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Fortune
Fortune
Sasha Rogelberg

‘I would beg the president’: Jamie Dimon, one of Wall Street’s top H-1B visa users, predicts ‘pushback’ because big employers need top expertise

Jamie Dimon, sitting on stage, gestures with one hand as he speaks. (Credit: Al Drago—Bloomberg/Getty Images)

JPMorgan Chase CEO Jamie Dimon isn’t completely sold on President Donald Trump’s move to impose hurdles on skilled foreign workers entering the U.S.

Trump announced in a proclamation a $100,000 fee for H-1B visas, which let U.S. employers temporarily hire non-U.S. workers, typically for specialized tech-sector jobs. The fresh six-figure, one-time fee will apply to new visas, not those with existing or renewed visas.

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