Key PointsIn this articlePresident Joe Biden's infrastructure initiative — and the measures it contains to curb climate change — may be a tailwind for investors in so-called sustainable or ESG funds, according to financial advisors.If signed into law, the infrastructure proposal would federal efforts ever to curb the country's greenhouse gas emissions.Many of the clean-energy measures, such as funding for electric vehicles, millions of additional charging ports for them, and retrofitting buildings and residences, would help the president achieve a goal of net-zero emissions by 2050,...…Key PointsIn this articlePresident Joe Biden's infrastructure initiative — and the measures it contains to curb climate change — may be a tailwind for investors in so-called sustainable or ESG funds, according to financial advisors.If signed into law, the infrastructure proposal would federal efforts ever to curb the country's greenhouse gas emissions.Many of the clean-energy measures, such as funding for electric vehicles, millions of additional charging ports for them, and retrofitting buildings and residences, would help the president achieve a goal of net-zero emissions by 2050,...WW…

Key PointsThe Centers for Disease Control and Prevention has extended the national ban on evictions through the end of June."The COVID-19 pandemic has presented a historic threat to the nation's public health," CDC director Dr. Rochelle Walensky said in a statement. "Keeping people in their homes and out of crowded or congregate settings — like homeless shelters — by preventing evictions is a key step in helping to stop the spread of COVID-19."The eviction ban was scheduled to expire in two days, and advocates warned of a spike in evictions without an extension.Around 20% of adult renters...…Key PointsThe Centers for Disease Control and Prevention has extended the national ban on evictions through the end of June."The COVID-19 pandemic has presented a historic threat to the nation's public health," CDC director Dr. Rochelle Walensky said in a statement. "Keeping people in their homes and out of crowded or congregate settings — like homeless shelters — by preventing evictions is a key step in helping to stop the spread of COVID-19."The eviction ban was scheduled to expire in two days, and advocates warned of a spike in evictions without an extension.Around 20% of adult renters...WW…

Key PointsStudent loan forgiveness is now tax-free, thanks to a provision included in the that President Joe Biden signed into law on Thursday.Formerly, any student loan debt canceled by the government was considered taxable and levied at the borrower's normal income tax rate.Advocates and borrowers hope the change will remove an obstacle in the way of the president canceling the debt.Biden says he's in support of $10,000 in student loan forgiveness, but he's under  from , and to go further and cancel $50,000 per borrower.More from Personal Finance:Before the relief bill passed,...…Key PointsStudent loan forgiveness is now tax-free, thanks to a provision included in the that President Joe Biden signed into law on Thursday.Formerly, any student loan debt canceled by the government was considered taxable and levied at the borrower's normal income tax rate.Advocates and borrowers hope the change will remove an obstacle in the way of the president canceling the debt.Biden says he's in support of $10,000 in student loan forgiveness, but he's under  from , and to go further and cancel $50,000 per borrower.More from Personal Finance:Before the relief bill passed,...WW…

Key PointsIn the latest stimulus package making its way through Congress, there's no extension of the national ban on evictions that is set to expire this month, meaning millions of Americans could be at risk of losing their homes as .President Joe Biden the eviction .However, because Democrats have decided to pass the legislation through a process called budget reconciliation, they can't include the eviction ban in the relief bill.More from Personal Finance:Democrats are pursuing the reconciliation route so that they can push through a massive $1.9 trillion stimulus bill without Republican...…Key PointsIn the latest stimulus package making its way through Congress, there's no extension of the national ban on evictions that is set to expire this month, meaning millions of Americans could be at risk of losing their homes as .President Joe Biden the eviction .However, because Democrats have decided to pass the legislation through a process called budget reconciliation, they can't include the eviction ban in the relief bill.More from Personal Finance:Democrats are pursuing the reconciliation route so that they can push through a massive $1.9 trillion stimulus bill without Republican...WW…

Key PointsA federal judge in Texas has ruled that the national ban on evictions that's is unconstitutional."Although the Covid-19 pandemic persists, so does the Constitution," U.S. District Judge John Barker wrote Thursday evening, siding with a group of property managers who argued that the ban exceeds the power of the federal government.The Centers for Disease Control and Prevention's national eviction moratorium was first announced under former President in September 2020. It prohibited evicting renters who were financially struggling because of the ., and has called for it to be kept in...…Key PointsA federal judge in Texas has ruled that the national ban on evictions that's is unconstitutional."Although the Covid-19 pandemic persists, so does the Constitution," U.S. District Judge John Barker wrote Thursday evening, siding with a group of property managers who argued that the ban exceeds the power of the federal government.The Centers for Disease Control and Prevention's national eviction moratorium was first announced under former President in September 2020. It prohibited evicting renters who were financially struggling because of the ., and has called for it to be kept in...WW…

