What Immigrant Workers’ Loss of Legal Status Mean for Their Employers

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 28 May 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for May 28. As the Trump administration has threatened to roll back temporary legal protection of immigrant workers, U.S. businesses are preparing for a blow to their workforce. WSJ senior special writer Ruth Simon visited one such company to understand what that might mean for its business. Plus, Elon Musk criticized President Trump’s tax-and-spending bill, saying that it failed to reduce the federal deficit. And Nvidia’s sales soar as demand for artificial intelligence chips surges, even with the company effectively shut out of China. Alex Ossola hosts. WSJ Future of Everything event Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Active fixed income ETFs from Hartford funds. Built to help you navigate complex bond markets with the affordability of an ETF.
0:09.1	Actively managing your fixed income is actively managing your client's future. Learn more at Hertfordfunds.com slash active.
0:17.6	Investing involves risk. Carefully consider funds investment objectives risk charges and expenses before
0:22.5	investing visit herford funds.com to obtain a prospectus containing this and other information read it
0:27.2	carefully before investing alps distributors
0:29.5	Elon musk joins critics of president Trump's tax and spending bill.
0:42.7	Plus, what the loss of legal status of immigrant workers could mean for their employers. It could potentially leave a huge hole in their workforce.
0:47.2	These types of workers with these legal protections are employed all around the country.
0:52.6	They work for big companies. They work for big companies.
0:55.9	They work for small employers.
1:00.6	And NVIDIA sales soar as demand for AI chips surges.
1:02.8	It's Wednesday, May 28th.
1:05.1	I'm Alex Oslo for the Wall Street Journal. This is the PM edition of What's News,
1:08.0	the top headlines and business stories that move the world today.
1:16.2	Elon Musk has given new fuel to critics of the Republicans' multi-trillion dollar tax and
1:21.9	spending agenda. In excerpts released Tuesday night from an interview with CBS Sunday morning,
1:27.5	Musk said the tax bill failed to reduce the federal deficit
1:30.6	and undermined cost-cutting undertaken by his Department of Government Efficiency.
1:35.5	The bill narrowly passed the House last week and now heads to the Senate,
1:39.2	where some fiscal hawks have demanded deeper cuts.
1:42.9	Asked about Musk's criticism, Trump alluded to the thin Republican majority in the House
1:47.4	and said negotiations were continuing.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.