The post America has to stop taking in ‘below-average’ immigrants that won’t help economy appeared on BitcoinEthereumNews.com. Commerce Secretary Howard LutnickThe post America has to stop taking in ‘below-average’ immigrants that won’t help economy appeared on BitcoinEthereumNews.com. Commerce Secretary Howard Lutnick

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

2025/12/11 21:51

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: https://www.cnbc.com/2025/12/11/lutnick-economy-gold-card-trump.html

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48