00:00It's Benzinga bringing Wall Street to Main Street.
00:02The illegal border crossing dropped in the first weeks of the Trump administration,
00:06continuing a decline that began under Biden.
00:09Border patrol made 29,000 arrests in January, down from 47,000 in December.
00:14Officials attribute the decline to new policies denying asylum claims and
00:17expanding deportation efforts, including deals with Venezuela, Panama, and Costa Rica.
00:22The Biden administration also saw border arrest decline after persuading Mexico to
00:26increase enforcement. The White House credited the drop to Trump's policies,
00:31calling it the Trump Effect.
00:32For all things money, visit Benzinga.com slash GSTV.