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Michael Cargill, owner of Central Texas Gun Works in Austin, opposes the ban on bump stock sales. “During the Trump administration, the bump stock ban cropped up as a rather glaring example of unlawful administrative power,” Philip Hamburger, a founder of the New Civil Liberties Alliance, said in an email. Image A bump stock attaches to a semiautomatic rifle and enables it to fire at a much higher rate. In response, the Justice Department promised to review the legality of bump stocks, but A.T.F. Eventually, the full court agreed with Mr. Cargill by vote of 13 to 3, split along ideological lines.
Persons: Michael Cargill, , Cargill, Trump, ” Philip Hamburger, Elizabeth B, Prelogar, George Frey, Cargill strolled, , Mark Chenoweth, ” Mr, Chenoweth, Obama, ” “, Mr, Charles Koch, Jonathan F, Mitchell, Donald J, Stephen Paddock, Erin Schaff, Jennifer Walker Elrod Organizations: Central Texas Gun, Government, Army, New Civil Liberties Alliance, , Alcohol, Tobacco, Firearms, Explosives, National Firearms, Charles Koch Foundation, Koch Industries, Colorado Supreme, National Rifle Association, Justice Department, Congress, The New York Times Federal, U.S ., Appeals, Fifth Circuit, Mr, Gun Control Locations: Austin, Las Vegas, , , Texas
Gen Zers are less likely to take certain risks, which could be one reason they want more of a social safety net. If you ask many Gen Zers that question, they'll say the current social safety net is insufficient. AdvertisementSixty-five percent of Gen Zers think the government should provide a job to anyone who wants one, according to a Wake Forest survey of 2,000 Gen Zers and millennials conducted with YouGov in 2022. Exactly what, if any, changes the US should make to its social safety net is up for debate. Some young people may look to Europe, where countries generally have a larger social safety net than the US.
Persons: , Zers, Christina Elson, Elson, millennials, Gen Zers, Gen, Z, it's, Charlie Munger, Munger Organizations: Service, Center, Wake Forest University, Wake, YouGov, Social Security Locations: American, Europe, Germany
Amid widespread discontent over President Joe Biden’s management of the border, the overall electorate is moving rightward on immigration too, polls show. For now, there’s no question that hardening GOP attitudes on immigration have been critical to Trump’s strong performance through the early primaries. Then, 56% of GOP primary voters said undocumented immigrants should be offered legal status; in last month’s primary, 55% said they should be deported. Immigration ranked as the most important issue for most GOP primary voters in South Carolina, and finished close behind the economy in both Iowa and New Hampshire. McLaughlin said Trump’s dominance among the GOP primary voters most concerned about immigration encapsulates a broader reason for his early success: widespread satisfaction among Republicans about his record in office.
Persons: Donald Trump’s, Joe Biden’s, Trump, What’s, , Donald Trump, , Jim McLaughlin, Joe Biden, , Nikki Haley, Trump’s, Haley, Leah Askarinam, McLaughlin, Robert P, Jones, Charles Franklin, Adolf Hitler, ” Biden, Biden, Stephen Miller, Charlie Kirk, Miller, Dwight D, Eisenhower, Matt Barreto, Barreto, Democratic pollster, ” Barreto, Maria Cardona, Tom Suozzi, George Santos, Suozzi, Bill Clinton Organizations: CNN, GOP, Republican, Trump, Biden, Edison Research, Immigration, Former South Carolina Gov, Quinnipiac University, Survey, Religion Research Institute, Marquette Law School, Marquette, Gallup, Republicans, CBS, National Guard, Democratic, UCLA, New, Republican Rep, White, House Republicans Locations: Alabama, Mississippi, New Hampshire, South Carolina, Iowa, New York, Wisconsin, Mexico, United States, American, Trump, Marquette, America, Texas, Celinda, Arizona, Nevada, Mexico ”, week’s State, Brownsville
Supporters of the state laws say they foster free speech, giving the public access to all points of view. One contrarian brief, from liberal professors, urged the justices to uphold the key provision of the Texas law despite the harm they said it would cause. “Social media platforms exercise editorial judgment that is inherently expressive,” Judge Kevin C. Newsom wrote for the panel. To the surprise of many, some prominent liberal professors filed a brief urging the justices to uphold a key provision of the Texas law. In the second case, Miami Herald v. Tornillo, the Supreme Court in 1974 struck down a Florida law that would have allowed politicians a “right to reply” to newspaper articles critical of them.
