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.
Deputy Commerce Secretary Don Graves spoke to Cheddar's Alex Vuocolo about the ongoing semiconductor shortages and the push from the Biden administration to cover the supply chain problem as well as look ahead to future-proofing it.
President Maxx Fenning and Vice President CJ Walden of PRISM, a Florida non-profit providing resources for LGBTQ youth, joined Cheddar News to discuss the negative repercussions of a Florida bill banning discussions of sexuality and gender identity in some classrooms.
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
As Western sanctions weigh on Russia's economy, the country is at the risk of defaulting on its debt. Fitch ratings agency has downgraded Russia's debt for the second time in a week, warning a "sovereign default is imminent." Jesse Wheeler, Economic Analyst at Morning Consult, explains what that means, and how it could have ripple effects across the global economy.
Uber Lyft and Doordash are all set to spend $1 million dollars on a campaign and efforts to stop lawmakers from classifying their gig workers as employees. The campaign features TV and online ads highlighting Washington area workers who say they prefer the flexibility of being an independent contractor rather than following the model of a company employee. Professor at NYU. Stern School of Business and author of the sharing economy, Arun Sundararajan, joined Cheddar to discuss more.
