Technology9/22/2025•Bloomberg
Trump's $100K Visa Move Threw Us, Says Cathie Wood
The article discusses President Donald Trump's latest move to overhaul the U.S. legal migration system. Trump has introduced a $100,000 application fee for the H-1B visa program, which is widely used by large American companies to bring in skilled workers from abroad. This significant increase in the cost of these visas is seen as a step towards favoring the wealthiest of the world's prospective expat workers. Cathie Wood, the CEO and Founder of Ark Invest, has commented on this news, as well as other trends driving the markets, during an interview on Bloomberg Radio.
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