Investors and dealmakers may not be the obvious targets of Donald Trump's immigration policies — but the impact on Wall Street is being felt.

President Donald Trump’s “One Big Beautiful Bill,” which he signed into law on July 4, is peppered with dozens of line items totaling hundreds of billions of dollars that will help advance his border and national security agenda.

Nationally, construction and agriculture workforces had the highest shares of undocumented workers as of 2022, according to the American Immigration Council.

The tech giant has quietly shed warehouse employees whose work authorizations were revoked after the Trump administration ended a Biden-era immigration program.

In part two of this podcast series, Jim Plunkett, a shareholder in the firm’s Washington, D.C., office, and Meagan Dziura, who serves as of counsel in Raleigh, continue their discussion on the immigration impacts of President Trump’s second term.

As the United States celebrated its 250th Independence Day, Donald Trump marked a personal milestone with the approval of his controversial legislation. Dubbed the “great and beautiful law” by Trump,

President Trump unveiled a plan to let farms and hotels keep undocumented workers temporarily, refocusing ICE efforts on arresting and deporting criminal aliens.

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, slashes spending on Medicaid, and creates temporary tax deductions for overtime and tipped income. It includes $170 billion for immigrant detention and for new personnel for Immigration and Customs Enforcement.