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Biden eases money transfers to Cuba and flips Trump migrant, travel rules

Added 05-16-22 09:18:02pm EST - “The financial reforms include lifting a $1,000 per quarter remittance cap and allowing for direct US investments for the first time since 1960.” - Nypost.com

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Posted By TheNewsCommenter: From Nypost.com: “Biden eases money transfers to Cuba and flips Trump migrant, travel rules”. Below is an excerpt from the article.

The Biden administration on Monday said it would relax rules for sending money to Cuba and reverse former President Donald Trump’s policies that made it more difficult to travel to or migrate from the island.

The slate of changes outraged prominent Cuban-American politicians who hoped Cuba’s authoritarian Communist leaders were on the ropes after large anti-government protests last year, which were harshly repressed.

The financial reforms include lifting a $1,000 per quarter remittance cap and allowing for direct US investments for the first time since 1960.

The US also will restart a family reunification program for Cubans to move to the US, which the Trump administration suspended in 2017, and resume “educational” US group travel to the island that was banned in 2019.

Sen. Bob Menendez (D-NJ), the chairman of the Senate Foreign Relations Committee, condemned the plan to resume educational group tours, saying in a statement that the plan was “akin to tourism” and would benefit the Cuban government.

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