00:00It's Benzinga, and here's what's on the block.
00:02President Biden unveiled plans to enact immediate and significant restrictions on migrants seeking
00:07asylum at the U.S.-Mexico border in an effort to gain control of the situation and neutralize
00:12immigration as a political issue before the November elections.
00:16The restrictions would take effect when border encounters exceed 2,500 per day, a threshold
00:21expected to be reached immediately.
00:23Migrants who do not express fear of returning home would be subject to quick expulsion,
00:27while those who do would face a higher screening standard to pursue limited humanitarian practices.
00:32Former President Donald Trump criticized Biden on social media, accusing him of having totally
00:36surrendered our southern border, and claiming his actions were merely for show as they approached
00:41their presidential debate on June 27th.
00:43For all things money, visit Benzinga.com.
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