Tech investor mocks Vance’s call to hire Americans as 'DEI', gets blasted by Trump officials in H-1B firestorm

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Dagen McDowell reveals the Trump administration's proposal of a new $103,000 fee for H-1B visa petitions. Vice President JD Vance supports the policy, stating that if an American corporation needs workers, it should hire and train Americans. Ankit Gupta, a general partner at the influential Silicon Valley startup accelerator Y Combinator, drew criticism from Trump administration officials after mocking Vice President JD Vance’s call to prioritize American workers over hiring cheaper foreign labor. The controversy began after the Trump administration proposed a $103,265 fee for many new H-1B visa petitions. As it stands, the H-1B visa program allows U.S. companies to hire foreign workers for specialty occupations and is overwhelmingly used by the tech industry. However, it has long been controversial among some conservatives who say it is abused by te