Skip to main content
See every side of every news story
Published loading...Updated

Gov. Walz Proposes $10M Relief Package for Businesses Impacted by ICE

The $10 million fund will provide forgivable loans to immigrant-owned small businesses harmed by federal immigration enforcement, Gov. Walz announced Thursday.

  • On Thursday, Governor Tim Walz said he will back a $10 million emergency fund offering forgivable loans to aid Minnesota immigrant-owned businesses hurt by the federal immigration surge.
  • Many customers and workers reported avoiding stores during Operation Metro Surge, with Minneapolis small businesses losing up to $20 million weekly, officials said.
  • DEED would route funding through non-profit partners to issue loans, ranging from $2,500 to $25,000, to Minnesota small businesses with $200,000 to $4 million in revenue, over three years.
  • Several Republicans took to X to slam the proposal, with House Majority Whip Tom Emmer writing, `BREAKING: Tim Walz opens up a new avenue for fraud in Minnesota,` as critics warned taxpayers would bear losses.
  • It will be interesting to see whether the plan goes ahead in the near future, as a number of prosecutors from the U.S. Attorney's Office have resigned in recent weeks, and MDH reports 13 confirmed and 27 suspected TMVII cases in the Twin Cities.
Insights by Ground AI

10 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Business Journals broke the news in United States on Thursday, February 12, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal