Russia will pull out of the International Space Station (ISS) after 2024 to focus on building its own outpost on the orbit. Russia and the US cooperated in space even at the height of the Cold War, improving US and Soviet relations.
President Joe Biden considers forgiving up to $10,000 of student loan debt as a ploy to appeal to young voters. The pandemic pause on student loan repayments will expire August 31 as the President attempts to extend the freeze until the end of 2022 or by next summer.
The Biden administration is releasing more oil from the Strategic Petroleum Reserve (SPR) after a failed effort to increase supply from Saudi Arabia. In a statement Tuesday, the White House said the Department of Energy would sell another 20 million barrels of oil from the reserves to stabilize the gas market.
The White House announces President Joe Biden has tested negative for COIVD-19 and his symptoms are almost completely resolved. In a statement Wednesday, Physician to the President Kevin O’Connor said Biden will no longer be subject to isolation after testing negative last night and again Wednesday morning
The Federal Reserve has imposed another big interest rate hike in an effort to tackle runaway inflation. Chairman Jerome Powell announced Wednesday, the Central Bank is raising rates by an additional three-quarters of a percentage point. This is the fourth rate hike in five months, further stoking fears of a recession.
The White House has continued to play off concerns of recession. Both the President and his aides insisted Monday that their administration does not believe the economy will hit a recession despite widespread inflation. Their dismissal came ahead of the GDP report to be released this week, which will show whether the US has experienced two consecutive quarters of shrinking.
White House Chief Medical Adviser, Dr. Anthony Fauci has continued to defend COVID-19 vaccine mandates. In a recent interview, he was asked why vaccines are still mandated in many places when he himself was quoted as saying that everyone would come into contact with COVID and most would contract it anyway.
The Biden administration deployed Kamala Harris to Indiana as the state becomes the first to hold a special session to discuss abortion laws. On Monday, Hoosier lawmakers discussed a bill that would ban abortions except in cases of rape or incest.
A January 6 defendant died of an apparent suicide while awaiting sentencing. Recently, 47-year-old Pennsylvania native Mark Aungst who pled guilty in May to parading in a restricted building was found dead. The Lycoming County coroner has ruled the death to be a suicide. Aungst was expected to serve prison time, but an exact amount had not been set yet. He faced a maximum of six months.
Congressman Adam Schiff (D-Calif.) said Biden DOJ should open a formal investigation with Donald Trump over the January 6 protest. In an interview on Sunday, Schiff claimed that the evidence allegedly collected by Democrat-run committee led him to believe Trump may be connected to clashes at the Capitol.