Flashback: Nancy Pelosi Said President Lacks Authority to ‘Forgive’ Student Debt

Flashback: Nancy Pelosi Said President Lacks Authority to ‘Forgive’ Student Debt
https://archive.ph/TlNp3
In July of 2021, House Speaker Nancy Pelosi said President Joe Biden does not have the executive authority to issue “debt forgiveness,” arguing that such action would be illegal and that it has “to be an act of Congress.”
“People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress,” Pelosi said July 28 at a press conference. ....