WASHINGTON (Reuters) – President Joe Biden will ask the Department of Justice to review his legal authority to cancel student loan debt, the White House said on Wednesday, adding the president does not favor $50,000 in student loan relief without limitation.
“Once his team is in place at the Justice Department… he will ask them to conduct a legal review of his authority to act by executive action,” White House spokeswoman Jen Psaki told reporters.
(Reporting by Nandita Bose, Susan Heavey and Daphne Psaledakis; Editing by Chris Reese)