‘I would beg the president’: Jamie Dimon, one of Wall Street’s top H-1B visa users, predicts ‘pushback’ because big employers need top expertise

JPMorgan Chase CEO Jamie Dimon isn’t completely sold on President Donald Trump’s move to impose hurdles on skilled foreign workers entering the U.S. Trump announced in a proclamation a $100,000 fee for H-1B visas, which let U.S. employers temporarily hire non-U.S. workers, typically for specialized tech-sector jobs. The fresh six-figure, one-time fee will apply to new visas, not those with existing or renewed visas. Dimon said while he’s in favor of “merit-based immigration,” the move will elicit resistan ...