JPMorgan CEO on H-1B fee hike: ‘Came out of the blue’; calls US an immigrant nation

JPMorgan CEO Jamie Dimon expressed surprise at the sudden H-1B visa fee hike implemented by the Trump administration, emphasizing the visa’s importance for global talent mobility within the bank. Dimon highlighted the US as an immigrant nation, advocating for merit-based immigration and indicating that businesses will engage with the government to address concerns arising from the new fee.