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All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br>Missouri Attorney General Andrew Bailey joins ‘The Bottom Line’ to discuss President Biden’s student loan forgiveness plan and reaction to Harrison Butker’s commencement speech.<br>President <a href="https://www.foxnews.com/category/person/donald-trump" target="_blank" rel="noopener">Donald Trump's</a> Justice Department on Friday asked the Supreme Court to freeze a handful of cases, including a challenge to one of former President Biden's student loan bailouts.<br>Acting Solicitor General Sarah Harris filed several motions Friday asking the court to halt proceedings in the student loan case and three environmental cases while the new administration will "reassess the basis for and soundness" of Biden's policies.<br>The Supreme Court was expected to hear oral arguments for these cases in March or April and issue decisions later this term. But Trump's DOJ requested that the high court halt all written brief deadlines, which would put them on indefinite hold. <br><a href="https://www.foxbusiness.com/politics/bidens-latest-round-student-loan-handouts-brings-admin-total-more-than-5-million" target="_blank" rel="noopener"><strong>BIDEN'S LATEST ROUND OF STUDENT LOAN HANDOUTS BRINGS ADMIN TOTAL TO MORE THAN 5 MILLION</strong></a><br><span>President Donald Trump delivers his inaugural address after being sworn in as the 47th President of the United States in the Rotunda of the US Capitol on Jan. 20, 2025, in Washington, D.C.</span><span> (CHIP SOMODEVILLA/FP via Getty Images / Getty Images)</span><br>Under former President <a href="https://www.foxnews.com/category/person/joe-biden" target="_blank" rel="noopener">Joe Biden</a>, more than 5 million Americans had their student debt canceled through actions taken by the Department of Education. But Biden's actions faced numerous legal challenges, with GOP critics alleging he went beyond the scope of his authority by acting without Congress. <br>In this case, the 5th Circuit Court of Appeals had blocked the Biden administration's borrower defense rule, which would have expanded student debt relief for borrowers who were defrauded by their schools. The court found that Biden's rule had "numerous statutory and regulatory shortcomings." Biden appealed to the Supreme Court, which agreed to hear the case earlier this month.<br><a href="https://www.foxbusiness.com/politics/new-york-republican-proposes-slash-student-loan-interest-rates" target="_blank" rel="noopener"><strong>NEW YORK REPUBLICAN PROPOSES TO SLASH STUDENT LOAN INTEREST RATES</strong></a><br><span>Activists attend a rally outside of the White House to call on U.S. President Joe Biden to cancel student debt on July 27, 2022, in Washington, D.C.</span><span> (Anna Moneymaker/Getty Images / Getty Images)</span><br>Now, that case is on hold, and it is possible the Trump administration will revoke the rule change, rendering the issue moot.<br>The three environmental cases have to do with regulations issued by the <a href="https://www.foxbusiness.com/politics/supreme-court-allows-biden-epa-emission-rule-proceed" target="_blank" rel="noopener">Environmental Protection Agency</a> during the Biden administration that were challenged.<br><span>Biden canceled student loan debt for more than 5 million Americans. </span><span> (REUTERS/Bonnie Cash / Reuters Photos)</span><br><a href="https://foxbusiness.com/" target="_blank" rel="noopener"><strong><u>CLICK HERE TO READ MORE ON FOX BUSINESS</u></strong></a><br>It is not unusual for a new presidential administration to reverse its position on legal cases inherited from the prior administration. After Biden took office, the DOJ asked the Supreme Court to freeze a challenge to Trump's attempt to use military funds to construct a border wall. Biden halted the spending and the court dismissed the case.<br>The Biden administration took similar action with a case that challenged Trump's "Remain in Mexico" policy. The Supreme Court eventually tossed the case as moot after Biden rescinded the policy. <br><br>Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.<br>We've added you to our mailing list.<br>By clicking subscribe, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy" target="_blank">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use" target="_blank">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time. <br> Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by <a href="https://www.factset.com/">Factset</a>. Powered and implemented by <a href="https://www.factset.com/solutions/business-needs/digital-solutions">FactSet Digital Solutions</a>. <a href="https://www.factset.com/privacy">Legal Statement</a>. <br>This material may not be published, broadcast, rewritten, or redistributed. ©2025 FOX News Network, LLC. 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