Warren Buffett Issues Cryptic Warning on U.S. Dollar

The world's wealthiest individuals are making huge moves with their money. Warren Buffett just liquidated billions of shares. Bill Gates sold 500,000 shares of Microsoft. Jeff Bezos filed to sell Amazon shares worth $4.8 billion. What is going on? One multi-millionaire believes they are preparing for a catastrophic event. But not a crash, bank run, or recession. It's something we haven't see in America for more than a century.

What to know about visas for foreign truckers and the politics of a deadly Florida crash

TIM SULLIVAN and CATHY BUSSEWITZ
August 22, 2025

Secretary of State Marco Rubio announced this week that the U.S. will pause issuing work visas to some foreign truck drivers, warning darkly that they are "endangering American lives and undercutting the livelihoods of American truckers."

He provided no details Thursday in his two-sentence post on the social platform X, leaving some in the trucking industry wondering if many drivers would be affected.

The short answer: No.

But the announcement appeared to be as much about politics as road safety, coming as a deadly Florida crash involving a foreign truck driver became increasingly politicized, with the offices of two ambitious governors battling publicly over responsibility.

With the Florida crash spilling into national politics, here's what you should know:

Will many drivers be affected?

It depends how you define "many," and the exact number isn't clear. But it appears that at most a few thousand of the country's estimated 3.5 million commercial truck drivers would be affected by the new directive.

The pause is aimed at drivers applying for three types of visas, the State Department said Friday, most notably the H-2B visa for temporary workers.

Only roughly 1,500 visas for truck drivers were issued this fiscal year under the program, and 1,400 last year, according to Jeff Joseph, president of the American Immigration Lawyers Association.

The program has helped offset what many observers see as a persistent shortage of commercial drivers.

But H-2B visas are capped for most years at 66,000, with drivers making up only a couple percent of the total.

The other two visa categories listed by the State Department are the E-2, for people who make substantial investments in a U.S. business, and the EB-3, which is for skilled workers such as health care employees, IT professionals and skilled tradespeople like electricians.

Trucking groups are pleased ... and relieved

The Owner-Operator Independent Drivers Association, a trade association representing small-business truck drivers, applauded the administration for "seeing through the myth of a truck driver shortage and continuing efforts to restore commonsense safety standards on our nation's highways."

The association dismisses talk of scarcity, saying there are often independent truckers available but companies prefer drivers who cost less.

Jerry Maldonado of the Laredo Motor Carriers Association, a group of 200 trucking companies operating on both sides of the southern border, was relieved when the State Department released more details about Rubio's announcement.

Mexican and Canadian drivers operate in the U.S. with B-1 visas, he said, which allow non-U.S. citizens to enter the country briefly. Some worried those visas could also be paused.

"The announcement did scare some people, but I'm glad for the clarification," Maldonado said.

The deadly Florida crash

Rubio's announcement came after three people were killed when truck driver Harjinder Singh made an illegal U-turn on a highway, according to the state's Highway Patrol.

A nearby minivan slammed into Singh's trailer as he made the turn. Singh and his passenger were not injured.

The Department of Homeland Security said Monday that Singh, a native of India, was in the country illegally.

The crash quickly turned political, with supporters of Florida's Republican governor, Ron DeSantis, blaming California's Democratic governor, Gavin Newsom.

Both men have been mentioned as possible presidential contenders.

Homeland Security said Singh obtained a commercial driver's license in California, one of 19 states that issues licenses regardless of immigration status, according to the National Immigration Law Center.

"Three lives lost because of Gavin Newsom. Because of California's failed policies," Florida Lt. Gov. Jay Collins said Thursday at a news conference in Stockton, California.

Singh, who flew to California after the Aug. 12 crash, was arrested by U.S. Marshals in that city.

DeSantis sent Collins to California to oversee Singh's return to Florida, where he is charged with three counts of vehicular homicide and immigration violations. Collins, accompanied by law enforcement personnel, escorted Singh onto the plane.

A Newsom spokesperson called Collins' trip a "photo op" and criticized Florida officials for letting a "murder suspect walk."

