Annie Nova
Personal Finance Reporter at CNBC
Personal finance reporter @CNBC. Words in lots of places. When not writing things, trying not to write things, or listening to Leonard Cohen.
Articles
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2 days ago |
telemundochicago.com | Annie Nova
El Departamento de Educación de EEUU está suspendiendo su plan de embargar las prestaciones del Seguro Social a quienes incumplen con sus préstamos estudiantiles, según declaró a CNBC un portavoz de la agencia. “El gobierno de Trump se compromete a proteger a los beneficiarios del Seguro Social, quienes a menudo dependen de ingresos fijos”, declaró Ellen Keast, portavoz del Departamento de Educación. Esta decisión supone un cambio abrupto en la política del gobierno.
Social Security benefits get reprieve from student loan collections, but paychecks are still at risk
3 days ago |
cnbc.com | Annie Nova
Getty ImagesThe Trump administration paused its plan to garnish Social Security benefits for those who have defaulted on their student loans — but says borrowers' paychecks are still at risk. "Wage garnishment will begin later this summer," Ellen Keast, a U.S. Department of Education spokesperson, told CNBC. Since the Covid pandemic began in March 2020,collection activity on federal student loans had mostly been on hold.
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3 days ago |
flipboard.com | Annie Nova
NowTrump administration requests another pause in tariff ruling on two toy companiesNew York CNN — The Trump administration has asked for a pause in a second court ruling challenging its sweeping tariffs invoked under emergency powers. The administration asked a US appeals court to stay a preliminary injunction from last week in a case that affected two US toymakers.
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3 days ago |
cnbc.com | Annie Nova
The U.S. Department of Education is seen on March 20, 2025 in Washington, DC. U.S. President Donald Trump is preparing to sign an executive order to abolish the Department of Education. Win Mcnamee | Getty Images News | Getty ImagesThe U.S. Department of Education is pausing its plan to garnish people's Social Security benefits if they have defaulted on their student loans, a spokesperson for the agency tells CNBC.
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3 days ago |
nbcbayarea.com | Annie Nova
Social Security recipients do not need to worry about their benefits being garnished due to their defaulted student loans, at least for now. The development is an abrupt change in policy by the administration, which had announced in April that it would be resuming collection activity on defaulted student loan borrowers. The Education Dept. had said that Social Security benefit offsets could begin as early as June.
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