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).
Jill Wagner is joined by Baker to talk about kids and vaccines: we finally know how many young kids are getting vaccinated. Plus, Democrats are working on a Plan B for paid family leave. And the salad chain Sweetgreen goes public.
Miami's biggest Latin music festival is back next month. Vibra Urbana is kicking off its two-day, star-studded show on December 18 and 19. Puerto Rican veteran Don Omar is among the top headliners of the event. Javier Caso, co-founder of Vibra Urbana Festival, joins Cheddar News to preview the event.
Bitcoin is getting a makeover. It's the first upgrade in four years for the cryptocurrency. The Taproot update offers greater transaction privacy and efficiency and will unlock the potential for smart contracts. Jeff Roberts, executive editor of Decrypt, joins Cheddar News to breakdown what this upgrade means for investors.
The nation's largest alcohol e-commerce and delivery platform is getting even bigger. Drizly is now collaborating with 7-Eleven to deliver alcohol in under 60 minutes from 7-eleven's 1,200 stores. The companies plan to expand the collaboration in the coming months. Cathy Lewenberg, COO at Drizly, joins Cheddar News to talk about the new collaboration.
Congress declared November as National Hip Hop History Month, the bill was co-sponsored by Congresswoman Maxine Waters and Congressman Jamaal Bowman. Rocky Bucano, executive director and president of the Universal Hip Hop Museum, joins Cheddar News to talk about the genre's impact on pop culture.
Netlify, a platform that builds, deploys and hosts websites and apps, raised $105 million dollars in a Series D round, now valuing the company at $2 billion. Along with the funding, Netlify is also announcing the acquisition of the company OneGraph. Netlify says OneGraph's technology will drive a new wave of innovation on its platform, by making it easier to compose apps with the best developer tools available. Netlify co-founder and CEO Matt Biilmann joined Cheddar News' Closing Bell to discuss.
Chip Paucek, CEO and co-founder of 2U, an educational tech company, joined Cheddar's "Closing Bell" to talk about the company's $800 million acquisition of online course provider edX featuring curriculum from Harvard and MIT. He noted that added services will provide 2U users with high quality, free options. "Us coming together with edX should allow us to really continue to drive affordability for people to unlock their own potential in a variety of different kinds of programs," he said.
