Mar 27, 2018

Trump to let temporary legal status for Liberians expire

Photo: Tasos Katopodis / Getty

President Trump announced Tuesday that he will let the Deferred Enforced Departure status for Liberians expire on March 31st as is scheduled and will not extend legal protection for them to remain in the U.S. Recipients of the special legal status who have been in the U.S. since 2002 will have a year before forced to leave the U.S.

The backstory: The special legal status was first implemented in 1999 shortly after Liberia's civil war, and has been extended every year by Clinton, Bush and Obama. The White House's statement says that Liberia "has made significant progress in restoring stability and democratic governance" and has also made progress in preventing Ebola outbreaks. The Department of Homeland Security has recently announced the end of Temporary Protective Status for those from El Salvador, Haiti, Nicaragua, and Sudan.

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Fed temporarily lifts Wells Fargo's growth restrictions

Photo: Streeter Lecka/Getty Images

The Federal Reserve said Wednesday it will temporarily lift Wells Fargo’s growth restriction put in place following the bank’s customer abuse scandals.

Why it matters: One of the nation's biggest lenders said the Fed's asset cap prevented it from lending more to struggling small businesses as part of the government's aid package. Now Wells Fargo says it will reopen its application process and lend to a broader set of business owners.

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 2 p.m. ET: 1,464,852 — Total deaths: 85,397 — Total recoveries: 315,105Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 402,923 — Total deaths: 13,007 — Total recoveries: 22,717Map.
  3. State latest: New York Gov. Andrew Cuomo issued an executive order for New Yorkers to vote by absentee ballot for June 23 primaries.
  4. Federal government latest: The U.S. has begun to see "glimmers of hope" despite its highest recorded number of deaths in 24 hours, Dr. Anthony Fauci said.
  5. Business updates: Roughly one-third of U.S. apartment renters didn't make April payments — The Fed will lift Wells Fargo's asset cap to help small business lending.
  6. 🎧 Podcast: The battle over billionaire coronavirus saviors
  7. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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