00:00 It's Benzinga and here's what's on the block.
00:02 Texas Governor Greg Abbott has signed a new law that allows police in Texas to arrest migrants
00:07 who cross the U.S.-Mexico border illegally and gives local judges the power to order
00:12 arrest migrants to leave the country. If arrested migrants don't comply with a judge's order to
00:16 leave the U.S., they could face misdemeanor charges for illegal entry or felony charges
00:21 if they fail to leave. Governor Abbott claims the law will dramatically reduce legal border
00:26 crossings into Texas by over 50 percent or even 75 percent, but he did not provide evidence for
00:31 this estimate. In September and October, Venezuelans surpassed Mexicans to become
00:35 the largest nationality apprehended by U.S. border agents for illegal entry.
00:40 For all things money, visit Benzinga.com.
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