WASHINGTON, DC — Representative Kevin Hern (OK-01) released the following statement after the Supreme Court struck down Biden’s student loan bailout in a vote of 6-3.

“Forgiving student loans is not under the jurisdiction of the President of the United States,” said Rep. Hern. “Even former Speaker Nancy Pelosi agrees. On July 28, 2021, she said, ‘People think that the President of the United States has the power for debt forgiveness. He does not. […] That has to be an act of Congress.' Today, the Supreme Court sided with the American taxpayers and rejected President Biden’s student loan bailout, which would have been the most reprehensible transfer of wealth away from the working class that our country has ever seen. I applaud their decision.”