For people seeking work or an escape to a better life in the United States, it's going to cost about two times the current amount, following a move by the Trump administration to hike fees on various immigration applications.
Michelle Mendez, director of defending vulnerable programs at the Catholic Legal Immigration Network, Inc. (CLINIC), calls the move an assault on immigration.
"This rule, these fees that have increased will make it extremely difficult for individuals to become legal immigrants, specifically to become naturalized immigrants, to become citizens," Mendez told Cheddar.
The new fees, which are set to be increased in October, will also gravely impact the world's most at-risk populations seeking asylum in the U.S., Mendez added.
"$50 may seem to be a small fee for many of us. We have to understand that asylum seekers leave their countries, they flee their countries with practically nothing," she said.
While news of the increased fees may be looked on as damning, Mendez said the move is on par with the Trump administration's previous moves to eliminate "access to the legal immigration process."
"During the [presidential] campaign, the rhetoric was very much focused on illegal immigration. We knew that that actually meant they were going to attack illegal and legal immigration," she said.
For Mendez, the idea of increasing fees and making the process even more difficult for people who want to become American is a jab at the foundation upon which the country was built.
"When we limit the opportunity for people to be engaged in the process by being citizens, that really undermines our democracy. That really undermines our democratic process," she stated.
Social media platforms TikTok, Snapchat, and YouTube are facing questions in DC about consumer protections, data security, and product safety for young users. Emily Birnbaum, tech lobbying and influence reporter at Politico, joined Cheddar to provide some background into what led to the congressional hearing and the potential outcome. Birnbaum noted that social media platforms have been attempting to distance themselves from Facebook and the ongoing bad press it garnered in recent months.
Beginning in November, fully vaccinated international travelers will be able to enter the United States after months of travel restrictions. People under the age of 18 and those from countries without easy access to vaccines will not be required to be vaccinated but all travelers will need to show negative COVID test results before entering.
Apple could soon face a Department of Justice antitrust lawsuit after intensifying its probe into the tech giant, according to a report. The added scrutiny comes after the tech giant had already faced questioning in Washington and concluded an antitrust case brought by Epic Games.
Last week, shares of Digital World Acquisition Corp skyrocketed after following Former Present Trump's announcement that he would be partnering with the company as part of a Special Purpose Acquisition Company, or SPAC. Christian Munafo, Chief Investment Officer of Liberty Street Advisors and portfolio Manager of the Private Shares Fund broke down the latest, including whether or not Wall Street is currently experiencing a SPAC boom.
Jill and Carlo cover the news out of Facebook's latest earnings, Tesla's monumental day, Dave Chappelle addresses controversy and the tragedy of the climate emergency.
Stocks began the week on a high note, with two indexes - the Dow and the S&P 500 - each closing at a record high. Brian Levitt, Global Market Strategist at Invesco, joins Cheddar News' Closing Bell, where he explains why the conditions were in place for a jump during the session and provides insight on inflation concerns in the United States.
The price of Bitcoin hit a new all-time high last week following the Wall Street debut of ProShares Bitcoin Strategy ETF. Todd Cipperman, Founding Principal for Cipperman Compliance Services, joins Cheddar News' Closing Bell, where he explains why ProShares' ETF got off to a hot start while Valkyrie's Bitcoin Strategy ETF, which debuted just days later, did not.
Rishi Bharwani, the director of partnerships and policy for nonprofit Accountable Tech, joined Cheddar to discuss the hot button topic of regulatory oversight of social media giant Facebook. Bharwani discussed the bipartisan pieces of legislation already making their way through Congress and said the body should pass stronger data privacy laws, ban surveillance advertising, and require meaningful accountability and transparency from the company. "Now I think we've reached a boiling point where congressional action is needed and inaction is no longer acceptable," he said. Bharwani also called for a concurrent investigation into Mark Zuckerberg's company.