Persons: Samuel A, Alito Jr, , Scott Wilkens, Ron DeSantis, John Tully, Donald J, Trump, Greg Abbott of, , Ken Paxton, , Andrew S, Oldham, Kevin C, Newsom, Lawrence Lessig, Tim Wu of, Teachout, Mandel Ngan, Richard L, “ Florida’s, Moody, Paxton, Robins, William H, Rehnquist, Pat L, Tornillo, Warren E, Burger Organizations: Facebook, YouTube, Columbia University, Big Tech, The New York Times, Gov, Republican, Computer & Communications Industry, New York Times, Fox News, U.S ., Appeals, Fifth Circuit, ISIS, Harvard, Tim Wu of Columbia, Zephyr, Fordham, Twitter, Manchester Union, Citizens United, Agence France, University of California, Miami Herald, Florida, Representatives, Constitution Locations: Florida, Texas, Greg Abbott of Texas, Ukraine, Los Angeles, Campbell , Calif
The Supreme Court heard arguments for nearly four hours on Monday on a pair of First Amendment cases challenging laws in Florida and Texas that seek to limit the ability of internet companies to moderate content on their platforms. Here are some takeaways:The cases could shape the future of internet discourse. The coalition won preliminary injunctions blocking both states from enforcing the laws while broader First Amendment issues are litigated. The court might send the cases back down. Both liberal and conservative justices signaled that they would prefer to have a more developed record about how the law would operate, raising the possibility that the Supreme Court could return the case to lower courts for more fact finding.
Persons: Donald J, Trump Organizations: Facebook, YouTube, Capitol Locations: Florida, Texas, Silicon
A cyclical slowdown has to come unless you’re in the camp that thinks structural growth of the economy has risen dramatically. We don’t think that’s the case. Do you think that’s the case? The jobs market is a byproduct of GDP growth. I think that this should make people feel a little bit better about the prospects for the year.
Persons: Bell, Satyam Panday, It’s, we’ve, that’s, Warren Buffett, Charlie Munger, Warren Buffett’s, Buffett, Munger, , Charlie, Berkshire Hathaway, Brian Fung Organizations: CNN Business, Bell, New York CNN, Satyam, Federal Reserve, Berkshire Hathaway, Investors, Oracle, , Berkshire, US, Facebook, YouTube Locations: New York, Real, Berkshire, Omaha, “ Berkshire, The Omaha , Nebraska, Texas, Florida
AdvertisementThe 2024 presidential election seems destined to be the rematch many voters have been expecting : President Joe Biden against former President Donald Trump. So what would Trump's return to the White House mean for stocks? President Joe Biden gives remarks on the conflict between Israel and Palestine at the White House in Washington on October 7, 2023. During his speech, President Biden reiterated the United States' support for Israel. Amanda Andrade-Rhoades/For The Washington Post via Getty ImagesAmong the world's more powerful people, opinions are divided on the impact of Trump's return.
