News & Analysis as of

Relief Measures Biden Administration

Holland & Knight LLP

Good News, Federal Grant Recipients: Relief Is on the Way!

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Recipients of grants and other forms of federal financial assistance will soon get much-needed relief from the heavy access, administrative and compliance burdens currently imposed by the Office of Management and Budget's...more

Best Best & Krieger LLP

U.S. Department of Treasury Releases Updated ARPA Interim Final Rule

The Consolidated Appropriations Act of FY23 created new American Rescue Plan Act (ARPA) eligibility – to include response to natural disasters, to build critical information, and support community development. On August 10,...more

Patterson Belknap Webb & Tyler LLP

The State of Student Loan Debt in Bankruptcy

On June 30, the Supreme Court ruled that the Biden administration did not have authority to forgive student loans under the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act). Despite this defeat,...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

High Court Strikes Down President Biden’s Student Loan Relief Program

The Supreme Court of the United States, on June 30, 2023, struck down President Biden’s student loan relief program that was set to provide partial debt cancellation to approximately 40 million student loan borrowers. As a...more

Dorsey & Whitney LLP

The Supreme Court Update - June 30, 2023

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Today, in the last day of the 2022-2023 term, the Supreme Court of the United States issued three decisions: Department of Education v. Brown, No. 22-535; Biden v. Nebraska, No. 22-506: These cases addressed suits...more

Latham & Watkins LLP

White House Recommends Stricter Regulations for Large Regional Banks

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President Biden is calling for tougher standards and supervision for large regional banks in the wake of recent instability in the US banking sector. On March 30, 2023, the White House issued a Fact Sheet calling on the...more

Nutter McClennen & Fish LLP

Nutter Bank Report: March 2023

President Recommends Regulatory Reforms to Address Recent Bank Failures - President Biden has issued a statement urging the federal banking agencies to adopt regulatory reforms that are meant to reduce the risk of future...more

McDermott Will & Emery

Telehealth and the End of the COVID-19 Emergency

McDermott Will & Emery on

The Biden administration has announced its intent to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our prior article for more information). In response to the...more

WilmerHale

A Look At The Feds' Extraordinary Reaction To SVB Collapse

WilmerHale on

On Sunday evening, the U.S. Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation announced measures to (1) prevent losses to all depositors — including all uninsured depositors — after...more

Bricker Graydon LLP

"B-sides" ARPA - Congress adds fifth and sixth buckets of eligible use

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If you were living your life fully in late December 2022, you can be excused for having missed a big deal in the world of the American Rescue Plan Act. Your “B-sides” authors, however, grew excited at the prospect of new...more

Cadwalader, Wickersham & Taft LLP

Biden-Harris Administration Issues White Paper Addressing Tenants’ Rights

On January 25, 2023, the White House Domestic Policy Council and National Economic Council published a Blueprint for a Renter Bill of Rights (the “Renter Bill of Rights”) on behalf of the Biden‑Harris Administration (the...more

Orrick, Herrington & Sutcliffe LLP

Education Dept. extends student loan moratorium

On December 22, the Department of Education announced a 90-day extended pause on student loan repayment, interest, and collections through May 1, 2022, which will allow the Biden Administration “to assess the impacts of the...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Extends Student Debt Repayment Moratorium in Light of Loan Forgiveness Litigation

As litigation surrounding the Biden-Harris administration’s student debt forgiveness plan persists, the administration announced an extension of the student loan repayment pause through June 30, 2023. In an announcement...more

Ballard Spahr LLP

Eighth Circuit halts Biden Administration’s federal student loan forgiveness program

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On the evening of Friday, October 21, 2022, the U.S. Court of Appeals for the Eighth Circuit put a halt—albeit a potentially temporary one—to the Biden Administration’s federal student loan forgiveness program, which had been...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Opens Application for Student Debt Relief Program and Reports Eight Million Americans Have Already...

On the afternoon of Monday, October 17, President Biden announced via Twitter and press release that the Department of Education (DOE) has officially launched the application for its Student Debt Relief Plan. Borrowers can...more

Spilman Thomas & Battle, PLLC

The Academic Advisor - Education Law Insights, Issue 5, 2022

Legal Challenges Mount for Biden’s Student Loan Debt Forgiveness Plan - “Six Republican-led states and a libertarian policy organization sued the Biden administration over its plan to cancel up to $20,000 in student loan...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Releases Preview of the Student Debt Relief Application Form

On Tuesday, October 11, the Biden-Harris administration and the Department of Education (DOE) provided a preview of the student debt relief application they had announced earlier in the year. Published on the White House’s...more

Bond Schoeneck & King PLLC

Biden Administration’s Student Debt Relief Plan

Background on the Plan - The Biden Administration recently announced a Student Debt Relief Plan (Plan) that will provide one-time federal student loan debt relief to eligible borrowers. After multiple states and the...more

Venable LLP

Biden-Harris Administration Announces Debt Cancellation, Other Changes to Student Lending Program

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​​​​​​​On August 24, 2022, the U.S. Department of Education (the Department) announced an extension of the pause on student loan repayment, student debt cancellation, a new income-driven repayment plan, and proposed changes...more

Faegre Drinker Biddle & Reath LLP

Student Loan Assistance From Employers

As recently announced, President Biden has authorized forgiveness of up to $10,000 for federal student loan borrowers and $20,000 to individuals who received Pell Grants....more

Akin Gump Strauss Hauer & Feld LLP

White House Announces Federal Student Loan Forgiveness Plan and Final Repayment Moratorium Extension

On Wednesday, August 24, the Biden-Harris administration and Department of Education announced a three-part student debt relief plan aimed at making the student loan system more manageable for those with existing student loan...more

Bricker Graydon LLP

Federal procurement rules not applicable to certain ARPA-funded projects

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By now, Ohio municipalities, counties, and townships are well aware that the federal government passed significant coronavirus relief funding in the American Rescue Plan Act (ARPA). Specifically, Ohio’s political subdivisions...more

Proskauer Rose LLP

3 Changes In Final Multiemployer Pension Rescue Rule

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The American Rescue Plan Act of 2021 created a significant new special financial assistance program administered by the Pension Benefit Guaranty Corporation for certain troubled multiemployer pension plans. Shortly after...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 20

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Outlook for This Week in the Nation’s Capital - Congress. The House is in a committee work period, and the Senate is in session this week. Senate Majority Leader Chuck Schumer (D-N.Y.) is planning a procedural vote this week...more

Alston & Bird

Look Ahead to the Week of May 16: Infant Formula Shortages, Rising Gas Prices, and Aid to Ukraine

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Both the House and Senate are in session this week. The House will meet this week to consider infant formula shortages and rising gas prices. Democratic leadership is planning to hold a vote on legislation that would...more

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