More than 120 top business leaders in New York City, including Jamie Dimon of JPMorgan Chase, Larry Fink of BlackRock, and Jane Fraser of Citigroup, have sent a letter to President Biden and congressional leaders urging Washington to provide taxpayer-funded, federal assistance to address the migrant crisis. This, despite the fact that the migrant crisis was caused by corporate demands for cheap migrant labor, and the facilitation of the policy by the corporate-sponsored politicians in New York, and across the nation.
The city claims to be facing a strain on resources as more than 100,000 asylum seekers arrive from the southern U.S. border. Recent communications from the Biden government suggests these calls for assistance may not be heeded.
New arrivals to Manhattan are sleeping outdoors, despite the opening of 200 emergency sites, leaving long lines near JPMorgan’s swanky offices. Top executives in New York are supporting Governor Hochul’s and Mayor Adams’s requests for federal funding for educational, housing, security, and healthcare services for migrants. They also want faster processing of asylum applications and work permits. However, Alejandro Mayorkas, the Homeland Security secretary, has questioned New York’s handling of the crisis and has offered federal sites to house migrants. New York officials, including representatives of Hochul and Adams, have pushed back against this response.
