do so as a debt collector, which she said could create a “philosophical” difference in how borrowers will be treated.
“I am not here to defend [the Department of Education’s] track record because we’ve obviously had a lot of critiques of their performance in the past,” Yu said. “But this is a move that will in fact hand the portfolio to people even less qualified to run it.”
Changing the ways borrowers repay their loans There is also a subset of the Republican Party that wants much more significant changes to the student loan system beyond just rehoming offices to make the overall department smaller.
Project 2025, the conservative blueprint of policy ideas written for the Trump administration, calls for privatizing the student loan system entirely and moving all of the government-owned loans to private loan servicers.
Doing so would be a significant change in the way higher education is funded — more than 92% of people relied on federal loans in 2024, rather than private loans, according to the Education Data Initiative, and offloading the $1.6 trillion in federal student loans the government already has — or ceasing to offer loans going forward — would require congressional approval. (Project 2025 acknowledges that privatizing the system may not be “feasible.”)
It also calls for all federal loan repayment plans, of which there are many options, to be consolidated into just one option, and for an end to Public Service Loan Forgiveness, or PSLF, which grants relief to people who work in public service, like nurses and firefighters, after they’ve paid their loans for 10 years.
But the program, first introduced by Republican President George W. Bush in 2007, was authorized by Congress, and would have to be eliminated by Congress, too, which remains unlikely.
Trump could significantly reduce access to the program, though, returning it to its less-effective form during his first term.
The forgiveness plan was massively expanded under Biden, but at one point in Trump’s first term, the Education Department rejected 99% of PSLF applications, a report from the Government Accountability Office found.
When Biden was in office, the number of people who had qualified for PSLF throughout the program’s history rose from 7,000 to over 1 million.
(WASHINGTON) — In a speech touting his foreign policy legacy, President Joe Biden on Monday said the U.S. was “pressing hard” to close a deal that would see some of the hostages held by Hamas freed in exchange for a period of peace in Gaza.
“On the war between Israel and Hamas, we’re on the brink of a proposal that I laid out in detail months ago finally coming to fruition,” Biden said during an address at the State Department, adding that he had learned during his long career in public service “to never, never, never, ever give up.”
“The Palestinian people deserve peace and the right to determine their own futures. Israel deserves peace and real security. And the hostages and their families deserve to be reunited,” the president continued. “And so, we’re working urgently to close this deal.”
In advance of the president’s speech, confidence that the ongoing high-level talks could finally yield a long-awaited ceasefire agreement bloomed across Washington as the White House signaled a deal could be cemented before the Biden leaves office within a week.
“We are close to a deal, and it can get done this week,” national security adviser Jake Sullivan said during a press briefing at the White House. “I’m not making a promise or a prediction, but it is there for the taking and we are going to work to make it happen.”
Other members of the administration were even more cautiously optimistic, predicting that the next 24 hours would likely be “make or break” for the negotiations.
The current proposal on the table calls for an initial ceasefire period lasting at least six weeks in exchange for the release of around 30 living or dead hostages held in Gaza, according to officials familiar with the talks, who add that Israel is also expected to release more than a thousand Palestinian prisoners and detainees.
The officials say many of the specifics, including the exact number of hostages that would be turned over, are still being worked out, but that Hamas has indicated it is willing to hand over at least two of the seven American citizens the group is holding — Sagui Dekel-Chen, 36, and Keith Siegel, 65.
Sullivan said that coordination served to present “a united message” that it is “in the American national security interest, regardless of party, regardless of outgoing or incoming administration to get this deal done as fast as possible.”
The Trump team’s involvement is also necessary from a practical standpoint since the U.S. would act as a guarantor of any deal that comes to fruition and the Biden administration won’t be in power long enough for it to play out.
President-elect Donald Trump has warned Hamas repeatedly that “all hell will break out in the Middle East” if the hostages aren’t released by his taking office on Jan. 20.
Ahead of his speech at the State Department, Biden said he had worked the phones — speaking with the leader of Qatar, a critical intermediary with direct lines to Hamas, on Monday and talking with Israeli Prime Minister Benjamin Netanyahu on Sunday, according to the White House.
Biden said he would also soon speak to Egypt’s President Sisi, another key broker overseeing the negotiations.
Ukraine, Iran
The president also focused part of his remarks on Russia’s war in Ukraine, touting the administration’s efforts to bolster Ukraine and global alliances in the process — noting that 23 NATO countries are now spending 2% of the GDP on defense, up from nine when he took office.
“Today, I can report to the American people our adversaries are weaker than where we came into this job four years ago. Just consider Russia. When Putin invaded Ukraine, he tried to conquer Kyiv in a matter of days. But the truth is, since that war began, I’m the only one who stood in the center of Kyiv, not him. Putin never has. Think about it,” he said.
“We help Ukrainians stop Putin. And now, nearly three years later, Putin has failed to achieve any of his strategic objectives,” Biden said.
“Today, Ukraine is still free, independent country with the potential — potential for a bright future. And we laid the foundation for the next administration so they can protect the bright future of the Ukrainian people,” he later added
Biden touted the U.S. work help diminish Iran during his time in office as well, though noted he could not claim all the credit.
“Now, I cannot claim credit for every factor that led to Iran and Russia growing weaker in the past four years. They did plenty of damage all by themselves, but Israel did plenty of damage to Iran and its proxies. But there’s no question our actions contributed significantly,” Biden said.
Afghanistan
The president also addressed a low point of his administration, defending his decision to withdraw American troops from Afghanistan in 2021, an operation that killed 13 service members.
“In my view, it was time to end the war and bring our troops home and we did. I commend the courage of all those who served in Afghanistan. We grieve all 2,461 Americans made the ultimate sacrifice in the longest war in American history, and I grieve for those brave service members whose lives were lost during the withdrawal,” Biden said. “We also thank those inside and outside of government, have done so much to help thousands of Afghan families resettle in the United States.”
The president looked ahead in his speech as well, urging the incoming Trump administration to continue working on two major challenges for the future: artificial intelligence and the clean energy transition.
“I know, and some incoming administration — some in the incoming administration are skeptical about the need for clean energy. They don’t even believe climate change is real. I think they come from a different century. They’re wrong. They are dead wrong. It’s the single greatest existential central threat to humanity,” Biden said in his strongest criticism of the incoming Trump team of the remarks.