News Summary

• A few weeks ago, President Trump announced the application fee for an H-1B visa would increase to $100,000.
• The price tag sent shock waves through the tech ecosystem, which heavily utilizes the visa to bring talent in from other countries.
• On this week’s Equity, we sat down with Jeremy Neufeld, the director of immigration policy at the Institute for Progress, to talk about the visa changes.
• He said the intention of the visa change makes sense, but the implementation of it has “left a lot to be desired”