Wall Street is bracing for the impact of President Trump's H-1B application fee. The $100,000 price tag could upend hiring for technologists and junior bankers. Experts broke down which finance jobs are most at risk and why. President Donald Trump's new H-1B visa policy may hit Big Tech the hardest, but Wall Street is well within the blast zone. Big banks like JPMorgan, Goldman Sachs, and Citi have long used these work visas to hire a range of highly skilled overseas workers, from junior bankers t ...

New $100,000 fee: Employers must pay this one-time fee for each H-1B petition. It's not yet clear if this will replace or be added to existing fees, which already include $215 for the H-1B lottery registration and $780 for the petition filing, along with other charges. Higher wage standards: The DOL will revise wage rules to raise required salaries for H-1B workers, further increasing costs for employers. Increased scrutiny: The administration states these measures are intended to protect U.S. workers and c ...