FTC Commissioner Wilson Resigns; NCLA Warns that Student-Loan Plan Lacks Congressional Appropriation

FTC Commissioner Wilson Announces Resignation

Commissioner Christine Wilson has recently announced her plans to soon resign from the Federal Trade Commission due to FTC Chair Lina Khan’s “disregard for the rule of law and due process.” Without Wilson, the FTC will have three remaining members of what is usually a five- member panel.

NCLA Litigation Counsel Kara Rollins joins Vec to discuss the resignation of Commissioner Wilson.

NCLA Warns Dept. of Education that Proposed Student-Loan Plan Lacks Congressional Appropriation

The U.S. Department of Education’s proposed rule “Improving Income-Driven Repayment for the William D. Ford Federal Direct Loan Program” represents the latest effort to achieve through administrative fiat a massive and untargeted cancellation of student-loan debt that elected members of Congress have repeatedly declined to legislate, authorize, or pay for. NCLA has filed a Comment objecting to ED’s planned overhaul of income-driven repayment, on the grounds that the agency not only lacks the statutory authority to promulgate the proposed rule, but its statutory interpretation would also constitute an unconstitutional delegation of legislative power from Congress in violation of the Vesting and Appropriations Clauses of the Constitution.

Mark and NCLA Litigation Counsel Sheng Li talk through NCLA’s Comment on ED’s newest unlawful student loan forgiveness program.