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Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Former President Donald Trump could roll back Biden’s student loan relief policies, leading to higher payments and less debt cancellation.
Impact on Borrowers
A reversal could affect low- and middle-income borrowers who have benefited from current income-driven repayment (IDR) reforms. If Vice President Kamala Harris wins the 2024 election, she may continue and expand Biden's policies, potentially canceling additional student and medical debt, according to The Washington Post.
Potential Changes to SNAP Benefits
Trump may also reduce Supplemental Nutrition Assistance Program (SNAP) benefits by $30 billion annually, adding financial pressure on lower-income households, as noted by The New York Times.
Trump’s approach is expected to include broader fiscal policy shifts, such as tax cuts and reduced government spending.
