Leaked Memo Shows Pelosi Billionaire Donors Made Her Come Out Against Chuck Schumer & Progressives!

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A memo uncovered by The Intercept shows that House Speaker Nancy Pelosi (D-California) opposed supporting a push for President Joe Biden to cancel student loan debt after billionaire donors, with whom she has close ties, urged her to do so.

Last week, Pelosi announced her opposition to a popular progressive proposal to cancel student loan debt, which advocates say could provide major relief to millions of borrowers and provide a huge boost to the COVID-burdened economy.

“People think that the president of the United States has the power for debt forgiveness. He does not,” Pelosi said, adding that, though she believes Congress should be in charge of the proposal, she also thinks student debt relief is unfair.

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