Dimon Among NY CEOs Asking Biden for Asylum Seeker Help

The transcript discusses the Biden administration's response to the influx of 100,000 asylum seekers, highlighting an open letter from the Partnership for New York City. The letter, signed by prominent business leaders, emphasizes the strain on resources across the nation. The influence of the Partnership for New York City is explored, along with the financial impact on New York City, which faces a $12 billion cost. Funding sources include state aid and city tax revenue, with potential budget cuts looming. The transcript concludes with a discussion on the economic benefits of allowing migrants to work.

How does the Partnership for New York City influence political and business decisions in the city?

What suggestions are being made to help integrate the new migrants into the economy of New York City?