DACA Entrepreneur Still at Risk of Deportation Despite Business Success
*By Bridgette Webb*
It's been a year since President Trump moved to end the Deferred Action for Childhood Arrivals program, commonly known as DACA. The program is still afloat, but remains on shaky ground, leaving roughly 700,000 young undocumented immigrants in limbo.
It's an issue that weighs heavy on "Dreamer" Victor Santos, a CEO and co-Founder of Boston-based start-up Airfox.
"Since the Trump administration, it's not quite clear on what will come of DACA in the next few years," Santos said Monday in an interview on Cheddar.
DACA allows certain individuals who were brought to the U.S. illegally as children to receive permits to avoid deportation on a two-year, renewable basis and eventually become eligible for a work permit.
Reneging on this policy ultimately precludes these people from contributing to the economy, which could have a big effect on the country, Santos said.
"As an entrepreneur, having Trump cancel the start-up visa and making it harder and harder for H-1B entrepreneurs \[to come\] into the U.S., it's been an impactful experience for myself, but also for engineers that we bring on from other countries," he said.
"DACA is creating billions in terms of output for the economy, these kids are doctors and entrepreneurs; they are people that considers themselves American."
Airfox, a mobile bank, has 20 employees and provides financial services for emerging industries like mobile microloans to "unbanked" users in Brazil, where interest rates chart upwards of 200 percent.
The immigration debate will inevitably rage on, and may very well head to the U.S. Supreme Court. In Texas, there was a surprise ruling in which a judge kept the DACA program in place, a decision that may undergo federal scrutiny.
The future is further in question as the U.S. awaits confirmation of Brett Kavanaugh to replace Justice Anthony Kennedy on the Supreme Court.
The conservative judge, who faced four days of Senate hearings last week, will most likely vote with right-leaning colleagues to squash DACA.
The confirmation process, Santos said, is detracting from the real-life ramifications of killing the program.
"This whole thing is purely political and quite frankly, racist, to say the least," he said.
For full interview [click here](https://cheddar.com/videos/daca-uncertainty-leaves-dreamers-in-limbo).
On this episode of Cheddar Innovates: CEO of HereAfter AI discusses how artificial intelligence can be used to preserve family history and stories, and allow you to 'talk' to loved ones that have passed; Creator of the board game 'Travel Explore Discover' explains how she came up with the idea for this informative and educational board game, and how she's using the proceeds to give back to her community; Cheddar gets a look at Curiosity Stream's 'The Humboldt Current.'
According to the Federal Reserve, the investment gap between Black and white Americans has remained substantial, with only 34 percent of Black households joining in on the historic rise in the markets. Stacey Tisdale, the first Black woman to have reported from the NYSE and the CEO and president of Mind Money Media Inc., said that the data might not be as disheartening as it seems. "I think that number is very deceiving. That Federal Reserve study is actually from 2019, and it's very important that we all look beneath that number and look beneath the surface because there is nothing short of an investing revolution going on in the Black community," Tisdale said.
James Vlahos, Co-Founder and CEO of HereAfter AI, joins Cheddar Innovates to discuss how artificial intelligence can be used to preserve family history and stories, and allow you to 'talk' to loved ones that have passed.
Ava Rathenberg, Creator of the board game 'Travel Explore Discover,' joins Cheddar Innovates to discuss how she came up with the idea for this informative and educational board game, and how she's using the proceeds to give back to her community.
An award-winning performance by the LSU Tiger Girls dance team is going viral on TikTok, but like many other viral tiktoks, this one had a larger story to tell. The story goes back to 2021 when for the first time in 22 years, the LSU dance team was informed it could not compete at Universal Dance Association Nationals. The team made their anticipated return to UDA Nationals this year with a performance that delivered a strong and clear message to their university. The LSU Tiger Girls walked away from the competition with their first national championship title in 12 years, redemption against the university that held them back, and of course- millions of new fans and friends on TikTok.
Solid-state battery maker Factorial Energy recently raised $200 million in a Series D round led by Mercedes-Benz and Stellantis. Factorial says the funding will be used to accelerate commercial production and deployment of its solid-state battery technology, which the company says is safer, and offers up to 50% more driving range than current lithium-ion technology. Factorial also has joint development agreements (announced in late 2021) with Mercedes-Benz, Stellantis, and Hyundai, three of the top 10 global automotive manufacturers, to commercialize its batteries. Factorial CEO Siyu Huang joined Cheddar News' Closing Bell to discuss.
Former Dolphins coach Brian Flores filed a lawsuit against the NFL over racial discrimination, exposing a long-running problem the NFL has had with diversity in its top coaching and management positions. Eric Mitchell, the president and CEO of public relations and communications company LifeFlip Media, joined Cheddar News to delve into the scandal rocking the pro football world just before the Super Bowl. "There is a problem. If you look at who owns teams in the NFL, it's right, it's a good old boys club, it's a bunch of old white guys," he said. "So, it's exposing something that's been around for ages and now that we're sitting in 2022 has come up."
This April, Madison Square Garden will be hosting the first-ever women's boxing match to headline at the arena in its 140 years of history in boxing. Undisputed lightweight champion, Katie Taylor, and seven-division champion, Amanda Serrano, will go head-to-head for a career-high guaranteed seven-figure purse for both of them. The pair joined Cheddar News to talk about the upcoming "fight of their lives." "I mean, this is the first step I believe," said Serrano. "Unheard of, two women headlining the Garden, we get in the biggest paydays of our career, I hope it continues to break down barriers."
Kendra Bracken-Ferguson, founder of BrainTrust Founders Studio joins Cheddar News to talk about the importance of supporting Black beauty and wellness founders.
