I am very pleased to see that the President seems to have embraced Republicans' proposal to shift the calculation of student loan interest rates away from Washington politicians and toward a market-based formula.
Foxx supports a market-based approach to student loan interest rates.
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I reserve the balance of my time. Mr. McGOVERN. Mr. Speaker, I yield 2 minutes to the gentleman from New York (Mr. Meeks), the ranking member of the Foreign Affairs Committee.
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