Persons: we've, Donald Trump, Donald Trump grins, Chip Somodevilla, Joe Biden, Trump, Nikki Haley, Haley, Biden, Trump's, that's, Matthew Fox, James Reilly, Amanda Andrade, Rhoades, didn't, Jamie Dimon, Dimon, Ray Dalio, Tesla, Warren Buffett, Berkshire Hathaway, Charlie Munger, Francois G . Durand, Jenny Chang, Rodriguez, Dick Costolo, Elon, Rebecca Zisser, Gen Zers, Millennials, Uber, Dow, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: South, GOP, Trump, South Carolina GOP, Gov, Nasdaq, Capital Economics, White, Israel, Washington, Getty, Economic, CNBC, Bridgewater, Nvidia, Berkshire, SpaceX, Dow Jones, US Locations: New Hampshire, China, Capital, Israel, Palestine, Washington, United States, Russia, Ukraine, New York, London, Chicago
CNN —Donald Trump has paid $392,000 to The New York Times to cover the legal costs from his failed lawsuit against the newspaper and its journalists over a 2018 investigation into his finances that included confidential tax records, a spokesman for the Times told CNN on Monday. Trump was ordered to pay the money in January, more than eight months after Judge Robert R. Reed granted the Times’ motion to dismiss the case against it and its journalists, concluding the journalists’ conduct was protected by the New York Constitution. The reporting series, authored by David Barstow, Susanne Craig and Russ Buettner, went on to win the 2019 Pulitzer Prize in Explanatory Reporting. A spokesman for the Times on Monday called the anti-SLAPP statute a “powerful force for protecting press freedom.”“This decision shows that the state’s newly amended anti-SLAPP statute can be a powerful force for protecting press freedom,” Times spokesman Charlie Stadtlander said in a statement. “The court has sent a message to those who want to misuse the judicial system to try to silence journalists.”CNN has reached out to representatives for Trump for comment.
Persons: Donald Trump, Trump, Robert R, Reed, David Barstow, Susanne Craig, Russ Buettner, , Charlie Stadtlander, , Rob Frehse Organizations: CNN, New York Times, Times, New, , ” CNN, Trump Locations: New York
Berkshire is making bank on bonds, and its $168 billion cash pile is worth more than Uber or Nike. Assets aplentyBerkshire held $561 billion of net assets at the end of December, a 19% increase from a year earlier. Berkshire's $1 trillion-plus of assets included $354 billion of stocks, $178 billion of property and equipment, $130 billion of Treasury bills, and $24 billion of inventories. That figure is larger than the value of General Electric ($167 billion), Comcast ($166 billion), Uber ($162 billion), Nike ($160 billion), Walmart ($159 billion), American Express ($156 billion), or Pfizer ($155 billion). The upshot is that on December 31, Berkshire held $354 billion of stocks, and $168 billion of cash and other short-term investments — a ratio of nearly 2:1.
Persons: Warren Buffett's, Buffett, , Warren Buffett, you'd, Cash, Treasuries, Charlie Munger Organizations: Berkshire Hathaway's, Nike, Service, Berkshire Hathaway, Berkshire, aplenty, Berkshire's, Electric, Comcast, Walmart, American Express, Pfizer, Federal Reserve Locations: Berkshire, aplenty Berkshire, Omaha
Warren Buffett hailed Charlie Munger as the "architect" of Berkshire Hathaway in his annual letter. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWarren Buffett paid tribute to Charlie Munger, touted four of Berkshire Hathaway's biggest bets, and voiced frustration in his annual letter to shareholders published on Saturday. He shaped Berkshire into a world-beating conglomerate and helped Buffett evolve from bargain hunting to buying businesses at fair prices.
Persons: Warren Buffett, Charlie Munger, Berkshire Hathaway, Buffett, , Charlie, he's, Munger, Ajit Jain, Greg Abel, Bertie Organizations: Service, Berkshire, American Express, Occidental Petroleum Locations: Berkshire, Omaha , Nebraska, Munger, United States, Omaha
Read Warren Buffett's 2024 annual letter to shareholders
  + stars: | 2024-02-24 | by ( Fred Imbert | ) www.cnbc.com   time to read: 1 min
Warren Buffett released Saturday his annual letter to shareholders. In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023. He also discusses his outlook for the company. Check out the PDF below for the full letter:
Persons: Warren Buffett, Charlie Munger
Berkshire Hathaway, the conglomerate run for decades by Warren E. Buffett, recorded its highest-ever annual profit last year. But its chief executive found reason to blame government regulation for hurting the results of some of its biggest businesses. In his letter to investors that traditionally accompanies the annual report, Mr. Buffett also paid tribute to Charlie Munger, his longtime lieutenant and Berkshire’s vice chairman until his death in November at age 99. Berkshire also reported $37.4 billion in operating earnings, the financial metric that Mr. Buffett prefers because it excludes paper investment gains and losses, for the year, up 21 percent from 2022. (Investors often see Berkshire as a bellwether of the American economy, given the breadth of its business.)
