Money, Wealth & Power—A Daily Look at the Financial World
The California Legislature spent the final hours of its session doing something no state has tried before: writing a law that would make a federal immigration officer permanently unemployable by any public body in California. The measure is Assembly Bill 1896, and its authors gave it a name that leaves no doubt about what they…
A charter jet carrying deported Haitian nationals touched down in Cap-Haïtien this week, the second such landing in barely a week and the clearest proof yet that the Trump administration intends to empty out a protection that had shielded hundreds of thousands of Haitians from removal. The flights are the downstream result of a Supreme…
President Donald Trump is taking one of the defining fights of his second term to the highest court in the country. This week his administration asked the Supreme Court to reinstate the sweeping asylum bar he imposed on his first day back in office, a policy that all but shut the door on migrants trying…
Up to 200,000 foreigners who came to the United States as tourists or on business and then filed for asylum could soon lose their visas, under a Trump administration plan that would amount to the single largest mass visa revocation in American history. Still being finalized, the plan would strip so-called B1 and B2 visas…
The Trump administration is trying again to put a six-figure price on hiring foreign workers, and this time it is writing the number into federal regulation. The Department of Homeland Security has proposed a new fee of $103,265 on every H-1B petition subject to the annual cap, a charge that would land on top of…
A federal judge in Manhattan erased the Trump administration’s ban on immigrant visas for citizens of 75 countries on Friday, ruling that Secretary of State Marco Rubio had no power to issue it and that the policy violated a nondiscrimination statute Congress wrote in 1965. The countries covered nearly 40 percent of the world. The…
A federal immigration officer has been sitting in the Cameron County jail in south Texas since May 29, and the state of Minnesota wants him back badly enough to sue the governor of Texas to get him. Greg Abbott has had the paperwork on his desk since June 3 and has not signed it, has…
A federal judge has refused to freeze President Donald Trump’s plan for 62 more miles of border wall along Arizona’s border with Mexico. The Tohono O’odham Nation asked the court to stop the project before construction could disturb land the tribe regards as sacred. The answer, for now, is no. The ruling is a concrete…
A federal contract quietly reached its expiration date on Friday, and with it went the funding that pays for attorneys to represent children who crossed the border without a parent. The network it supported covers roughly 26,000 children, most of them facing removal proceedings, some of them young enough to need cartoons to understand what…
A new Democratic report from the Senate Foreign Relations Committee minority says some Trump-era deportations to third countries cost taxpayers up to $1 million per migrant, driven by charter flights and months of overseas detention. The report examines secretive agreements through Jan. 2026 and estimates total third-country removals at likely upward of $40 million, including…
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