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Using immigration to dismiss jobs data 'is a mistake', says Renaissance's Neil Dutta
CNBC Television· 2025-08-01 21:13
Labor Market & Economy - The labor market shows signs of weakening, with the prime age employment rate (25-54 years old) down approximately 0.5 percentage points compared to the previous year, which is atypical for a strong economy [2] - College unemployment rates are increasing, suggesting that rationalizations of the jobs data, such as attributing it to immigration, may be flawed [3] - Real personal consumption has decreased in the first six months of the year, a fact that is not widely recognized [6] Consumer Spending & Housing - The housing sector is experiencing a recession, indicated by a sharp decline in single-family permits [6] - Consumers are financially vulnerable, with real spending declining, including a notable weakening in services [6][7] - Consumers may lack the capacity to absorb higher prices, potentially leading the Federal Reserve to consider rate cuts [5] Monetary Policy & Inflation - The Federal Reserve faces a challenging situation as inflation numbers might worsen during the summer [4] - Nominal incomes are slowing, providing a solid basis for policymakers like Governor Waller [4] - Broad capital expenditure (capex) outside of AI technology is expected to be sluggish due to companies' less optimistic outlook [7]
GOP Rep. faces ANGRY town hall over Trump agenda
MSNBC· 2025-08-01 15:27
Congressman Brian Style began his town hall in the town of Elhorn with the pledge of allegiance during which the crowd emphasized the last words and justice for all. [Applause] Striking moment there. Later, several attendees expressed their disappointment with the congressman, including one person who asked why he was not stopping ICE raids by masked agents targeting immigrants.Why are they wearing masks and why are they unidentified. [Applause] We we'll probably agree to disagree on some of my answer here, ...
'We're going to court': Democrats sue ICE for blocking them from detention facilities
MSNBC· 2025-08-01 13:10
Immigration Policy & Oversight - A dozen House Democrats are suing the Trump administration over restricted access to immigration detention facilities, arguing a new DHS policy requiring one week's notice infringes on congressional oversight [1] - The lawsuit challenges ICE guidance on congressional visits, asserting it hinders lawmakers' ability to oversee the executive branch [2][3] - Reports indicate nonviolent, noncriminal immigrants are being detained in inadequate ICE facilities lacking basic necessities [3] - ICE received $45 billion for detention, raising concerns about the treatment of immigrants compared to criminals [4] - There are concerns about masked, unidentified agents detaining immigrants, including those with legal visas and green cards, contradicting promises to target convicted criminals [6][7] - A bill called the No Secrets Police Act has been introduced to unmask ICE [12] Legal & Ethical Concerns - The administration is accused of abusing power and disregarding the law regarding immigration and Homeland Security [12] - Concerns are raised about the lack of due process for detained immigrants, including limited access to legal counsel [6][8] - The Department of Justice is perceived as acting in Donald Trump's personal interests rather than for the American people or the rule of law [13]
X @Bloomberg
Bloomberg· 2025-08-01 11:10
Regardless of one's views on immigration, the dismissal of a federal lawsuit against Chicago for its sanctuary city policies upholds a key principle of democracy, @StepCarter says (via @opinion) https://t.co/R80Z1RIhxP ...
'Time to go!': Republican slammed by voters at town hall over MAGA policies
MSNBC· 2025-08-01 11:09
One Republican congressman ventured beyond the beltway and went back to his district in Wisconsin where he was met with consistent booze and jeers during a town hall last night in his home district over his support for President Trump's policies. Congressman Brian Style began his town hall in the town of Elhorn with the pledge of allegiance during which the crowd emphasized the last words and justice for all. [Applause] Striking moment there.Later, several attendees expressed their disappointment with the c ...
Inside the digital resistance aiming to track ICE
NBC News· 2025-07-31 23:00
Millions have seen the videos. More than 56,000 migrants arrested and detained since February. >> Yeah, that's 48.>> I'm a doctor. >> I'm a doctor. >> Nearly half of them without criminal convictions or pending criminal charges.>> Hi. Are you a federal agent. >> Here in the town of Waltham, just outside of Boston, groups like these say they're fighting back.>> People often use the word resistance. Is this what the resistance looks like. >> Hell yeah.>> Founded in February, Ferasa's volunteers go on near dai ...
Following the money sometimes takes you to weird places
MSNBC· 2025-07-31 22:27
Rachel Maddow shares reporting from the Richmond Times-Dispatch about a Virginia company that has been awarded a $1.2 billion contract to build a giant immigrant prison camp in Texas, a job wildly out of scope of its past contracts and headquartered at a peculiar address. For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc » Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc » Subscribe to ...
INSIDE brutal ICE arrests: 'They're wearing masks, they're breaking windows'
MSNBC· 2025-07-31 22:15
Immigration Enforcement Tactics - ProPublica's reporting reveals a significant increase in ICE agents breaking vehicle windows, with nearly 50 documented instances, compared to only eight in the previous decade, indicating a broader escalation of violence during arrests [1] - ICE agents are reportedly using tactics such as breaking windows and forcibly removing individuals from vehicles, even when the individuals are not resisting and may have no significant criminal record [7][8][13] - There are reports of ICE agents using force in front of children and pregnant spouses, raising concerns about the appropriateness of the tactics employed [7][8][13] Government Response and Justification - The White House defends ICE's actions, stating that agents are "heroically getting these violent illegal aliens off American streets with the utmost professionalism" [5] - The Department of Homeland Security (DHS) claimed that a woman arrested after her car window was smashed was an affiliate of the violent gang MS-13, but reporters could not find evidence to support this claim [14][15] - ICE and the administration maintain that the use of force falls within the bounds of what is reasonable [8] Concerns and Criticisms - Use of force experts and former ICE insiders say that the tactic of smashing windows was rarely used during previous administrations, suggesting a change in approach [2] - There are concerns that ICE officers are not being punished or questioned for their use of force, and may even be celebrated or promoted [10][11] - The ACLU argues that ICE is trying to inflate their numbers by targeting individuals who are not serious criminals or gang members [16][17]