
Florida's proposed solution for losing migrant workers: more teen labor
Why it matters: Allowing kids to work longer hours could cut into their education, hurting their academic prospects, and would likely disproportionately harm low-income youth who have to work because of their circumstances, advocates told the Tampa Bay Times.
State of play: A Senate committee on Tuesday advanced Senate Bill 918, which would allow teenagers as young as 14 to work overnight shifts and remove time limitations and required meal breaks for 16- and 17-year-old workers.
The vote comes a week after DeSantis suggested that young workers could help replace "dirt cheap" labor performed by undocumented workers.
"Why do we say we need to import foreigners, even import them illegally, when you know, teenagers used to work at these resorts, college students should be able to do this stuff," DeSantis said at a panel discussion with President Trump's border czar, Tom Homan.
Zoom in: The bill, sponsored by Sen. Jay Collins, R-Tampa, removes all time restrictions in Florida law for 16- and 17-year-old workers.
Those regulations include bans on working before 6:30am or after 11pm on school days or for more than eight hours in one day or 30 hours in a week when school is in session.
It would also remove those protections for 14- and 15-year-old workers under certain conditions, including if they've graduated high school or obtained their GED, are enrolled in virtual or home school, or work for their parents.
Flashback: A similar proposal last year, pushed by the conservative Foundation for Government Accountability, was watered down by the end of the lawmaking session, the Times reported.
What they're saying: At Tuesday's meeting, Collins said his bill fills a gap in teaching kids "executive function."
"We want our kids to be academically prepared," he said, "but let's talk about soft skills. Let's talk about adult function. Let's talk about executive thought process and management. Where do they learn that? Do we teach them that in school?"
Child labor is "fundamentally a parental rights issue," he added. "This is the free state of Florida. … We do what's right, no matter how difficult it is or how many people stand up against it."
Yes, but: Even members of Collins' party expressed discomfort with some aspects of the bill and said it needed work.
"I share many of the same concerns that my colleagues do up here," Sen. Nick DiCeglie, R-Indian Rocks Beach, told Collins. "We're talking about 14- and 15-year-olds."
Between the lines: Federal child labor laws also place limits on work by kids younger than 16, including hours restrictions. Workers who are 16 or 17 don't face a federal hours limit for non-agricultural jobs.
The bill passed the Senate Committee on Commerce and Tourism 5-4, with one Republican lawmaker, Sarasota Sen. Joe Gruters, joining Democrats in voting against it.
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CNBC
11 minutes ago
- CNBC
West Virginia governor deploys hundreds of National Guard troops to Washington
West Virginia Gov. Patrick Morrisey announced Saturday that he is deploying members of the West Virginia National Guard to Washington, D.C., in support of the Trump administration's efforts to ramp up a military presence in the nation's capital. Morrisey's office said that the National Guard mobilization will include 300-400 troops, plus "mission-essential equipment" and "specialized training." "West Virginia is proud to stand with President Trump in his effort to restore pride and beauty to our nation's capital," Morrisey, a Republican, said in a statement. "The men and women of our National Guard represent the best of our state, and this mission reflects our shared commitment to a strong and secure America." The statement also said Morrisey's decision to deploy his state's National Guard came after a request from the Trump administration and that the troops would be operating under the command of West Virginia's adjutant general, Maj. Gen. Jim Seward. In a statement, a White House official confirmed that the national guardsman had been called to D.C., saying, "As part of President Trump's ongoing effort to make D.C. safe and beautiful, additional National Guard troops will be called in to Washington DC — the National Guard's role has not changed. The National Guard will protect federal assets, create a safe environment for law enforcement officials to carry out their duties when required, and provide a visible presence to deter crime." The governor's move comes just days after President Donald Trump announced that he was deploying 800 members of the National Guard to D.C. and directing federal law enforcement agents to assist local police with patrolling and executing warrants in the city. Trump's stated aim of cracking down on crime in Washington comes as crime rates in the city are at their lowest levels in decades. Washington residents almost immediately began to notice an increase in law enforcement on the streets, as local police and federal law enforcement set up checkpoints in neighborhoods across the city. Residents and tourists also noticed the increased presence of military and law enforcement around tourist-heavy areas like Union Station and the National Mall. Initially, Attorney General Pam Bondi sought to take over control of the Metropolitan Police Department, but backed down after the city sued the Trump administration. Chief Pamela Smith remains in day-to-day control of the city's police force. Democrats have slammed the president's decision, with House Minority Leader Hakeem Jeffries calling the move earlier this week "illegitimate" and an "unjustified power grab."


