DHS/OBAMA/TRUMP AS PRESIDENT: “The Trump administration moved on Friday [5-25-18] to end a program that aimed to attract foreign entrepreneurs to the United States, saying the Obama-era effort did not adequately protect American workers and was an inappropriate use of government authority. The Department of Homeland Security’s formal proposal to rescind the international entrepreneur rule, which is set to be published in the Federal Register next week, was widely expected given the administration had stated its intent to do so last year. The program would have allowed foreign entrepreneurs to stay in the United States for up to five years to manage and grow start-up businesses. DHS said in a filing on Friday that the program represented an ‘extraordinary use’ of the agency’s discretionary authority, that it ‘does not adequately protect U.S. investors and U.S. workers,’ and that Congress was better placed to create a special visa for entrepreneurs.”
-Yeganeh Torbati, “U.S. proposes scrapping program aimed at attracting foreign entrepreneurs,” Reuters, May 25, 2018 11:53 am