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Trump seeks to change the H-1B visa for skilled workers

Trump aims to reform H-1B visa for skilled workers

The Department of Homeland Security (DHS) is looking to revamp the H-1B visa system to better accommodate highly skilled and well-compensated foreign workers. This proposal was submitted on Tuesday. Under the new plan, the existing lottery system will be replaced with a “numerical cap.” This approach allows employers to focus on hiring higher-skilled workers who […]

Labor Department Initiates ‘Project Firewall’ to Address H-1B Visa Fraud

Labor Department Initiates 'Project Firewall' to Address H-1B Visa Fraud

The Department of Labor (DOL) has initiated an enforcement campaign instructing federal agencies to revise their foreign worker programs based on President Donald Trump’s recent statement, which suggests that these programs might be harming American employees. Known as “Project Firewall,” the initiative was announced last Friday. Labor Secretary Lori Chavez Deremar emphasized that the focus […]

Fold Partners with Stripe and Visa to Introduce First Bitcoin-Only Credit Card

Fold Partners with Stripe and Visa to Introduce First Bitcoin-Only Credit Card

Fold Launches New Bitcoin Rewards Credit Card Fold, a company focused on Bitcoin financial services, has shared some exciting news today. They are teaming up with Stripe and Visa to introduce the Fold Bitcoin Credit Card™. This card aims to help users accumulate Bitcoin simply by making purchases, similar to traditional credit cards. This partnership […]

US futures dip slightly after recent gains; markets seek insight on Trump visa policy

US futures dip slightly after recent gains; markets seek insight on Trump visa policy

US Stock Index Futures Dip Amid Visa Policy Concerns US stock index futures dropped on Monday after Wall Street’s main indexes reached record highs in the prior session. There’s a lot of uncertainty surrounding President Trump’s recent visa policies, which seems to have caught many off guard. The market has taken a pause following a […]

Asian stocks remain cautious following Trump’s visa restrictions.

Asian stocks remain cautious following Trump's visa restrictions.

SINGAPORE (Reuters) – The dollar found some stability on Monday as Asian stocks made minor movements. Traders are reflecting on the potential direction of U.S. monetary policy in light of last week’s interest rate cuts by the Federal Reserve. The recent crackdown on worker visas by the Trump administration has stirred mixed emotions among immigrants. […]

Trump issues order mandating a $100K yearly fee for H-1B visa applications

Trump issues order mandating a $100K yearly fee for H-1B visa applications

Trump Signs New Visa Fee for Foreign Workers President Donald Trump has enacted a significant new requirement involving the fees for skilled foreign workers, introducing a hefty $100,000 annual charge for those applying for H-1B visas. This initiative, aimed at providing temporary access to highly skilled foreign workers—particularly in fields like technology—comes amid concerns that […]

Trump Introduces $1 Million ‘Gold Card’ Visa

Trump Introduces $1 Million 'Gold Card' Visa

On Friday, President Donald Trump issued an executive order introducing a “gold card” visa program. This option allows “extraordinary” foreigners to pay $1 million for expedited immigration into the United States. Trump made the announcement in the Oval Office, flanked by Commerce Secretary Howard Lutnick and White House Secretary Will Scharf. Foreign nationals can either […]

Trump Issues Proclamation Introducing $100k Charge for H-1B Visa Applications, but Experts Worry About Potential Loopholes

Trump Issues Proclamation Introducing $100k Charge for H-1B Visa Applications, but Experts Worry About Potential Loopholes

Trump’s Declaration on H-1B Visa Program President Donald Trump has made a declaration that takes aim at American companies, accusing them of favoring less skilled foreign workers over capable American graduates. He claims this practice undermines both the economy and national security. In his statement regarding the H-1B visa program, Trump pointed out that American […]