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Anti-Trump GOP Governors Plot To Undermine President's Immigration Crackdown With Work-Visa Scheme

Zero Rss
1 day 13 hours ago
Anti-Trump GOP Governors Plot To Undermine President's Immigration Crackdown With Work-Visa Scheme

Two Republican governors with a long history of clashing with Donald Trump are working with Democrats on a plan to hand migrant workers state-issued work permits instead of deportation notices, a direct challenge to the president's immigration crackdown that the four laid out on camera. Utah Gov. Spencer Cox and Oklahoma Gov. Kevin Stitt joined Democratic Govs. Wes Moore of Maryland and Matt Meyer of Delaware for a joint interview with Bloomberg, describing a shared position that has far more in common with the Democratic Party and the labor lobby than with the Trump administration's approach to the border.

Left to right: Oklahoma Gov. Kevin Stitt, Maryland Gov. Wes Moore, Utah Governor Spencer Cox

The vehicle for that position is the National Governors Association's Task Force on Immigration Policy, which Stitt built after noticing a pattern among his colleagues. "The reason I set this task force up is because I realized by talking to my colleagues that they're having the same issues," Stitt told Bloomberg reporter Christina Ruffini. "Let's actually have the governors issue workforce permits."

That last line is the whole ballgame. The task force wants Congress to hand governors the discretion to issue migrant work permits at the state level, a proposal that treats illegal immigration less as a legal violation and more as a labor supply problem for agriculture, construction and hospitality. It resembles former President George W. Bush's immigration reform approach, which sent the message to illegal immigrants, "If you're doing a job an American won't do, you're welcome here, for a period of time, to do that job."

Cox framed the alliance as a breakthrough four decades in the making. "For 40 years, we've been trying to do immigration reform and nobody's ever been able to get it done," he said. "But what's different this time is that we have a secure border." He credited that border security to the current administration while working, in the same breath, to carve states out from under its enforcement arm. "We all care - Republicans and Democrats - about a secure border," Cox said, a sentiment that gets considerably murkier once the conversation turns to what happens to people already inside it.

Cox described a February meeting among the governors as almost startling in its unity. "We were together in February and having a conversation about immigration, and we were all shocked at the level of bipartisanship, cooperation, and agreement," he said. "We were really stunned that everybody had kind of the same opinions on what needed to be done." Bipartisan agreement among governors on loosening enforcement is not the reassurance Cox seems to think it is.

Ruffini asked the group for a show of hands on whether ICE and the Department of Homeland Security have been effective. Neither Cox nor Stitt raised one. Cox pointed to enforcement actions in Minnesota as a specific concern, citing "the violence and the deaths that we've seen" and calling the incidents "deeply problematic." Stitt was even more blunt about his overall assessment. "We're not using common sense right now," he said.

Stitt's example centered on a green card holder from Vietnam who has lived in Oklahoma City for 25 years. "We had a person from Vietnam that's been in Oklahoma City for 25 years, legally in the United States, with a green card, working at Hobby Lobby," he said. The man had self-deported after a marijuana arrest then returned to the country legally. "They've been a great citizen chasing the American dream, but they've been picked up for deportation now," Stitt said. Gov. Moore added an economic gloss to the argument, saying a deportation agenda focused on criminals ought to travel alongside pro-growth policy rather than replace it.

Neither Republican governor has a great relationship with Trump, and both have clashed with him politically in recent years, which explains their break with him on immigration enforcement.

The Trump administration clearly isn't on board. Trump won a second term in 2024 in part by promising to close a border that sat wide open for four years under Biden. Immigration has generally been the strongest issue for him, outperforming his approval numbers on the economy and foreign policy.

DHS Secretary Markwayne Mullin set the tone from inside the administration at the same NGA gathering, sitting beside Stitt and offering his own verdict on the odds of any of this actually happening. "Is immigration reform possible? No," Mullin told the assembled governors. "Do you really need immigration reform? Yes, you do, but can we work with the system we have? Yes."

Tyler Durden Thu, 08/06/2026 - 10:45
Tyler Durden

Lindsay Clancy’s sobs heard in courtroom as medical examiner describes autopsy of her baby

NY Post
1 day 13 hours ago
Lindsay Clancy audibly wept as a medical examiner testified about the autopsy she performed on the Massachusetts mother’s 8-month-old baby boy.
Priscilla DeGregory

Spice Girls’ Mel Chisholm confirms why Victoria Beckham was a no-show at her wedding

NY Post
1 day 13 hours ago
Mel C tied the knot with model Chris Dingwall in a romantic countryside wedding last month.
mliss1578

Spice Girls’ Mel Chisholm confirms why Victoria Beckham was a no-show at her wedding

NY Post
1 day 13 hours ago
Mel C tied the knot with model Chris Dingwall in a romantic countryside wedding last month.
Jolie Zenna

