Apr 18, 2017

Mexico and US are teaming up on immigration

Rodrigo Abd / AP

Department of Homeland Security Secretary John Kelly announced the US and Mexico will co-host a conference in mid-June discussing "economic security," and, more broadly, preventing immigration to the U.S.

The plan, per Kelly's first public address since his confirmation:

"What we're going to try to do is have a conference to stimulate economic investment in Honduras, El Salvador, and Guatemala so they don't have to make that terrible trip up to the US."

The motivation: Kelly said for the most part immigrants leave those four countries "because there is no economic opportunity there for them." The intended result is for people to "stay there where their families are, where their cultures are.

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House Democrats lose appeal to force McGahn testimony

Photo: Alex Wong / Staff

Democrats in the House lost an appeal to force former White House counsel Don McGahn to comply with a subpoena, Politico was the first to report.

Why it matters: McGahn was seen as a crucial witness in the House investigation into whether President Trump tried to obstruct the Mueller inquiry. The U.S. Court of Appeals for the District of Columbia Circuit ruled 2-1 on Friday that it did not have the authority to resolve the dispute between the executive and legislative branches.

The Americans who can't hide from coronavirus

Illustration: Eniola Odetunde/Axios

The stock markets are in bad shape, but for the millions of Americans who aren’t invested in stocks, coronavirus is presenting a far more imminent concern.

Why it matters: Quarantines usually work with at least 90% participation, but many Americans lack the flexibility to work remotely, take a sick day or absorb having schools close.

Go deeperArrow39 mins ago - Health

Wall Street notches worst week for stocks since 2008

Traders work on the floor of the New York Stock Exchange. Photo: Scott Heins/Getty Images

Stocks closed down about 1% on Friday, ending the worst week for Wall Street since the financial crisis.

Why it matters: The stretch of declines came after a spike in coronavirus cases around the world earlier this week. The steep losses prompted questions about the fate of the record-long economic expansion, as well as a rare statement from the Federal Reserve.

Go deeper: The growing coronavirus recession threat