Safety? Or politics?

Trump administration and Florida officials insist that their concerns center on immigration and road safety.

In recent months the administration has taken steps to enforce English-language proficiency requirements for truckers, following incidents in which drivers' ability to read signs or speak English may have contributed to traffic deaths.

On Friday the State Department also said the government is launching a review of how it screens foreign drivers and "enhanced vetting" will apply to those without valid visas.

Others see things differently.

"It's part of this game to show the voters who put Trump in power that he's doing his daily job to enforce immigration," said Joseph, of the American Immigration Lawyers Association. "You create fear and panic in communities that there's a bunch of illegal alien drivers on the roads."

Continue Reading...

Popular

IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans, Rumors of $2,000 August Payout Debunked — Plans Late Summer Rollout (UPDATED)

Millions of Americans may be eligible for a $1,390 stimulus check by the U.S. Department of the Treasury and the Internal Revenue Service, as part of a plan aiming to provide financial relief to low and middle-income households.

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Kevin O'Leary Recalls How Cutting Off His Son's Trust Fund Drove Him To Harvard: 'The Dead Bird Under The Nest Never Learns To Fly'

Kevin O'Leary revealed that cutting off his son's trust fund after high school and insisting on self-reliance motivated him to earn a spot at Harvard, emphasizing that entitlement ruins ambition.

Billionaire Investor Buys Google And This Gold Miner Stock

John Paulson's hedge fund discloses the purchase of 9,000 shares of Alphabet.

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

On Aug 31, the U.S. runs out of "extraordinary measures" to avoid default. Insiders are moving into crisis-proof assets-while everyday Americans risk losing big. The FREE Mar-A-Lago Accord reveals where they're hiding wealth, how the Fed's response could crush the dollar, and 3 urgent moves to make now.

Palantir CEO Alex Karp Dumps $63 Million In Stock As PLTR Surges 111% This Year

Palantir CEO Alex Karp sold $62.7 million in stock amid rising valuation concerns and insider selling pressure, even as the stock remains up 397% year-over-year.

Unusual Machines Seen As Key Winner From America's Push To Cut China Out Of Drone Supply Chain

Unusual Machines (UMAC) is positioned to benefit from the US shift away from Chinese parts as demand for drones increases in the next 2 years.

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

AeroVironment Set For Growth As Drones Take Center Stage In Defense

Needham analyst initiates AeroVironment at Buy with a $300 target, citing drone market growth, BlueHalo deal and rising defense share.

Cathie Wood's Thursday Bet: ARK Just Bought $31 Million Worth Of Falling Deere Stock, Also Loads Up On Block, Robinhood Shares

Ark Invest, led by Cathie Wood, made significant trades on Thursday — focusing on Deere & Co. (NYSE:DE), Block Inc. (NYSE:XYZ) and Robinhood Markets Inc. (NASDAQ:

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

Hijacked satellites and orbiting space weapons: In the 21st century, space is the new battlefield

WASHINGTON (AP) — As Russia held its this year, hackers backing the Kremlin hijacked an orbiting satellite that provides television service to Ukraine.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

BWX Technologies Rides US Push For Military And Space Nuclear Power To New Highs

BWX Technologies (BWXT) is experiencing a surge in demand for naval nuclear power and next-generation reactors, with a record backlog of $6 billion and growth potential in defense, energy, and space markets.

Microsoft reviewing Israeli military's use of its tech amid worker protests

REDMOND, Wash. (AP) — Worker-led protests erupted at Microsoft headquarters this week as the tech company promises an “urgent” review of the Israeli military's use of its technology during the .

If You Missed Tesla, Here's Your "Second Chance"... - Ad

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Trump's Moves Push Intel To Strongest Week In 25 Years

Intel stock heads for its best week since January 2000 driven by vocal support from President Donald Trump. 

$7K worth of Labubu dolls stolen from Los Angeles store, authorities say

LOS ANGELES (AP) — A group of masked thieves stole about $7,000 worth of Labubu dolls from a Los Angeles-area store earlier this week, authorities said.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

Does Paris have too many tourists? A European crisis comes to Montmartre

PARIS (AP) — When Olivier Baroin moved into an apartment in Montmartre about 15 years ago, it felt like he was living in a village in the heart of Paris. Not anymore.

