A senior Biden administration official denies claims by seven Republican state attorneys general that the Department of Education planned to forgive $147 billion in student debt before finalizing the rule, stating that only preparatory work was being done. The AGs allege that the DOE was secretly implementing the plan, leading to a temporary block by a Georgia judge. The lawsuit challenges the program’s legality, claiming it violates the Constitution, with a hearing scheduled next week.
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Moody's (MCO) Q2 2025 Earnings Call Transcript
In Q2 2025, Moody's (NYSE:MCO) showed resilience by achieving revenue growth and increased adjusted operating margins despite a tough origination landscape and issuance declines. The company is focusing on private credit for growth, enhancing its role through strategic investments and partnerships, while also integrating GenAI and digital solutions to boost engagement and monetization opportunities. Want More Context? 🔎
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