The top Republicans on two House committees want the White House to reveal whether any administration officials who worked on President Biden’s student-loan forgiveness plan will personally benefit.
“We write to request documents and information to determine whether Biden administration officials have a conflict of interest in advocating for and enacting this massive government handout in which they or their family members would receive a financial benefit at the expense of American taxpayers,” Reps. James Comer, of Kentucky, and Virginia Foxx, of North Carolina, wrote in a letter Thursday to White House Counsel Stuart Delery and obtained by Bloomberg News.
Comer is the ranking Republican on the chamber’s Oversight and Reform Committee, and Foxx is the top Republican on the chamber’s Education and Labor committee.
They cited a May 19 Bloomberg News report that stated least 30 senior White House staffers collectively could have as much as $4.7 million in outstanding student loans, based on mandatory financial disclosure filings.
White House press secretary Karine Jean-Pierre said Thursday that she had not seen the letter and declined to comment on it or whether the administration considered aides with student loan debt to be biased in consideration of the policy, Bloomberg also reports.
Biden through executive powers announced last month that the government will cancel up to $10,000 in student loans and $20,000 for people who received Pell Grants, with a cap of individual beneficiaries making $125,000 annually or households brining in $250,000 or less.