Goldman President Criticizes Barriers to Migration Amid H-1B Row

Goldman Sachs Group Inc. President John Waldron has criticized the increasing barriers to migration imposed by countries worldwide. This statement comes amid the ongoing debate surrounding the Trump administration's decision to charge $100,000 for a specific type of visa, the H-1B visa, which is widely used by American firms to hire foreign skilled workers. Waldron's comments highlight the concerns of American companies regarding the impact of these policy changes on their ability to attract and retain top global talent. The H-1B visa program has been a crucial tool for US firms to supplement their workforce with skilled foreign professionals, and the increased costs associated with the visa could make it more challenging for them to remain competitive in the global market. The article suggests that Waldron's remarks reflect the broader sentiment within the business community regarding the potential negative consequences of restrictive immigration policies on the US economy and its ability to attract and retain the best global talent.