Ukraine's $150 Billion Commitment To Buy US Weapons Could Hand RTX, Lockheed And Northrop Billions

Ukraine is reportedly promising to buy $100 billion worth of American weapons, financed by Europe, in return for a security guarantee by the U.S.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Baidu's AI Cloud, Robotaxi Push Gain Speed Even As Ad Business Slows: Analyst

Baidu faces challenges in shifting tech landscape. Analyst maintains Buy with lowered price forecast, citing ad weakness and AI investment.

How 433 Investors Unlocked 400X Return Potential - Ad

VCs back startups for outsized gains. Regular investors wait. But rule changes fixed that. Take Revolut. In 2016, 433 people averaged a $2,370 stake. Today? It's worth $1M+, up 89,900%. No wonder 10K+ people and the VCs behind Uber and eBay took the chance on Pacaso's $1.3T market disruption.

'Make Cracker Barrel Great Again': Donald Trump, Republican Party Weigh In On Restaurant Logo Rebrand

A logo rebrand by Cracker Barrel may divide the nation with conservatives ready to boycott the restaurant. President Trump shares his advice.

Here's How A $13 GameStop Purchase Turned Into a $115,000 Bitcoin Jackpot

A GameStop customer has struck gold, discovering a Bitcoin (CRYPTO: BTC) worth approximately $115,000 in a $13 pack of Cardsmith’s Currency trading cards.

Warren Buffett Issues Cryptic Warning on U.S. Dollar - Ad

The world's wealthiest individuals are making huge moves with their money. Warren Buffett just liquidated billions of shares. Bill Gates sold 500,000 shares of Microsoft. Jeff Bezos filed to sell Amazon shares worth $4.8 billion. What is going on? One multi-millionaire believes they are preparing for a catastrophic event. But not a crash, bank run, or recession. It's something we haven't see in America for more than a century.

Leaked Memo Points to $100 Trillion Wealth Transfer Starting Soon - Ad

The U.S. Department of the Interior's internal memo has leaked ... and the contents are shocking. A federally backed resource monetization plan may soon go live, and it could trigger a new gold rush into select energy and mineral stocks. Investing legend Whitney Tilson breaks it all down inside.

Trump Admin Moves To 'Prevent Benefits' Of Some Student Borrowers Under Bush Jr-Era Loan Forgiveness Program, Advocates Sound Warning

Trump admin aims to limit PSLF benefits for workers at organizations deemed to have substantial illegal purpose by disqualifying employers for 10 years under a vague standard, sparking concerns about politicization and uncertainty for public service workers.

McDonald's Japan's Pokemon card Happy Meals promotion comes to an unhappy end

TOKYO (AP) — Fast-food chain McDonald’s Japan has canceled a Happy Meal campaign that came with coveted Pokemon cards, apologizing after resellers rushed to buy the meals and then discarded the food, leaving trash outside stores.

Will Your Savings Survive the August 31st Debt Ceiling Crisis? - Ad

On Aug 31, the U.S. runs out of "extraordinary measures" to avoid default. Insiders are moving into crisis-proof assets-while everyday Americans risk losing big. The FREE Mar-A-Lago Accord reveals where they're hiding wealth, how the Fed's response could crush the dollar, and 3 urgent moves to make now.

Jensen Huang Hints At A 'New Brain' And A Monday Reveal: What's Nvidia Got In Store For This Robot?

Nvidia CEO Jensen Huang teased a robotics announcement framed as giving robots a "new brain," with details expected Aug. 25 after the company wrapped up a week celebrating 2 million developers and showcasing AI-powered robotics innovations.

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

Peter Thiel-Backed Bullish Shoots Up 11% After-Hours Following Blockbuster IPO

Shares of cryptocurrency exchange Bullish soared over 11% in Wednesday's after-hours trading following the company's successful Wall Street debut.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service