Western Union Reports Fewer U.S. Dollars Being Sent Home by Migrants

Western Union Reports Fewer U.S. Dollars Being Sent Home by Migrants

Western Union is reporting that its revenue from cash transfers to locations outside the U.S. has seen a 12 percent decline this year. The post Western Union Reports Fewer U.S. Dollars Being Sent Home by Migrants appeared first on Breitbart.

Trump Effect: Migrants Sending Fewer US Dollars Home

There has been a “significant slowdown” in cash transfers from migrants in the US to Mexico, El Salvador, Peru, and Ecuador, according to Western Union. Western Union CEO Devin McGranahan said, “Recent policy changes have led to a substantial decline in border crossings and an increase in enforcement actions including workplace inspections and deportations which have created uncertainty and hesitation within migrant communities. These developmen…