CNBC: Tensions rising in Silicon Valley over Trump’s immigration crackdown
Date: July 5, 2017
Tension over immigration reform is rising in Silicon Valley. The Supreme Court agreed Monday to let President Donald Trump’s immigration travel ban go into effect for some travelers, reversing the actions of lower federal courts that put the controversial policy on hold. The court agreed to hear the case involving travelers from six Muslim-majority countries and all refugees in the fall, leaving open the chance it could reverse the verdict if challengers can prove it is illegal or unconstitutional.
This is the latest development on immigration policy that some technology companies are concerned about. Another big issue that could deliver a blow to Silicon Valley is the report last week that the Trump administration is reviewing and may scrap the new “start-up visa,” which had been set to go into effect in July. The news leaked out just days after Apple CEO Tim Cook warned Trump at a White House tech CEO meeting that tech employees are “nervous” about his administration’s approach to immigration.
The “start-up visa” proposed by President Obama last August grants foreign entrepreneurs starting businesses in the United States to gain temporary permission to be in the country and receive investment capital from certain qualified U.S. investors.
Read the full article from CNBC: “Tensions rising in Silicon Valley over Trump’s immigration crackdown”