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Ayanna Pressley, Colleagues Lead Push to Block Privatization of Federal Student Loan Portfolio

Summary by Shine My Crown
Congresswoman Ayanna Pressley (MA-07), joined by Senators Elizabeth Warren (D-MA) and Bernie Sanders (I-VT), is leading a growing effort in Congress to stop the Trump Administration from advancing any plan to sell or transfer the federal student loan portfolio—currently valued at $1.6 trillion—to private lenders and financial firms. In a letter sent today to Education Secretary Linda McMahon and Treasury Secretary Scott Bessent, the lawmakers, b…
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Shine My Crown broke the news in on Tuesday, November 25, 2025.
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