JD Vance: About 870,000 People Accused of Misusing Taxpayer Funds Barred From Federal Loans

U.S. Vice President JD Vance said the federal government will end related eligibility and stop providing support to anyone who harms U.S. taxpayers. According to Sina Finance, the government will revoke the ability of about 870,000 people to apply for federal loans after they were accused of stealing taxpayer funds. Vance said those people will no longer be able to apply for such loans and called the move "very reasonable." Even if they submit applications, they will not receive those benefits.