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Pelosi’s softness on canceling student debt has 80 progressive organizations ‘disappointed’

Chuck Schumer Nancy Pelosi

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Last month, Speaker of the House Nancy Pelosi broke with many of her Democratic colleagues when she told reporters that President Joe Biden does not have the power to cancel student debt. 

“People think that the president of the United States has the power for debt forgiveness. He does not,” Pelosi said. “He can postpone, he can delay, but he does not have that power.”

In saying so, Pelosi undercut the hopes of many progressives for massive student-debt cancellation, especially Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer, who have made that the core of details ⇒

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