Trump signs executive order on student loan forgiveness program

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Trump signs executive order on student loan forgiveness program

Editor’s Note: This story has been updated to reflect that it was a White House aide who talked about the order.

(

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) — President Donald Trump on Friday signed an executive order directing the Education and Treasury Departments to make sure those who are in organizations supporting what the administration says are “********” activities can’t benefit from the Public Service Student Loan Forgiveness program.

“It refocuses PSLF on its original intent of encouraging Americans to enter essential public services roles such as nursing rather than activist groups,” a fact sheet put out by the White House said.

As part of the loan forgiveness

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those working for the government or a non-profit organization have their loans forgiven after making the “equivalent of 120 qualifying monthly payments.”

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Trump on jobs report

Also on Friday, Trump spoke about the economy in the Oval Office following the release of the

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.

U.S. employers added a solid 151,000 jobs last month, up from 125,000 in January. The unemployment rate rose slightly to 4.1%.

Trump attributed this to auto companies thinking “things are happening.”

“They’re already geared up,” Trump said.

Trump’s remarks come a day after he 

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on many imports from Mexico and some imports from Canada.

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Trump told reporters “there hasn’t been very much” disturbance in the economy because of the tariffs, as numbers have just come out, although the stock markets has experienced downturns.

“There could be some disturbance, a little bit of disturbance,” Trump said. “I solved a little bit of that because I have respect for our auto companies, and I gave them a little bit of a month reprieve because it was was unfair, although I’m sure they’ll take advantage of it.”

When asked whether recent federal government layoffs will weaken the labor market, the president said he doesn’t think so.

“I think the labor market is going to be fantastic, but it’s going to have high-paying manufacturing jobs as opposed to government jobs,” Trump said. “We had too many people in government. You can’t just do that.”

The Associated Press contributed to this report.

This is a developing story. Refresh for updates.

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