Persons: Berkshire Hathaway, Warren E, Buffett, Charlie Munger, Brooks Organizations: BNSF Locations: Berkshire
Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022. Berkshire Hathaway 's Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer size and the lack of buying opportunities that could make an impact. The 93-year-old Buffett said Berkshire's group of diversified, quality businesses should provide "slightly better" performance than the average U.S. company, but anything more than that is unlikely. 'With our present mix of businesses, Berkshire should do a bit better than the average American corporation and, more important, should also operate with materially less risk of permanent loss of capital," Buffett said. "Anything beyond 'slightly better,' though, is wishful thinking."
Persons: Warren Buffett, Charlie Munger, Berkshire Hathaway, Apple —, Buffett, Organizations: Berkshire, BNSF Railway, Apple, Oracle, Occidental Petroleum, Berkshire ., Mitsubishi, Mitsui, Sumitomo Locations: Omaha , Nebraska, Omaha, Dairy, Berkshire, Alleghany, U.S
Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect of today's Berkshire Hathaway . "In reality, Charlie was the 'architect' of the present Berkshire, and I acted as the 'general contractor' to carry out the day-by-day construction of his vision," Buffett wrote. In a way his relationship with me was part older brother, part loving father." With much back-sliding I subsequently followed his instructions," Buffett wrote in the letter. Though I have long been in charge of the construction crew; Charlie should forever be credited with being the architect," Buffett said.
Persons: Warren Buffett, Charlie Munger, Berkshire Hathaway, Charlie, Buffett, Munger, Warren, Ben Graham, Benjamin Graham, jerked Organizations: Oracle, Columbia University, BNSF Railway Locations: Berkshire, Omaha, Dairy
Courtesy of Susie Buffett Buffett teaches a class at the University of Nebraska-Omaha. Courtesy of Susie Buffett Buffett married his first wife, Susan, in 1952. Courtesy of Susie Buffett Buffett and his wife pose at the beach with their three children. Courtesy of Susie Buffett Buffett poses for a photo in 1980. Nati Harnik/AP Buffett and Berkshire Hathaway Vice Chairman Charlie Munger are seen on a giant screen during the Berkshire Hathaway shareholders meeting in 2013.
Persons: Warren Buffett’s, Charlie Munger, Buffett, Munger, , Charlie, Berkshire Hathaway, “ Charlie, Munger’s, Greg Abel, Abel, Berkshire’s, Greg, ” Buffett, “ Greg, Berkshire Berkshire Hathaway, Warren Buffett, Nati, Laila, Howard Buffett, Howard, Susie Buffett, Ernest, Susie Buffett Laila Buffett, Warren, Doris, Susie Buffett Warren Buffett, Susie Buffett Buffett, Susan, Peter, Lee Balterman, Salomon, Marcy Nighswander, AP Buffett, Buffett's, Mark Peterson, Curt Hudson, Arnold Schwarzenegger, Kathy Willens, Chris Machian, Dave Weaver, Michael Israel, John Sleezer, Bill Gates, Mario Tama, Barack Obama, Obama, doggedly, isn't, Jim Watson, Daniel Acker, Harry Benson, Getty Images Buffett, Astrid, David Cameron, Brendan Hoffman, Kristoffer Tripplaar, Alamy Buffett, Scott Eells, Chris, Franklin, Ndamukong Suh, Scott Olson, Huang Jihui, Jason Miller, Adam Jeffery, Hillary Clinton, Kempin, Forbes, Andy Kropa, Scott Morgan, Reuters Buffett, Andrew Harrer, Apple Berkshire Hathaway Organizations: New, New York CNN, Berkshire Hathaway, Investors, Oracle, , Berkshire, Berkshire Berkshire, University of Nebraska -, Getty, Federal Reserve, AP, Omaha for Berkshire, Bloomberg, California Gov, Wall Street, Schwarzenegger's, Kansas City Royals, Kansas City Star, Girl Scouts, Buffett, Microsoft, Getty Images, White, British, Woodrow Wilson High, Washington, Forbes, Harlem Globetrotters, Cleveland Cavaliers, Moon, NBA, CNBC, Reuters, Apple Berkshire, Apple, Securities and Exchange Commission, HP, Paramount Locations: New York, Omaha, “ Berkshire, Berkshire, The Omaha , Nebraska, Omaha , Nebraska, University of Nebraska - Omaha, Omaha for, Woodstock, Trenton , New Jersey, AFP, Washington , DC, Illinois, Sun Valley , Idaho
