• In a significant policy shift, President Trump has enacted a proclamation mandating a $100,000 fee for new H-1B visa applications, a stark increase from the previous $215 registration cost.
  • This move directly impacts the immigration pathway for skilled workers, which has historically fueled innovation in Silicon Valley, producing giants like Elon Musk and Instagram.
  • Critics argue that this change could stifle growth and limit the influx of talent essential for the tech industry’s future.

Source: techcrunch.com