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The average student in debt has about ,000 to pay. It’s a more-than trillion problem for the U.S.Congress could step in: There is a bill with bipartisan support that gives businesses a tax break if they help employees pay student loans. Some companies are awaiting the legislation’s passage to begin college debt repayment benefit programs.Others have been chipping away at employee loans for years.Investment company Fidelity has a student loan assistance benefit that launched in 2019. It pays, on average, about 7 per month toward an employee’s loans, up to ,000.Fidelity is one of several major corporations helping employees pay down their student loan debt. They say it helps recruit top talent and to reduce turnover.Last year, Fidelity rolled out a dept repayment program for other businesses to use, too. 837
The Dow tumbled more than 950 points at one point on Monday and global stocks were in disarray after China escalated the trade war with the United States.The Dow finished down 767 points for the day. The Chinese government devalued the yuan to fall below its 7-to-1 ratio with the US dollar for the first time in a decade Monday. A weaker currency could soften the blow the United States has dealt China with its tariffs.The weak yuan ignited fear on Wall Street that a currency war has begun or that the United States would respond with even higher tariffs, prolonging the standoff with China and potentially weakening the global economy. Investors are particularly concerned that the Trump administration could try to devalue the dollar, sparking a currency war that could weaken Americans' purchasing power."Risks of Trump intervening in foreign exchange markets have increased with China letting the yuan go," wrote Viraj Patel, FX and global macro strategist at Arkera, 987

The New Mexico State Police released video on Thursday of a wild wrong-way police chase from earlier in the month of a wrong-way driver that caused a semi to jackknife. 181
The Democratic National Committee's Rules and Bylaws Committee voted to remove "virtual caucusing" from Iowa's and Nevada's 2020 caucus plans on Friday, giving the states about two weeks to form an alternative proposal.The move leaves Iowa -- which had planned to use only the vote-by-phone method to comply with the Democratic Party's rules to expand voting access in the caucus states -- in a particularly tough position.Nevada's plans included in-person early voting, meaning the committee could find the state's plan in compliance without that element.Last week, DNC Chairman Tom Perez issued a statement with the committee's co-chairs saying the vote-by-phone method didn't meet security standards set to avoid hacking or tampering."While today's decision is not unexpected, we are still disappointed," Iowa Democratic Party Chairman Troy Price said in a statement after the vote. "We continue to have confidence in the abilities of our vendors to enact this process, but if the DNC does not believe the virtual caucus can be secure, then we cannot go forward. With less than five months to go, we are continuing to explore as quickly as possible what alternatives may exist in order to securely expand accessibility for the 2020 caucuses."Price, who's in New Hampshire for that state's Democratic Party convention, has been meeting with officials to find a way to include early voting in the caucus process.At issue is the use of paper ballots for Iowa, which is firmly opposed by New Hampshire, as that could seem too much like a primary to officials intent on keeping the New England state as the first in the nation primary. Should Iowa institute paper ballots in 2020, there is a possibility that New Hampshire will move its primary date before Iowa's caucuses.The DNC established new rules for caucuses last year, which included requiring an absentee option for voters who couldn't attend the regular caucus. Seven states that used party-run caucuses in 2016 will instead hold primaries in 2020."It is unfortunate the DNC won't allow us to go forward with the virtual caucus in 2020," Nevada State Democratic Party Chair William McCurdy II said in a statement. "Despite this change with less than six months to go before our February caucus, NV Dems is committed to continuing engaging new Democrats, bringing more voices into this critically important process and hosting multiple options to participate in our caucus."Rules committee members lamented their vote against virtual caucusing, citing their desire to expand voting in the primary process."I want to applaud both our state Democratic parties -- both Iowa and Nevada -- for getting as far as they did without any real, tangible guidance from either this committee or the DNC," Artie Blanco, a Nevada member of the rules committee, said ahead of the decision.Accusing Republicans of failing to protect voting from adversaries, Blanco said that "it is impossible to find a technology secure enough for our virtual caucus to protect against hacking attempts."Multiple rules committee members echoed the accusation against the Republican Party of failing to protect voting. While no member mentioned the 2016 Russian hacks of the DNC at this meeting, the issue has reverberated throughout their deliberations over these plans."These states are working hard with the assistance of DHS and the FBI. Frankly, they're not getting a lot of help from President Trump or from Senator Mitch McConnell, who are in fact trying to impede this," former Clinton White House official and committee member Elaine Kamarck said. "Nevertheless, the federal government has civil servants that are still working to try and help the state officials in those states make a safer process."Rules committee Chairman James Roosevelt Jr., recognizing the difficult position the caucus states were in, announced that Chairman Perez endorsed his plan to work with DNC leadership to find a way to make virtual caucusing work in the future."This time the effort was left to the states because that's the way the plans are normally developed," Roosevelt said. "I think we recognize now that this is bigger than any one state's problem. I'm going to urge the DNC leadership to lead this effort following the general election, so that we have three years to deal with it."The committee will meet again within two weeks to vote on final proposals from each state. Should Iowa not be able to come up with a plan in compliance, the committee could issue a waiver of the rules in 2020, which is considered a last resort. 4562
The House Committee on Ethics announced Wednesday it is opening an investigation into allegations that Democratic Rep. Katie Hill of California engaged in an 170
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