[Congressional Record Volume 170, Number 60 (Tuesday, April 9, 2024)]
[House]
[Page H2234]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         BORROWER DEFENSE RULE

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Mr. Speaker, I rise today to report to the House that 
Article III courts have once again protected the American people from 
extreme executive overreach.
  I am talking, of course, about the President's so-called borrower 
defense rule. On Friday, the Fifth U.S. Circuit Court of Appeals 
stopped the regulation in its tracks for now.
  This key decision gives strong reason to believe that the borrower 
defense scheme will be permanently scuttled.
  Writing for the court, Judge Edith Jones said: `` . . . we assess a 
strong likelihood that the plaintiffs will succeed on the merits in 
demonstrating the Rule's numerous statutory and regulatory 
shortcomings.''
  This is a grand slam for taxpayers and for every American who never 
stepped foot on a college campus yet have been forced to pay for 
others' student debt.
  God bless our Republican system of checks and balances.

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