President Joe Biden on Monday said legal challenges to his plan to cancel debt for a wide swath of student borrowers will not succeed, as he announced the formal launch of the loan-forgiveness application. Asked during a White House event if he was worried lawsuits would halt the relief program, Biden replied: “our legal judgment is that it won’t.” Last month, six Republican-led states filed a lawsuit in federal court asking for the plan to be blocked. Biden said the beta version of the site processed 8 million applications over the weekend without glitches.
USDJPY: the pair declines ahead of the US ADP employment data
The USDJPY rate fell below 154.00 on Wednesday amid rising wages in Japan. Today, the market will focus on the US ADP employment statistics. Find