Close Menu
Money MechanicsMoney Mechanics
    What's Hot

    Some iPhone Owners Could Get an Apple AI Settlement Payout. Do You Qualify?

    May 13, 2026

    Will Your Retirement Plan Collapse Under These 5 Stresses?

    May 13, 2026

    Our New Health Plan Offers an HSA. Is the Triple Tax Benefit Worth the Hassle?

    May 13, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Some iPhone Owners Could Get an Apple AI Settlement Payout. Do You Qualify?
    • Will Your Retirement Plan Collapse Under These 5 Stresses?
    • Our New Health Plan Offers an HSA. Is the Triple Tax Benefit Worth the Hassle?
    • 5 Ways the OBBBA Rewards the Midwestern Millionaire
    • BofA drops blunt warning about Fed rate cuts
    • American Coastal lifting top of reinsurance tower to $1.6bn, adds more aggregate cover: CEO
    • Inflation Guy’s CPI Summary (April 2026)
    • Fed in Wait-and-See Mode on Hot Inflation Report; Mortgage Rates to Track Oil Prices, Mideast Talks
    Facebook X (Twitter) Instagram
    Money MechanicsMoney Mechanics
    • Home
    • Markets
      • Stocks
      • Crypto
      • Bonds
      • Commodities
    • Economy
      • Fed & Rates
      • Housing & Jobs
      • Inflation
    • Earnings
      • Banks
      • Energy
      • Healthcare
      • IPOs
      • Tech
    • Investing
      • ETFs
      • Long-Term
      • Options
    • Finance
      • Budgeting
      • Credit & Debt
      • Real Estate
      • Retirement
      • Taxes
    • Opinion
    • Guides
    • Tools
    • Resources
    Money MechanicsMoney Mechanics
    Home»Economy & Policy»Housing & Jobs»U.S. has to stop taking in ‘below-average’ immigrants that won’t help economy
    Housing & Jobs

    U.S. has to stop taking in ‘below-average’ immigrants that won’t help economy

    Money MechanicsBy Money MechanicsDecember 27, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    U.S. has to stop taking in ‘below-average’ immigrants that won’t help economy
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Commerce Sec. Lutnick: America has to stop taking 'below-average' immigrants that won't help economy

    Commerce Secretary Howard Lutnick said Thursday that the U.S. should focus on bringing in immigrants that help grow the economy as the White House rolls out its long-awaited “gold card” visa.

    “We’re the only great country that lets other people just come in without vetting them and deciding whether they’re really going to help the economy of America,” Lutnick said Thursday on CNBC’s “Squawk Box.”

    “Let’s bring in the top of the best,” he said. “Let’s help them grow America and build America. Why should we take people who are below average? It just doesn’t make any sense.”

    Lutnick said the “average green-card holder” in the U.S. earns “one-third less than the average American.”

    His comments come as President Donald Trump officially launched his gold card visa. The program, which had its price reduced from $5 million to $1 million, offers a path to citizenship and has garnered high interest from rich foreigners.

    Trump’s administration has made the crackdown on immigration a centerpiece of his return to the White House. Trump said in September he would slap a $100,000 fee on new H-1B visa applications, a popular avenue for technology companies to bring in skilled workers from abroad.

    Lutnick said an immigrant’s willingness to shell out the $1 million can “prove” they are worthy of having an expedited application.

    “We should be bringing in the best and the brightest,” Lutnick said. “That’s what Donald Trump is changing about our immigration system.”

    Get Morning Squawk directly to your inbox



    Source link

    Breaking News: Economy Breaking News: Investing Breaking News: Markets Breaking News: Politics business news Donald J. Trump Donald Trump Economy Howard Lutnick Investment strategy markets Politics Stock markets United States
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBad Wi-Fi at home? Try my 10 go-to ways to fix your internet this weekend
    Next Article Brent Holds the Low $60s as Risk Headlines Clash With a Bearish 2026 Outlook
    Money Mechanics
    • Website

    Related Posts

    Fed in Wait-and-See Mode on Hot Inflation Report; Mortgage Rates to Track Oil Prices, Mideast Talks

    May 13, 2026

    Zohran Mamdani’s pied-à-terre property tax is a ‘go.’ Will it work?

    May 13, 2026

    The world holds its breath as Trump-Xi summit approaches

    May 12, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Some iPhone Owners Could Get an Apple AI Settlement Payout. Do You Qualify?

    May 13, 2026

    Will Your Retirement Plan Collapse Under These 5 Stresses?

    May 13, 2026

    Our New Health Plan Offers an HSA. Is the Triple Tax Benefit Worth the Hassle?

    May 13, 2026

    5 Ways the OBBBA Rewards the Midwestern Millionaire

    May 13, 2026

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading

    At Money Mechanics, we believe money shouldn’t be confusing. It should be empowering. Whether you’re buried in debt, cautious about investing, or simply overwhelmed by financial jargon—we’re here to guide you every step of the way.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Links
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Resources
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To
    Get Informed

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading
    Copyright© 2025 TheMoneyMechanics All Rights Reserved.
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To

    Type above and press Enter to search. Press Esc to cancel.