There is a LOT to like about this bill. I want to highlight some of the proposed changes beyond just legalization, including:

- Ending the 3 & 10 year bars
- Curbing the "Muslim ban" authority
- Preventing "aging out" of children on nonimmigrant

Today's press release says the new bill will revoke the 1996 immigration bill's creation of 3 and 10 year bars to getting a visa for those who have been present unlawfully in the US for 6 months or over a year.

Here's @immcouncil's fact sheet on the bars: https://t.co/HgQRO49UOX
The new bill has multiple provisions designed to reduce the current green card backlogs, which for nationals of some countries like India, China, Mexico, and the Philippines, can mean the process of obtaining a green card can take 20+ years (or even longer in some cases).
The bill would also create similar reforms for the employment-based immigration system, where backlogs are even worse. Under the current system, some Indian nationals seeking a green card are predicted to have a 100+ year wait for a visa! The new bill would do a lot to fix that.
This particular provision would be a welcome change for thousands of people who grow up in the United States as a "derivative" on their parents' nonimmigrant work visas.

Under current laws, they have to leave the US when they turn 21 (if they can't get another visa).
By incorporating the NO BAN ACT the bill would eliminate the law that allowed Trump to impose the Muslim Ban and replace it with a provision that requires consultation with Congress, specific factual findings, can only be used for a narrow list of topics, and can't be indefinite.
However, not everything in the bill goes as far as advocates will like. For instance, we have long been calling for the creation of an independent immigration court system, uncoupled from DOJ. This bill doesn't contain that recommendation. But it does make some important reforms.
One major change the bill would make to immigration court is to require the government to provide counsel for children.

Under current law, a 5-year-old can legally face an immigration judge without a lawyer.

Under the new bill, that wouldn't be allowed. It's a welcome change!
Another change I like in the immigration court section? Restoring discretion to immigration judges so that everyone can ask for a second chance to remain in the United States.

Congress got rid of a version of that authority in 1996 and it did enormous damage.
The bill would also make some vital changes to the asylum system, including repealing the one year filing deadline (also introduced in 1996) and authorizing funding to reduce the 300,000+ affirmative asylum backlog at USCIS.

I wish it did more on substantive asylum law, though.
The bill's increasing of the U visa numbers from 10,000 to 30,000 is welcoming, though with the current backlog over 100,000 it would still make people wait for years... but with the more generous legalization provisions, the backlog would probably be eliminated anyway.
One major portion of the bill is designed to address the root causes of migration.

Under Trump, the focus was almost entirely on hardening the border to stop people from getting in. This bill (which mirrors legislation previously introduced in the House) focuses on push factors.
While the bill introduced today contains no new funding for immigration enforcement (a welcome move given how much money has been wasted on that over the last decade), it does expand criminal penalties for smuggling & trafficking.

Personally, not a fan of any "tough on crime."
When it comes to changes to the border, I think many advocates will wish the bill could have gone further. E.g. we get welcome changes like the creation of a Border Community Stakeholder Advisory Committee but no substantive changes to the DHS Secretary's authority to waive laws.
The Biden bill does increase border enforcement in this section, primarily at ports of entry—where over 90% of all drugs are smuggled into the US.

A lot of this is what has been deemed "smart enforcement," though privacy advocates have raised serious concerns about surveillance.
One thing the Biden bill would do which has received little attention is beef up protections for migrant workers, who are often exploited by their employers in really terrible ways.

For example, the bill would block ICE from deporting someone while DOL was investigating abuses.
Finally, there's the thing I mentioned in the first tweet has already gotten a ton of attention.

This is a bold plan to provide a path to status to ALL undocumented immigrants, not just a favored few.

An earned path to citizenship is overwhelmingly popular. I hope we get it.
As @immcouncil's Policy Director @JorgeLoweree said in our statement today, "President Biden's new vision for immigration reform is extraordinary and a welcome development for America."

Now it's up to Congress.

Read our statement on the bill here:
https://t.co/DJ16zkFbXp

More from Aaron Reichlin-Melnick

Sitting down to work for the first day of the Biden presidency is a surreal feeling.

So much happened yesterday. I'm going to collect my threads here on yesterday's big immigration news.

First, we got key details of Biden's big immigration


Once Biden had officially taken office, we got the first major action. As part of a standard transition process, the Biden White House froze all regulations which Trump had been trying to finalize at the last hour. I did a thread on what we


Last night we started getting more changes. One of the first was an order telling CBP to stop putting people into the so-called "Migrant Protection Protocols," a cruel program that's left thousands in a dangerous limbo. But there's still more to do!


After that, we began getting the text of immigration executive orders. The first one put onto the White House's website was the order ending the Muslim Ban/Africa Ban and ordering the State Department to come up with a plan for reconsidering


The next immigration executive order put on the White House's website revoked a Trump executive order from January 26, 2017 which made all undocumented immigrants a priority for deportation and directed a DHS-wide review of immigration
We finally have the U.S. Citizenship Act Bill Text! I'm going to go through some portions of the bill right now and highlight some of the major changes and improvements that it would make to our immigration system.

Thread:


First the Bill makes a series of promises changes to the way we talk about immigrants and immigration law.

Gone would be the term "alien" and in its place is "noncitizen."

Also gone would be the term "alienage," replaced with "noncitizenship."


Now we get to the "earned path to citizenship" for all undocumented immigrants present in the United States on January 1, 2021.

Under this bill, anyone who satisfies the eligibility criteria for a new "lawful prospective immigrant status" can come out of the shadows.


So, what are the eligibility criteria for becoming a "lawful prospective immigrant status"? Those are in a new INA 245G and include:

- Payment of the appropriate fees
- Continuous presence after January 1, 2021
- Not having certain criminal record (but there's a waiver)


After a person has been in "lawful prospective immigrant status" for at least 5 years, they can apply for a green card, so long as they still pass background checks and have paid back any taxes they are required to do so by law.

However! Some groups don't have to wait 5 years.

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.