Alysa Liu’s family enters trans sports debate, Michigan Democrat’s upset win signals party shift

NY Post
1 day 13 hours ago
Olympic champion Alysa Liu’s family has unexpectedly become part of the national debate over transgender athletes after reports that her transgender sibling is competing in girls’ high school sports in California. The controversy highlights one of the country’s most politically and culturally divisive issues as states continue to take sharply different approaches. A progressive victory...
New York Post Video

Coco Gauff opens up on ‘nuanced’ WTA gene testing as transgender athlete debate heightens

NY Post
1 day 13 hours ago
"So, I don't really know how to answer really this question in a way that people aren't going to spin it."
Matt Ehalt

Musk Responds To French Green Leader's Demand That X Be Shut Down

Zero Rss
1 day 13 hours ago
Musk Responds To French Green Leader's Demand That X Be Shut Down

Update (1100ET): Upon seeing this exclamation from the dismally-polling Green leader. Elon Musk took to X (the platform she demands be shutdown for too much free-speechifying) to make some demands of his own...

I demand that she be shut down for treason against France!

— Elon Musk (@elonmusk) August 6, 2026

As Remix News detailed earlier, French Green leader Marine Tondelier has reiterated her calls for social media platform X to be temporarily shut down, claiming its owner Elon Musk is using it to interfere in French politics and promote Marine Le Pen ahead of the 2027 presidential election.

Tondelier, general secretary of the Ecologists and a declared presidential candidate, suggested that suspending X for one month would improve political debate in France.

“If X were to stop for a month, it would do a world of good for the French public debate,” she said, as cited by Libération.

She claimed the platform could not be treated merely as a question of freedom of expression or freedom of enterprise because it was controlled from the United States by an owner seeking to influence European politics.

“This tool is owned by someone based in the United States, with a supremacist ideology, who clearly wants to push Europe into total submission to the United States,” Tondelier said.

She also accused Musk of wanting Le Pen elected and argued that his intervention exposed what she described as the “hypocrisy” of the National Rally’s patriotism.

“The algorithm of this social network is rigged,” she claimed.

“The ‘ratings’ meant to indicate the veracity of posts are now a source of further fake news.”

Tondelier also complained that environmental claims she posts on the platform are routinely challenged and said female politicians face persistent cyberbullying.

In January last year, she said, “This network must be banned in Europe. Whether I leave it or not, it will still have an impact on the real world. It will contribute to destabilizing the next elections,” adding that X was a “source of suffering, as a politician and as a woman.”

Her comments followed Musk’s public endorsement of Le Pen last month.

Responding to an American account discussing her polling strength and the possibility of mass deportations under a National Rally government, Musk wrote, “She is France’s last hope.”

Despite the outburst, Tondelier remains a marginal contender in the presidential race.

Recent IFOP polling places her support at about 4 percent, with other surveys putting her between 3 and 5 percent.

Le Pen, by contrast, is polling at approximately 35 percent and is strongly positioned to reach the second round of the election.

Read more here...

Tyler Durden Thu, 08/06/2026 - 10:30
Tyler Durden

People are mocking the 3-foot-tall Lululemon Big-Ass Bag—but you won’t believe what fits inside

NY Post
1 day 13 hours ago
The bigger, the bagger!
Carrie Berk

When Does ‘The Shards’ Episode 3 Come Out?

NY Post
1 day 13 hours ago
Dying to know more about the Trawler?
mliss1578

Congo Ebola health workers protest unpaid wages as deaths top 1,800

NY Post
1 day 13 hours ago
The health workers said they haven’t received wages and bonuses for their work fighting Ebola since the outbreak was declared in one of Congo’s most remote and vulnerable areas ravaged by rebel conflict.
Associated Press

Elon Musk vows to ‘come after’ lefties — like ex-Mamdani volunteer who called tech titan ‘valid military target’

NY Post
1 day 13 hours ago
“If they come after me, I will come after them and finish the job,” Musk wrote Monday on X.
Ariel Zilber

Brianna ‘Chickenfry’ LaPaglia ‘never’ wears bras, but loves this ‘magic’ Skims one: ‘I don’t gatekeep’

NY Post
1 day 13 hours ago
"You're welcome, and enjoy your new boobs, ladies," the content creator quipped.
mliss1578

Brianna ‘Chickenfry’ LaPaglia ‘never’ wears bras, but loves this ‘magic’ Skims one: ‘I don’t gatekeep’

NY Post
1 day 13 hours ago
"You're welcome, and enjoy your new boobs, ladies," the content creator quipped.
Hannah Southwick

Nicolas Cage film stolen from Netflix HQ is ‘red flag’ for rattled Hollywood

NY Post
1 day 13 hours ago
The chain of events claimed in a producer's bombshell $105M lawsuit has left filmmakers around town alarmed.
mliss1578

