President Donald Trump’s deputies have launched a fundamental reform of the H-1B visa system to protect American graduates from outsourcing — despite furious opposition from donors and leaders from Silicon Valley, Fortune 500 companies, and coastal investors.
The reform will end the annual award of 85,000 H-1B visas by lottery, which has been gamed by companies to import foreign workers at wages far below the salaries needed by American professionals. Instead, the visas will be offered to the companies that compete to offer the highest salaries, preventing employers from undercutting American graduates.-- More...
