House

Dem bill would prevent automatic student loan defaults

Rep. Tim Bishop (D-N.Y.) said Thursday that he will introduce a bill to require private lenders to notify students when a loan is placed in automatic default.

The New York Democrat said his bill would prevent student borrowers from facing automatic defaults on their loans if a co-signer suddenly dies or files for bankruptcy. 

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Lawmakers urge FDA to modify brewery grain rules

Lawmakers are pushing the Food and Drug Administration to modify proposed rules requiring breweries to inspect spent grain given to cattle.

In a letter to FDA Commissioner Margaret Hamburg, 13 House members said the proposed regulation would impose heavy costs on small breweries.

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