House Speaker Nancy Pelosi (D-Calif.) on Wednesday appeared to distance herself Senate Majority Leader Chuck Schumer (D-N.Y.) and other Democrats who are calling on President Biden to cancel student debt via executive action.
"People think that the president of the United States has the power for debt forgiveness," Pelosi said while addressing orders. "He does not. He can postpone. He can delay. But he does not have that power. That ... has to be an act of Congress."
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