Shortly after Election Day last year, veteran Sen. Chuck Schumer of New York joined three newly elected House Democrats in their call for incoming President Biden to use his executive authority to cancel up to $50,000 in student loan debt.
"I have spoken to him. I have told him how important it is. He is considering it," Schumer said at a New York press conference with then-Reps.-elect Mondaire Jones, Ritchie Torres and Jamaal Bowman. Months earlier, Schumer had backed Bowman's primary opponent, longtime incumbent Rep. Eliot Engel.