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Trending News : Monday 10.23.23

New York City has unveiled a sculpture of alligators lurking in the sewers — a playful homage to one of the city’s long-standing myths. However, the uncomfortable truth is that alligators do occasionally turn up in the Big Apple, like the one rescued from Brooklyn’s Prospect Park earlier this year.

 

Here’s what else you need to know to Get Up to Speed and On With Your Day.

 

Student loans

 


Although the Supreme Court struck down President Joe Biden's hallmark student loan forgiveness program in June, his administration has found ways to cancel more than $48 billion in debt since then. The cancellations have come through existing federal student loan forgiveness programs, which are limited to specific categories of borrowers, such as public-sector workers, people defrauded by for-profit colleges, and borrowers who have paid for at least 20 years. The Biden administration has been granting that debt forgiveness on a rolling basis and has discharged a total of $127 billion for nearly 3.6 million people to date. Meanwhile, Biden's Republican critics say that at least some of his debt relief actions are illegal and are an attempt to circumvent the Supreme Court's ruling.

House speaker


House Republicans are once again scrambling to elect a new speaker after voting to push Ohio Rep. Jim Jordan out of the race Friday — the latest sign of the chaos and divisions that have engulfed the majority party. Following Jordan's exit, nine new candidates have entered the race for the gavel. Republican Rep. Tom Emmer, the House majority whip, received the backing of former Speaker Kevin McCarthy, delivering an early boost for his candidacy. Still, it remains to be seen which candidate can gather the support necessary from their conference to secure the 217 votes needed to end Congress' ongoing dysfunction

Shopping for an electric vehicle? There are some big discounts right now


Several automakers and car dealers are offering huge discounts on EVs, particularly luxury models.

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