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Treasury and IRS Propose Rules to Restrict Refundable Tax Credits for Certain Immigrants

Treasury and IRS Propose Rules to Restrict Refundable Tax Credits for Certain Immigrants

The Treasury Department and the Internal Revenue Service (IRS) have proposed new rules that would limit access to refundable tax credits for specific immigrant groups. These proposed rules classify the refundable portions of four key tax credits—the adoption tax credit, child tax credit, American Opportunity tax credit, and earned income tax credit—as 'federal public benefits.' This reclassification would prevent many non-citizens who possess Social Security numbers and work authorization from claiming these tax benefits. Affected groups include individuals with pending asylum applications, those holding Temporary Protected Status (TPS), and Deferred Action for Childhood Arrivals (DACA) recipients. Treasury Secretary Scott Bessent stated that these rules aim to 'protect the integrity of the tax system, and put Americans first.' Experts estimate that this change could impact hundreds of thousands, potentially millions, of people. For instance, in 2023, there were 2.6 million asylum applicants, 650,000 indiv...

‘The streets are empty:’ How Miami’s Little Haiti reacted to losing TPS

‘The streets are empty:’ How Miami’s Little Haiti reacted to losing TPS

In Little Haiti, the largest community of Haitians living in the U.S., the end of TPS has disrupted life at every level.

U.S. Judge Allows Trump Administration to Revoke Deportation Protections for Ethiopians

U.S. Judge Allows Trump Administration to Revoke Deportation Protections for Ethiopians

A U.S. federal judge, Judge Brian Murphy, has ruled that the administration of President Trump can proceed with revoking the Temporary Protected Status (TPS) for over 5,000 Ethiopians. This decision removes the final judicial block that had prevented the government from ending TPS for individual countries. The ruling follows a 6-3 decision by the U.S. Supreme Court in June, which limited the ability of courts to review Homeland Security’s efforts to terminate TPS protections. While the Supreme Court’s ruling specifically addressed TPS recipients from Syria and Haiti, its implications extended to other nationalities fighting the termination of their TPS status. Department of Homeland Security General Counsel James Percival confirmed the lifting of the stay on Ethiopia TPS termination, stating that all TPS terminations are now in effect. The Trump administration has been actively seeking to end TPS protections for at least 13 nationalities, including Venezuela, Nicaragua, South Sudan, and Somalia, as part of...

‘The streets are empty:’ How Miami’s Little Haiti is reacting to TPS loss

‘The streets are empty:’ How Miami’s Little Haiti is reacting to TPS loss

In Little Haiti, the largest community of Haitians living in the U.S., the end of TPS has disrupted life at every level.

Treasury Department Bars ESG Funds from Trump Accounts, Citing 'Political Activism' Concerns

Treasury Department Bars ESG Funds from Trump Accounts, Citing 'Political Activism' Concerns

The Treasury Department has implemented new regulations for investments within Trump Accounts, specifically prohibiting funds that adhere to Environmental, Social, and Governance (ESG) criteria. This decision, announced on Thursday, aims to ensure that investment options in these accounts prioritize financial performance and low fees over what the department views as 'political activism' or 'ideological agendas.' Treasury Secretary Scott Bessent stated that 'Corporate America has rejected ESG ideology, and we will not allow it to be a part of Trump Accounts.' The Trump Accounts, which officially launched on July 4th, have seen over 7 million families sign up, with more than 2 million eligible for a $1,000 federal seed fund for children born between 2025 and 2028 under the One Big Beautiful Bill Act. The new rules are designed to provide clear, transparent investment choices focused on cost, diversification, and long-term financial growth for American children.

Woman Sentenced to Six Years for Attempted Assassination of Treasury Secretary Scott Bessent

Woman Sentenced to Six Years for Attempted Assassination of Treasury Secretary Scott Bessent

Riley English, a 26-year-old transgender woman from Massachusetts, has been sentenced to six years and one month in prison for attempting to assassinate Treasury Secretary Scott Bessent. English pleaded guilty in March to two weapons charges after bringing homemade firebombs to the U.S. Capitol in January 2025, intending to kill Bessent during his Senate confirmation. She told Capitol police she was in the grips of a mental health crisis and abusing drugs at the time. U.S. District Judge Rudolph Contreras, who sentenced English, noted that her plan had an 'exceedingly low or non-existent' chance of success, as Bessent was not at the Capitol and the Molotov cocktails appeared incapable of igniting. Prosecutors had recommended a longer sentence of 10 years and one month, arguing that English had been planning the 'attempted political assassination' for at least a month. English's defense attorney, Maria Jacob, stated that English was 'terrified and traumatized' by fears of what would happen to transgender pe...

