BUSINESS/ECONOMY/IMMIGRATION/TRUMP AS PRESIDENT: “A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration’s immigration policy and said the rules increase uncertainty and undermine economic growth. In the letter signed by 59 CEOs including Tim Cook of Apple Inc (AAPL.O), JPMorgan Chase & Co’s (JPM.N) Jamie Dimon and Doug Parker of American Airlines (AAL.O), the executives said that many of their employees were now facing uncertainty due to issues such as ‘inconsistent immigration decisions’ that would likely curtail work permits for spouses of skilled immigrants. The CEOs are a part of the Business Roundtable, which is a lobbying group and is currently chaired by Dimon. While Business Roundtable has been discussing immigration policy for years, the letter was prompted by specific recent regulatory actions taken by U.S. Citizenship and Immigration Services, which is soon expected to revoke work authorization eligibility for spouses…The government should not change the rules in the middle of the process as it could result in unnecessary costs and complications, the executives said in a letter to the Homeland Security Secretary Kirstjen Nielsen. Nielsen, a Trump appointee, told reporters at a White House briefing on Thursday [8-23-18] that the administration was only strictly enforcing the law.”
–Reuters Staff, “U.S. CEOs warn of harm from Trump administration’s immigration policy,” Reuters, August 23, 2018 3:09 pm