Key PointsIt whether student loan forgiveness will happen — and if it does, how much of borrowers' loans will be canceled.On the campaign trail, at least $10,000 for all borrowers, and more for those who attended public colleges or historically Black colleges and universities.However, amid the , Biden is under  from members of his own party, advocates and borrowers to go further by forgiving $50,000 per person and .More from Personal Finance:"All you need is the flick of a pen," the Senate's top Democrat, Sen. of New York, about forgiving student debt. "You don't need...…Key PointsIt whether student loan forgiveness will happen — and if it does, how much of borrowers' loans will be canceled.On the campaign trail, at least $10,000 for all borrowers, and more for those who attended public colleges or historically Black colleges and universities.However, amid the , Biden is under  from members of his own party, advocates and borrowers to go further by forgiving $50,000 per person and .More from Personal Finance:"All you need is the flick of a pen," the Senate's top Democrat, Sen. of New York, about forgiving student debt. "You don't need...WW…

Key PointsIn the stimulus package , the national ban on evictions was and a was established for renters struggling amid the health and economic crisis.That money will help to keep many of the who are behind on their rent in their homes during the coldest months of the year and while a pandemic rages. Still, housing advocates say more money is needed. By one estimate, after 10 months of record job losses and business shutdowns, rental arrears in the U.S. may be closer to ."While this is a critical start, these provisions will not end the eviction crisis and will not help all renters who...…Key PointsIn the stimulus package , the national ban on evictions was and a was established for renters struggling amid the health and economic crisis.That money will help to keep many of the who are behind on their rent in their homes during the coldest months of the year and while a pandemic rages. Still, housing advocates say more money is needed. By one estimate, after 10 months of record job losses and business shutdowns, rental arrears in the U.S. may be closer to ."While this is a critical start, these provisions will not end the eviction crisis and will not help all renters who...WW…

Key PointsIn this articleRoger Ferguson sees a bright light ahead for investors, but only at the end of a dark tunnel.Ferguson, 69, is president and chief executive officer of TIAA. He is the former vice chairman of the Board of Governors of the U.S. Federal Reserve System. He also represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees. He recently announced that he intends to retire in March 2021 from TIAA after 12 years with the financial firm.The Biden administration is now considering him for a top economic position.One...…Key PointsIn this articleRoger Ferguson sees a bright light ahead for investors, but only at the end of a dark tunnel.Ferguson, 69, is president and chief executive officer of TIAA. He is the former vice chairman of the Board of Governors of the U.S. Federal Reserve System. He also represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees. He recently announced that he intends to retire in March 2021 from TIAA after 12 years with the financial firm.The Biden administration is now considering him for a top economic position.One...WW…

Key PointsU.S. Department of Education Secretary Betsy DeVos on Friday that the payment pause and interest waiver for student loan borrowers will be extended through the end of January.The department said it would also halt collection activity on federal student loans, including garnishing wages and Social Security checks, until next year.The 42 million Americans with federal student loans were offered a break from their monthly bills in March, as it became clear that the coronavirus pandemic would drive up unemployment. That relief was set to expire in September, but President Donald Trump...…Key PointsU.S. Department of Education Secretary Betsy DeVos on Friday that the payment pause and interest waiver for student loan borrowers will be extended through the end of January.The department said it would also halt collection activity on federal student loans, including garnishing wages and Social Security checks, until next year.The 42 million Americans with federal student loans were offered a break from their monthly bills in March, as it became clear that the coronavirus pandemic would drive up unemployment. That relief was set to expire in September, but President Donald Trump...WW…

Key PointsSen. Minority Leader Chuck Schumer continues to on President-elect Joe Biden to forgive up to $50,000 in student debt per borrower on the first day of his presidency."We have come to the conclusion that President Biden can undo this debt, can forgive $50,000 of debt the first day he becomes president," Schumer said on Monday outside his office in Midtown Manhattan. "You don't need Congress; All you need is the flick of a pen."More than 40 million Americans have a lot riding on the answer of whether or not a president can forgive student debt without Congress. Borrowers could see...…Key PointsSen. Minority Leader Chuck Schumer continues to on President-elect Joe Biden to forgive up to $50,000 in student debt per borrower on the first day of his presidency."We have come to the conclusion that President Biden can undo this debt, can forgive $50,000 of debt the first day he becomes president," Schumer said on Monday outside his office in Midtown Manhattan. "You don't need Congress; All you need is the flick of a pen."More than 40 million Americans have a lot riding on the answer of whether or not a president can forgive student debt without Congress. Borrowers could see...WW…