Pressley, Booker, Warren Unveil Bill to Suspend Garnishments for Student Loan Borrowers

Bill Comes as Trump Admin. Set to Seize Hard-Earned Wages, Tax Refunds, and Social Security Checks for Struggling Borrowers The Ending Administrative Wage Garnishment Act of 2025 will also reform administration of the administrative wage garnishment program Bill Text (PDF) WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07), along with Senators Cory Booker (D-NJ) and Elizabeth Warren (D-MA),…

Gensol Faces Insolvency Proceedings Over ₹510 Crore Default to IREDA

Indian green energy financier IREDA files bankruptcy petition against Gensol Engineering over a ₹510 crore loan default amid fund misuse allegations. IREDA Files Bankruptcy Plea Against GensolIn a formal application submitted on 14 May 2025, IREDA sought to initiate corporate insolvency resolution proceedings against Gensol Engineering under Section 7 of India’s Insolvency and Bankruptcy Code…