Los Angeles Times
40 minutes ago
- Los Angeles Times
West Virginia sends hundreds of National Guard members to D.C. at Trump team's request
WASHINGTON — Hundreds of West Virginia National Guard members will deploy across the nation's capital as part of the Trump administration's assumption of control over policing in the District of Columbia in what it says is part of a nationwide crackdown on crime on homelessness. The move comes as federal agents and National Guard troops have begun to appear across the heavily Democratic city after Trump's executive order on Monday federalizing local police forces and activating about 800 D.C. National Guard troops. By adding outside troops to join the existing National Guard deployment and federal law enforcement officers temporarily assigned to Washington, President Trump is exercising even tighter control over the city. It's a power play that the president has justified as an emergency response to crime and homelessness, even though district officials have noted that violent crime is lower than it was during Trump's first term in office. A protest against Trump's intervention drew scores to Washington's Dupont Circle on Saturday afternoon before a march to the White House, about a mile and a half away. Demonstrators assembled behind a banner that said, 'No fascist takeover of D.C.,' and some in the crowd held signs that said, 'No military occupation.' Trump was at his Virginia golf club after Friday's summit with Russian President Vladimir Putin in Alaska. Gov. Patrick Morrisey, a Republican, announced Saturday that he was sending a contingent of 300 to 400 National Guard members. 'West Virginia is proud to stand with President Trump in his effort to restore pride and beauty to our nation's capital,' Morrisey said. Morgan Taylor, one of the organizers of Saturday's protest, said demonstrators who turned out on a hot summer day were hoping to spark enough backlash to Trump's actions that the administration would be forced to pull back. 'It's hot, but I'm glad to be here. It's good to see all these people out here,' she said. 'I can't believe that this is happening in this country at this time.' Protesters said they are concerned about what they view as Trump's overreach, arguing that he had used crime as a pretext to impose his will on Washington. John Finnigan, 55, was taking an afternoon bike ride when he ran into the protest in downtown Washington. A real estate construction manager who has lived in the capital for 27 years, he said that Trump's moves were 'ridiculous' because 'crime is at a 30-year low here.' 'Hopefully some of the mayors and some of the residents will get out in front of it and try and make it harder for it to happen in other cities,' Finnigan said. Jamie Dickstein, a 24-year-old teacher, said she was 'very uncomfortable and worried' for the safety of her students given the 'unmarked officers of all types' now roaming Washington and detaining people. Dickstein said she turned out to protest with friends and relatives to 'prevent a continuous domino effect going forward with other cities.' The West Virginia National Guard activation suggests the administration sees the need for additional manpower, after Trump played down the need for Washington to hire more police officers. Maj. Gen. James Seward, West Virginia's adjutant general — a chief aide to the governor and commanding general of the National Guard — said in a statement that members of the Guard 'stand ready to support our partners in the National Capital Region' and that the Guard's 'unique capabilities and preparedness make it an invaluable partner in this important undertaking.' Federal agents have appeared in some of the city's most highly trafficked neighborhoods, garnering a mix of praise, resistance and alarm from local residents and leaders across the country. City leaders, who are obligated to cooperate with the president's order under the federal laws that direct the district's local governance, have sought to work with the administration, though they have bristled at the scope of the president's takeover. On Friday, the administration reversed course on an order that aimed to place the head of the Drug Enforcement Administration as an 'emergency police commissioner' after the district's top lawyer sued to contest. After a court hearing, Trump's attorney general, Pam Bondi, issued a memo that directed D.C.'s Metropolitan Police Department to cooperate with federal immigration enforcement regardless of any city law. District officials say they are evaluating how to best comply. In his order Monday, Trump declared an emergency, citing the 'city government's failure to maintain public order.' He said that impeded the 'federal government's ability to operate efficiently to address the nation's broader interests without fear of our workers being subjected to rampant violence.' In a letter to city residents, Mayor Muriel Bowser, a Democrat, wrote that 'our limited self-government has never faced the type of test we are facing right now.' She added that if Washingtonians stick together, 'we will show the entire nation what it looks like to fight for American democracy — even when we don't have full access to it.' Brown and Pesoli write for the Associated Press. AP writer Josh Boak contributed to this report.


