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Joe Biden, Jr.'s Public Statements on Issue: Finance and Banking

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On The Ballot: Running, Democratic for President

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Finance and Banking

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01/17/2024 Statement from President Joe Biden on the CFPB's Proposed Rule to Curb Overdraft Fees
01/12/2024 Statement from President Joe Biden on Early Student Debt Cancellation for Borrowers Enrolled in SAVE
12/09/2023 Remarks by President Biden on Investing in America | Las Vegas, NV
10/11/2023 Remarks by President Biden on New Actions to Protect Consumers from Hidden Junk Fees and Put More Money Back in the Pockets of Hardworking Americans
01/14/2023 Tweet - "Our student debt relief plan would allow more than 40 million Americans to breathe easier, getting folks who need it up to $20,000 in relief. Republican officials are standing in the way. This Administration doesn't back down that easy--we're fighting back in the Supreme Court."
12/10/2022 Tweet - "Think about working for 50 years, tracking every dollar and securing your retirement. Then, you lose half of that pension through no fault of your own. That's why we signed the Butch Lewis Act, to protect the union pensions so many sacrificed to secure."
12/09/2022 Tweet - "By including the "Butch-Lewis Act" in the American Rescue Plan, we shored up the pension plans for millions of union workers. It represents the most significant investment in pension security for union workers and retirees in the past 50 years."
12/01/2022 Tweet - "Republican officials are throwing up roadblocks in order to prevent middle-class families from getting the student debt relief they need. We are taking our case to the Supreme Court. Today, they announced that they'll hear it in February. We will keep fighting."
11/22/2022 Tweet - "I'm confident that our student debt relief plan is legal. But it's on hold because Republican officials want to block it. That's why @SecCardona is extending the payment pause to no later than June 30, 2023, giving the Supreme Court time to hear the case in its current term."
11/18/2022 Tweet - "Unfair, hidden fees known as "junk fees" take real money out of the pockets of American families. Things like banking overdraft fees and excessive credit card late fees -- they add up. My Administration is making it clear that they're illegal."
11/08/2022 Letter to the Speaker of the House of Representatives and the President of the Senate on the Continuation of the National Emergency With Respect to the Threat from Securities Investments that Finance Certain Companies of the People's Republic of China
11/04/2022 Tweet - "There are 16 million Americans who will have their student debt relief applications approved by the Department of Education by the end of this week. They won't be able to get their relief because Republican officials are standing in the way."
10/26/2022 Tweet - "We're cracking down on hidden "junk" fees like surprise overdraft and deposit fees, credit card late fees, hidden hotel booking fees. Even those termination charges that stop you from switching cable and internet plans to get a better deal. They add up. We're taking action."
10/26/2022 Remarks by President Biden on Protecting American Consumers from Junk Fees
10/25/2022 Tweet - "The same Republicans in Congress who received hundreds of thousands -- even millions -- of dollars in pandemic relief are doing everything they can to oppose student loan debt relief for working Americans. I don't want to hear it."
10/25/2022 Tweet - "Republican governors wrote me a letter saying student debt relief only helps the "elite few." Ted Cruz, the great senator from Texas, said it's for slackers who don't deserve relief. Who in the hell do they think they are?"
10/25/2022 Tweet - "If you have student loan debt, you can apply for relief at http://StudentAid.gov. There are no forms to upload and no special log-in to remember. It takes less than five minutes."
10/21/2022 Remarks by President Biden on Student Loan Forgiveness
10/18/2022 Tweet - "More than 40 million Americans stand to benefit from our student loan debt relief. Nearly 20 million of them could see their debts canceled. About 90% will go to those making under $75,000 a year. And not a dime will go to those in the top 5% of incomes. Period."
10/17/2022 Tweet - "I recently announced my Administration's plan to relieve up to $20,000 in student loan debt if you received a Pell Grant and up to $10,000 if you didn't. Today, I'm announcing how working- and middle-class folks can apply for that relief. Go to http://studentaid.gov/debtrelief/apply."
10/17/2022 Remarks by President Biden on the Student Debt Relief Portal Beta Test
10/17/2022 Tweet - "Folks, apply for student loan debt relief today. No forms. No special log-in. It's available in English and Spanish -- and on desktop and mobile. And it'll take you less than 5 minutes. http://studentaid.gov/debtrelief/apply"
10/13/2022 Remarks by President Biden on Lowering Costs for American Families
09/20/2022 Tweet - "Dark money erodes public trust. We need to protect public trust--and I'm determined to do that. Republicans should join Democrats to pass the DISCLOSE Act and get it to my desk right away."
09/20/2022 Tweet - "There's too much dark money flowing in the shadows of our politics. The DISCLOSE Act ensures groups that run issue ads to influence elections will have to disclose contributions above $10,000. And foreign entities would be banned from making any contributions for these ads."
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