Obama to Sign Student Loan Rate Bill, Carney Says

Obama to Sign Student Loan Rate Bill, Carney Says Play

Aug. 8 (Bloomberg) -- White House Press Secretary Jay Carney speaks about President Barack Obama's plan to sign legislation passed by Congress that pegs interest on government-sponsored student borrowing to a market-based rate. Carney, speaking at the daily White House news briefing, also discusses Obama's decision to cancel a meeting with Russian President Vladimir Putin, former President George W. Bush's heart procedure and the closing of U.S. embassies in response to a terror threat. (Source: Bloomberg)

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