Fact Sheet: President Donald J. Trump Further Enhances Program Integrity and Interagency Coordination in the H-1B Visa Program
Fact sheetRegulation tightenedPublished 09/18Open the original
Summary
President Trump signs an executive order and a proclamation on the H-1B program: the order directs the Secretaries of State, Labor and Homeland Security to weigh employers' recent or planned layoffs when reviewing H-1B applications, and the proclamation renews the $100,000 fee first imposed on September 19, 2025.
By industry
- Immigration & Border1 trading day−1.1%p15 stocks5 trading days−2.1%p15 stocks
“directing enhanced scrutiny of H-1B visa applications where there is a heightened risk that American workers would be laid off”
Day by day after the announcement
| Day | Immigration & Border stocks | S&P 500 |
|---|---|---|
| 26/09/17 | 0.0% | 0.0% |
| 26/09/18 | −1.0% | +0.1% |
| 26/09/21 | −0.9% | +1.5% |
| 26/09/22 | −2.6% | +1.4% |
| 26/09/23 | −1.4% | +0.8% |
| 26/09/24 | −1.6% | +0.6% |
| 26/09/25 | −2.1% | +1.2% |
| 26/09/28 | −3.9% | +0.4% |
| 26/09/29 | −3.7% | +0.4% |
| 26/09/30 | −4.2% | +0.3% |
| 26/10/01 | −3.5% | +0.2% |
Korean stocks in these industries
- Hyundai Motor Company 005380
- LG Energy Solution 373220
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- April McClain Delaney
Full saleTeledyne Technologies
Full saleTeledyne Technologies
TDY
$15K–$50K
Dependent child
$15K–$50K
Reported 09/09
Traded 08/25
- April McClain Delaney
Partial saleTeledyne Technologies
Partial saleTeledyne Technologies
TDY
$1K–$15K
Dependent child
$1K–$15K
Reported 09/09
Traded 08/19
- April McClain Delaney
Partial saleTeledyne Technologies
Partial saleTeledyne Technologies
TDY
$1K–$15K
Dependent child
$1K–$15K
Reported 09/09
Traded 08/24
- April McClain Delaney
Partial saleTeledyne Technologies
Partial saleTeledyne Technologies
TDY
$1K–$15K
Dependent child
$1K–$15K
Reported 09/09
Traded 08/20
- April McClain Delaney
Partial saleTeledyne Technologies
Partial saleTeledyne Technologies
TDY
$1K–$15K
Dependent child
$1K–$15K
Reported 09/09
Traded 08/21
- Cole G. Carter
Sell10b5-1 planCoreCivic
Sell10b5-1 planCoreCivic
CXW
$400.3K
12,500 sh
$400.3K
Filed 10/02
Traded 10/01