Biden disappoints liberals on minimum wage hike and student loan forgiveness

The White House and left-wing Democrats are likely heading for blows after President Biden appeared to close the door on several of their top demands, threatening to splinter the party.

The president used his first town hall in office to pour cold water on the liberals’ calls for $50,000 worth of student loan relief per person and also took a step away from them as he signaled he is open to negotiating a minimum wage hike to a point less than their preferred $15 per hour. His comments put the two long-standing demands from progressive lawmakers and activists in jeopardy.