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1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

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Current price of gold as of July 14, 2026
Cuba

U.S. Lawmakers Have Reintroduced a Bill to End Restrictions on Travel to Cuba

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May 25, 2017, 10:30 PM ET
CUBA-TOURISM-MANZANA KEMPINSKI HOTEL
An American vintage car drive near the Manzana Kempinski Hotel, the first luxury five star plus tourist facility in Cuba, on May 22, 2017. / AFP PHOTO / YAMIL LAGE (Photo credit should read YAMIL LAGE/AFP/Getty Images)Yamil Lage—AFP/Getty Images
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A bipartisan group of U.S. senators reintroduced legislation on Thursday to repeal all restrictions on travel to Cuba, this time attracting far more co-sponsors in a sign of growing support for U.S.-Cuban detente even as its future looks uncertain.

The Freedom to Travel to Cuba Act was introduced in 2015 by eight Republican and Democratic co-sponsors but never made it to the floor. The latest measure attracted 55 co-sponsors.

While efforts to ease the decades-old U.S. embargo against Cuba have been gathering strength and 55 votes would be a majority in the 100-member Senate, that number falls short of the 60 needed to advance the legislation. There was no indication the chamber’s Republican leaders would allow the measure to come up for a vote.

Republican President Donald Trump threatened during his 2016 election campaign to reverse a normalization of ties with the Communist-run, Caribbean island initiated in 2014 by Democratic President Barack Obama. Trump’s administration is reviewing U.S. policy toward the country’s former Cold War foe.

Obama eased trade and travel restrictions, fueling a boom in American visits to Cuba, although tourism was still not officially allowed.

For more on Cuba, watch Fortune’s video:

On Wednesday, more than 40 U.S. travel companies and organizations urged Trump not to roll back expanded U.S. travel to Cuba.

“It is Americans who are penalized by our travel ban, not the Cuban government,” said U.S. Republican Senator Jeff Flake, who with Democratic Senator Patrick Leahy led the group that co-sponsored the bill.

Flake added that lifting the ban would give Americans more freedom but also benefit the Cuban people.

“This is certain to have positive benefits for the island’s burgeoning entrepreneurial and private sector.”

The number of U.S. visitors rose 74% last year, boosting business for Cuban hotels, BnBs, restaurants and taxis but also U.S. cruise operators and airlines that entered the market over the past year.

“We applaud Senators Flake and Leahy for their leadership in supporting the American andCuban people by eliminating archaic, outdated policy,” said James Williams, president of the Washington-based Engage Cuba group.

There is still strong congressional opposition to any ending of Cuba‘s isolation, led by anti-Castro Cuban-American lawmakers including Republican Senator Marco Rubio and Democratic Senator Robert Menendez.

They say the United States should not make travel to Cuba easier before the Havana government moves toward democracy.

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