The President of the United States has issued a memorandum to extend and expand the Deferred Enforced Departure (DED) for certain residents of Hong Kong living in the U.S. This decision comes in response to actions by China, which have undermined human rights and freedoms in Hong Kong. The memorandum allows eligible Hong Kong residents to stay in the U.S. for an additional 24 months and provides them with the opportunity to work. The memorandum excludes those who pose security concerns, have committed certain crimes, or recently returned to Hong Kong or China.
Simple Explanation
The President decided to let some people from Hong Kong stay in the U.S. for longer because things aren't safe for them back home. They'll also be able to work, but people who might be dangerous or have done bad things can't stay.