Dimon Says Trump’s New H-1B Visa Fee ‘Caught Everyone Off Guard’

Group 1 - JPMorgan Chase & Co. CEO Jamie Dimon expressed concerns over President Trump's new $100,000 fee on H-1B visas, indicating that it has left companies, including JPMorgan, struggling to assess the potential impact [1][2] - The new fee, imposed on new H-1B petitions, has caused confusion and panic among employers and workers, prompting major technology firms like Microsoft, Amazon, and Alphabet to advise employees against foreign travel [1][2] - JPMorgan is one of the top 10 companies in the US sponsoring H-1B visas, with 2,440 employees holding such visas, highlighting the significance of the H-1B program for the company [3] Group 2 - Dimon anticipates "some push-back" against the new visa fee, emphasizing the need for the US to remain an attractive destination for global talent while balancing border control [3]