Westchester County Journal News

Hochul says it's 'not too late to reverse course' on Haitian TPS end

Hochul says it's 'not too late to reverse course' on Haitian TPS end

Thousands of Haitians with temporary protected status reside in New York and Gov. Kathy Hochul says the state's healthcare industry will be hit hard.

Treasury Department Charters Trump-Owned World Liberty Financial as a Bank, Allowing Stablecoin Issuance

Treasury Department Charters Trump-Owned World Liberty Financial as a Bank, Allowing Stablecoin Issuance

The Treasury Department has granted conditional approval to World Liberty Trust Company, a cryptocurrency firm co-founded by President Trump and his sons, to operate as a bank. This approval, issued on August 14, specifically authorizes World Liberty Financial to issue stablecoins, a type of cryptocurrency pegged to the U.S. dollar. According to President Trump's financial disclosure, the company generated nearly $800 million for him in 2025. The Trump organization actively promotes World Liberty Financial on its website. Zach Witkoff, the CEO of World Liberty Financial, is the son of Steve Witkoff, a prominent foreign policy figure in the Trump administration. Treasury Secretary Scott Bessent, a Trump appointee, stated on August 17 that his department is focused on providing regulatory certainty for businesses to innovate and grow in America, aiming to solidify the U.S. dollar's role as the global reserve currency and establish the U.S. as a crypto capital. The preliminary charter includes safeguards, suc...

Senators Raise Concerns Over Proposed Naturalization Fee Increases by Trump Administration

Senators Raise Concerns Over Proposed Naturalization Fee Increases by Trump Administration

U.S. Senators Catherine Cortez Masto (D-Nev.) and Mazie K. Hirono (D-Hawaii), along with ten Democratic colleagues, have formally pressed the Trump Administration regarding a proposed rule to increase naturalization fees. In a letter addressed to U.S. Citizenship and Immigration Services (USCIS) Director Joseph B. Edlow, the senators expressed alarm that these fee hikes, which could amount to hundreds of dollars for immigrants seeking U.S. citizenship, would significantly impede the naturalization process for thousands. The proposed rule also includes an 83 percent fee increase for hearings on naturalization proceedings and eliminates existing reduced-fee options and fee waivers, which were designed to assist immigrants regardless of their financial status. The senators highlighted that USCIS's actions represent a departure from values that promote immigrant integration and democratic participation, arguing that the agency has repeatedly increased the burden and difficulty of obtaining U.S. citizenship. Th...

ICE Coordinated with Iranian Regime for Deportation Flights Amidst U.S. War Preparations

ICE Coordinated with Iranian Regime for Deportation Flights Amidst U.S. War Preparations

Internal emails from U.S. Immigration and Customs Enforcement (ICE), obtained through a Freedom of Information Act request by the National Iranian American Council (NIAC), reveal that ICE agents coordinated directly with Iranian government officials to deport over 100 Iranian nationals. This coordination occurred while the United States was preparing for and engaged in conflict with Iran. The emails, spanning from May to November of last year, detail the planning and execution of three charter flights that transported deportees to Tehran. This marks a significant reversal of decades-long U.S. immigration policy, which typically allowed Iranians to remain in the U.S. due to the lack of diplomatic relations and fears of persecution in Iran. The communications show pressure from high-ranking Trump administration officials to facilitate these flights, with some coordination occurring through Qatari intermediaries and at times directly with Iranian officials. One incident detailed in the emails involved an Iran...

Liberia agrees to take 1,200 third-country deportees from the US

Liberia agrees to take 1,200 third-country deportees from the US

Liberia has agreed to accept up to 1,200 third-country deportees from the United States, according to authorities in the West African country

Report Alleges Trump Administration Appointed Numerous Wealthy Donors to Key Government Positions

Report Alleges Trump Administration Appointed Numerous Wealthy Donors to Key Government Positions

A new analysis by Public Citizen reveals that the Trump administration has appointed at least 57 individuals with assets of $100 million or more to senior government roles or as U.S. ambassadors. This figure includes eight billionaires. The report highlights a significant increase in ultra-wealthy individuals in government compared to previous administrations, with the Trump administration having over 1,000% more such individuals than the Bush or Biden administrations. These appointments span various federal agencies, including the Departments of Commerce, Treasury, Education, and State, as well as organizations like NASA and the Social Security Administration. The analysis also points to a strong correlation between large financial contributions to President Trump's political campaigns and subsequent appointments to high-level positions. Specifically, 30 of these 57 individuals contributed over $65 million to Trump-affiliated political committees during the 2024 Presidential election cycle.