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The Economic Times
The Economic Times

Trump plans to honor Microsoft's CEO after Vance drops an H-1B visa hammer on the company

President Donald Trump planned to celebrate tech billionaires such as Microsoft CEO Satya Nadella on Thursday, only to get upstaged hours before the event when Vice President JD Vance announced that Microsoft was being suspended from a program that allows companies to apply for green cards for skilled foreign workers with H-1B visas.

The crackdown on Microsoft came under Vance's purview as the head of a fraud task force, but the targeting revealed the tension between the companies powering U.S. economic growth and the administration's efforts to reduce immigration that it says has come at the expense of American workers.

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