Nicolas Cage film stolen from Netflix HQ is ‘red flag’ for rattled Hollywood

NY Post
1 day 13 hours ago
The chain of events claimed in a producer's bombshell $105M lawsuit has left filmmakers around town alarmed.
Tatiana Siegel

Hilary Duff rushed ‘brave’ daughter, 5, to the ER hours before first sold-out MSG show

NY Post
1 day 13 hours ago
Duff opened up about the family medical emergency on stage at the New York City venue.
mliss1578

Hilary Duff rushed ‘brave’ daughter, 5, to the ER hours before first sold-out MSG show

NY Post
1 day 13 hours ago
Duff opened up about the family medical emergency on stage at the New York City venue.
Eric Todisco

Horrific video shows paratrooper plunging to his death during Russian Airborne Forces Day celebration

NY Post
1 day 13 hours ago
A Russian paratrooper has died after his parachute failed to open during an Airborne Troops Day celebration near Moscow.
News.com.au

Dodgers’ Shohei Ohtani two-way status under threat like never before

NY Post
1 day 13 hours ago
This could be the beginning of the end.
Dylan Hernandez

Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering

Zero Rss
1 day 13 hours ago
Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering

After tightening sharply following last week's (pre-Situational Awareness) rout which sent hyperscaler CDS to the widest on record, AI bond spreads are blowing out again this morning - with SpaceX bonds - which have quickly emerged as the fulcrum bond security of the AI world - plunging this morning on news that for the third time in a year, Alphabet which has emerged as the credit (both on and off balance sheet) nexus of the AI supercyle, is looking to raise another $25 billion from its latest US investment-grade bond offering, a deal that will again test investor appetite for AI-related debt following a July selloff when bond AI-linked bond spreads exploded to all time wides.

The offering, which will very likely be upsizied (just as the illl-fated SpaceX bond offering) will be Alphabet's third since November.

In February, the Google parent issued more than $30 billion in new debt, including multiple non-US tranches. The offering followed a similar bond issuance from November 2025, when Alphabet sold $25 billion in debt, quadrupling its long-term debt to $46 billion. Since then Google's debt has surpassed over $100 billion and is rising at an astronomic pace; one can only hope the rating agencies don't notice. 

According to Bloomberg, Alphabet is offering notes in as many as 10 parts, with maturities ranging from two to 40 years. Initial price talk for the longest-tenored tranche is a premium of about 1.55 percentage points above Treasuries. No final decision has been made on the size, according to people familiar with the matter, however it is likely that - as always - there will be excess demand leading to significant oversubscription, with the bond then sliding after it starts trading.

Virtually every bank is an underwriter on the offering which will need all the help it can get: Bank of America, Citigroup, Goldman, JPMorgan, Morgan Stanley and Wells Fargo are managing the sale, Bloomberg said.

Alphabet’s offering comes one month after Amazon issued an identical amount of debt, and just two weeks after the company again raised its 2026 spending outlook, which triggered fresh worries about whether massive artificial-intelligence investments will pay off. Investor appetite for bonds to help fund capex cooled in July as Alphabet increased its forecast to as much as $205 billion, more than double 2025’s outlays.

Meanwhile, as the market finally started paying attention to good, old on-balance sheet debt, the flood of off-balance sheet continued with BlackRock last week selling $12.5 billion of bonds tied to a Meta data center SPV in Texas. Initial demand was very poor, following soft interest for an offering by Amazon.com.

Immediately afterward, bond spreads across the Hyperscaler sector blew out to record wides in the secondary market, as we reported on multiuple occasions. 

However, following the historic short squeeze in the past week (sparked by.... nobody really knows) sentiment improved again as August began, helped by gains in US Treasuries.

“We’ve had a few days now of positive reactions from investors across corporates and especially technology,” said Brett Kozlowski, portfolio manager at GW&K Investment Management. “But another large debt deal will still test the depth of that and be worth watching.”

Sure enough, after sliding by almost 20bps in the past week, hyperscaler spreads have already cut their gains in half after blowing out by almost 10bps since Tuesday, a move that is set to accelerate as even more debt comes to market.

 Alphabet, which sold more than $50 billion of debt in the first half of 2026, and Amazon have led the AI-infrastructure borrowing spree. Alphabet last tapped the US high-grade debt market in February, before selling bonds in Swiss francs, British pounds, euros, Canadian dollars and Japanese yen. It also issued nearly $85 billion of shares two months ago.

The explosive growth in CapEx is why Alphabet posted its first quarter of negative cash flow since its 2004 initial public offering.

The hope is that at some point, all this massive investment will lead to a surge in EBITDA. The only problem is what happens if nearly-free Chinese open-weight models end up dominating the market while US hyperscalers duke it out in the biggest spending spree since the Nuclear arms race. And, as we reported overnight, that's precisely what is happening. 

Tyler Durden Thu, 08/06/2026 - 10:14
Tyler Durden

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