US Comfortable With Canada Trade Standoff as Import Bans Loom 
China Agrees to Buy 20 Million Tons of U.S. Coal 
ECB May Stop Rate Hikes After December, Capital Economics Says 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
US Stocks Face Jobs, Inflation Test as Fed Rate Hike Bets Rise 
South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Trump to Ease U.S. Fuel-Economy Standards 
Trump, Xi Focus on Trade and AI at White House Summit 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
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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.