Schele Williams first saw “The Wiz” when a tour of the original Broadway production came through Dayton, Ohio. She even used the show’s soaring finale, “Home,” as one of her audition songs. Now, after working on Broadway as an actor (“Aida”) and an associate director (“Motown”), she is directing the first Broadway revival of “The Wiz” in almost 40 years. It’s a chance, Williams said, to celebrate what “The Wiz” has meant to her and to pass the story along to her daughters. Since becoming a Broadway hit in 1975, “The Wiz,” a gospel, soul and R&B take on Dorothy’s adventures in Oz, largely composed by Charlie Smalls, with a book by William F. Brown, has been a vibrant cornerstone of Black culture.
Persons: Schele Williams, Dorothy, , Williams, It’s, Charlie Smalls, William F, Brown Organizations: Broadway Locations: Dayton , Ohio
In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.
Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan
Warren Buffett is about to release his must-read annual letter where he's expected to pay a heartwarming tribute to the late Charlie Munger. The 93-year-old chairman and CEO of Berkshire Hathaway is slated to release his annual shareholder letter Saturday at 8:00 a.m. "Succession is a top-of-mind issue for many Berkshire investors," Cathy Seifert, Berkshire analyst at CFRA Research, said in a note. Buffett's investment lieutenants, Todd Combs and Ted Weschler, have taken on more responsibilities at Berkshire, independently overseeing about $15 billion each. The run up in Berkshire shares may have curbed the amount of buyback activity in the fourth quarter.
Persons: Warren Buffett, Charlie Munger, Berkshire Hathaway, Steve Check, Munger, Buffett, Munger's, it's, Greg Abel, Cathy Seifert, Todd Combs, Ted Weschler, Todd, Ted Organizations: Check Capital Management, Berkshire, CFRA Research, Investors, Berkshire Hathaway, BNSF Railway Locations: Berkshire, Berkshire Hathaway The Omaha, Dairy
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors 'have nervousness' around UK financial services, says Lloyds Banking Group CEOCharlie Nunn, CEO of Lloyds Banking Group, discusses its 2023 full-year results and the economic outlook.
Persons: Charlie Nunn Organizations: Lloyds Banking, Lloyds Banking Group
The large-scale military strikes the United States has directed at the Houthis, an Iran-backed militant group in Yemen that has disrupted shipping in the Red Sea, has forced the Biden administration to wrestle over what it can do without congressional approval. The question has helped fuel at least two major legal policy dilemmas, according to officials familiar with internal deliberations among national security lawyers: One is how a Vietnam-era law that was intended to limit wars that lack congressional authorization applies to the conflict, and the other is what to do with captured detainees. On Thursday, a senior administration official offered the most detailed account to date about its view of the Vietnam-era law, the War Powers Resolution, and the Justice Department disclosed that it had taken custody of 14 prisoners the military had been holding for over a month. Together, the developments shed light on what the Biden administration sees as the scope and limits of its power in the conflict with the Houthis, part of the widening regional conflagration that has spun out of the Israel-Hamas war following the Oct. 7 terrorist attacks and Israel’s invasion of Gaza.
