The Federal Emergency Management Agency (Fema) has allocated over $600 million for states to detain undocumented migrants awaiting transfer to federal facilities, aligning with the Trump administration’s mass deportation efforts. Florida’s “Alligator Alcatraz” detention center exemplifies this initiative, with Governor Ron DeSantis promoting it as a model for deportation support amidst concerns over inhumane conditions.
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U.S. could take stakes in more companies, Trump adviser says
The U.S. government, through the CHIPS Act, has taken a nearly 10% stake in Intel and may pursue further equity investments in companies, potentially establishing a sovereign wealth fund, according to National Economic Council Director Kevin Hassett. This move, described as a "down payment on a sovereign wealth fund," has drawn mixed reactions, including criticism from some Republicans, while Trump claimed the investment cost nothing despite the $8.9 billion purchase. Want More Context? 🔎
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