Miami Herald
an hour ago
- Miami Herald
After Circle and Bullish's big debuts, it's time to put these three crypto IPOs on your radar
Whether or not you think crypto is a pivotal technology or generational scam, there's no arguing that there's money to be made off of it. But despite the improbable returns and all-time highs in leading digital assets like Bitcoin and Ethereum, there might arguably be even better money for investors buying companies selling access to the boom. See, there's an old adage about selling pickaxes to gold miners. And arguably, nobody's done it better than Robinhood (HOOD) and Coinbase (COIN) . The two industry leaders spent years in the dumps after their respective 2021 IPOs, but with the years-long recession of trading speculation in the rear view, the two companies have soared. They're up 475% and 62% over the last year. Their performances have created a lot of FOMO among crypto and fintech operators. And thanks to a slew of new pro-crypto policies from the Republican-run U.S. government, and record valuations in digital asset land, there's a new boom of firms seeking out Wall Street. It's already created some of the year's most fantastical rallies. Take USDC creator Circle Technology (CRCL) for example, it's up over 400% since its IPO. It's not a one-off thing, either: crypto exchange and media firm Bullish BLSH, which IPOed this past week, proved the demand for crypto IPOs is durable; it's nearly doubled from its IPO price. So who should be on your radar next? Here are three to watch out for: If not for Grayscale, the largest digital asset manager, we might have been waiting years for Bitcoin and Ethereum ETFs to become reality. The company was a first-mover in bringing crypto to Wall Street through its Grayscale Bitcoin Trust and Grayscale Ethereum Trust. The funds, plus dozens of other products offered by the asset manager, offered spot exposure to the digital assets long before major asset managers paid any mind to the crypto industry. Next on its list, it plans to take itself to Wall Street, capitalizing on the robust drip of management fees from its various crypto products. It manages over $33 billion in assets. In mid-July, it was reported that the firm had confidentially filed for an IPO. They might not have invented Facebook, but settlement money in hand, the Winklevoss twins have managed to build a billion-dollar business in the burgeoning crypto business. After buying millions in Bitcoin and attempting to bring a 'Winklevoss Bitcoin Fund' to Wall Street over a decade ago, the twins settled for building their own crypto exchange. Today, Gemini has grown to be one of the larger centralized exchanges. As a result, it's seeking to strike while crypto demand is strong. In fact, it was one of the first firms to throw its hat in the ring, in light of the strong performance seen by Circle. Last it raised money from venture capital investors in Nov. 2021, crypto was at all-time highs. Filing confidentially for an IPO, the company would likely seek a valuation around the $7.1 billion it fetched back then. Crypto custodian BitGo has also joined the chorus of crypto firms seeking a home on Wall Street. It might score big, given the fact that it's already a massive home for crypto assets. BitGo custodies over $100 billion in assets now, making it one of the largest holders of crypto. It provides services directly to exchanges, asset managers, and other businesses. Not just holding and securing coins, but staking them and providing trading, lending, and borrowing services as a prime broker. It's fair to assume that the firm's near-doubling in assets over the last year is an indication it's ready for prime time, but outside of the $1.75 billion valuation it fetched in Aug. 2023, we won't know a whole lot more until the company's confidential IPO becomes public. It's hard to call anything a sure thing these days, particularly with U.S. stock benchmarks and crypto markets at record levels. For those interested in playing the IPOs, there's likely an opportunity to hop in on the ground floor of the new listings, playing the first-day pop and ensuing optimism. Some brokerages, like Robinhood and SoFi, even allow investors to request shares at the IPO price. For longer-term holders, closer examination of the companies' financials will be a must. Most of that information is not public yet, though. To that end, if you're a crypto believer, a bet on these firms might make sense if they're financially strong and growing. But given the nature of this fickle market, that means betting that the crypto market's best days are still ahead. And that's by no means a sure thing. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.