Persons: Biden Organizations: Justice Department Locations: United States, Iran, Yemen, Red, Vietnam, Israel, Gaza
Characters get written off TV shows for various reasons. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . These character disappearances could all be considered a "jumping the shark" moment for their shows. This story is available exclusively to Business Insider subscribers.
Persons: , Charlie, Eddie, Edie Organizations: Service, Business
London CNN —Previously unseen photographs showing the Rolling Stones “at their decadent peak” are going on display at a London art gallery. Spanish Tony Media/Bayliss Rare Books“These recently rediscovered prints stand as one of the most important photographic records of The Rolling Stones to come to the market in years,” the statement reads. The show, titled “Elegantly Wasted,” will feature photos of the Stones “taken at their decadent peak,” according to the statement from Bayliss Rare Books and Spanish Tony Media. A contact sheet shows photographs taken at the Stones' legendary free concert in Hyde Park, London, in the summer of 1969. Spanish Tony Media/Bayliss Rare Books“Spanish Tony was a hard man.
Persons: , Tony ” Sanchez, Mick Jagger, Brian Jones, Tony, Bayliss, “ Tony, ” Sanchez, , Oliver Bayliss, Keith Richards, Biff, ” Richards, Charlie Watts, Sydney Sweeney Organizations: London CNN, Tony Media, Swarkestone, Bayliss Locations: London, Derbyshire, England, British, Hyde Park , London, Canada, Houston, Santa Clara , California
CNN —Tiger Woods’ 15-year-old son, Charlie Woods, will compete in a pre-qualifier event Thursday in hopes of making the field for his first PGA Tour start next week. To qualify for the PGA Tour’s Cognizant Classic, Charlie would need to advance from the pre-qualifier and then again from the event’s qualifier Monday. The PGA Tour said just four qualifiers will advance from Monday’s event into the Cognizant Classic field. Aside from winning a state championship, Woods and his legendary father have played together at the PGA Tour’s annual PNC Championship tournament. “I am proud of whatever direction he chooses.”CNN has reached out to Tiger Woods for comment.
Persons: Charlie Woods, Charlie, Sam Snead, Woods, Tiger Woods, Steve Almasy Organizations: CNN, Palm, PGA, PNC Locations: Hobe Sound, Florida
Bridgit Mendler's path from Disney Channel star to space startup CEO started with — quite literally — an accident. The 31-year-old is the CEO and co-founder of Northwood Space, a company based in El Segundo, California that aims to mass-produce ground stations — otherwise known as the antennae that communicate with space satellites. "While everybody else was making their sourdough starters [during the Covid-19 pandemic], we were building antennas out of random crap we could find at Home Depot ... and receiving data from [National Oceanic and Atmospheric Administration] satellites," Mendler told CNBC on Monday while announcing her startup. "I'm studying anthropology," Mendler told ABC's "Jimmy Kimmel Live" in 2015. While at Harvard, she served as co-president of the Harvard Space Law Society, according to her LinkedIn profile.
Persons: , Charlie, Mendler, ABC's, Jimmy Kimmel, Griffin, Andreessen Horowitz, Peter Thiel's Organizations: Disney Channel, Northwood, National Oceanic, Administration, CNBC, University of Southern, USC, Massachusetts Institute of Technology, MIT Media Lab, Harvard Law School, Harvard, Harvard Space Law Society, Founders, Humba Ventures, Elon, SpaceX, Technologies, Northrop Grumman Locations: El Segundo , California, University of Southern California, Northwood
President Biden is considering executive action that could prevent people who cross illegally into the United States from claiming asylum, several people with knowledge of the proposal said Wednesday. The move would suspend longtime guarantees that give anyone who steps onto U.S. soil the right to ask for safe haven. The order would put into effect a key policy in a bipartisan bill that Republicans thwarted earlier this month, even though it had some of the most significant border security restrictions Congress has contemplated in years. The action under consideration by the White House would have a similar trigger for blocking asylum to new entrants, the people with knowledge of the proposal say. They spoke on the condition of anonymity to discuss internal deliberations.
Persons: Biden Organizations: Republicans Locations: United States
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