Try GOLD - Free
H-1B Visa Flip-Flop
Financial Express Kochi
|January 03, 2025
Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future
-
After the initial championing of the H-1B visa program by US President-elect Donald Trump and tech magnate Elon Musk, there has been some dialing down of support for the scheme. In an interview with the New York Post, Trump had described the program as "a great system," saying he was a believer in H-1B and highlighted its role in filling critical gaps in the US workforce.
However, within days of this endorsement, the backlash from Make America Great Again (MAGA) hardliners has seen some backpedaling, with Musk claiming the program is "broken and needs reform," though he isn't abandoning it just yet. Instead, he has suggested the program be fixed by hiking the minimum salary under the scheme and an annual fee be charged for visa maintenance. The all-round confusion makes it clear that we have not heard the last on the issue.
This story is from the January 03, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
ICICI Pru AMC issue booked 72% on first day
THE INITIAL PUBLIC offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.
1 min
December 13, 2025
Financial Express Kochi
Rupee hits fresh closing low, drift may continue
It touched 90.56 against the dollar intra day
1 mins
December 13, 2025
Financial Express Kochi
Vinesh returns to the mat, eyes medal at 2028 Games
STAR WRESTLER VINESH PHOGAT on Friday announced that she would be coming out of retirement to take another shot at an elusive Olympic medal at the 2028 Los Angeles Games as the “the fire never left” her and was merely buried under “exhaustion and noise”.
1 mins
December 13, 2025
Financial Express Kochi
Govt allows coal linkage auction for all end uses
Exports of the fuel allowed for the first time
1 mins
December 13, 2025
Financial Express Kochi
SBI reduces lending rates after RBI rate cut
STATE BANK OF India (SBI) on Friday revised its lending rates following the Reserve Bank of India’s latest 25-bps reduction in the repo rate.
1 min
December 13, 2025
Financial Express Kochi
Guaranteed rural job days to be hiked
IN ITS REPORT, tabled in March 2025, the parliamentary standing committee on rural development and panchayati raj had advocated increasing guaranteed workdays from 100 to 150 and raising wages to at least 400 per day.
1 min
December 13, 2025
Financial Express Kochi
Top-10 stocks will start to outperform: DSP Netra
THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.
1 mins
December 13, 2025
Financial Express Kochi
NTPC to float bids for nuclear reactors
FROM THE FRONT PAGE
2 mins
December 13, 2025
Financial Express Kochi
Govt speeds up visa for Chinese professionals
• Processing time less than 1 month now; China sees ‘positive action’
1 min
December 13, 2025
Financial Express Kochi
Credit growth at 1-year high
BANK CREDIT GROWTH touched 11.53% for the fortnight ended November 28, 2025, marking the strongest lending momentum in 12 months, reports Mahesh Nayak.
1 min
December 13, 2025
Listen
Translate
Change font size