Enhancing Program Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
Executive orderRegulation tightenedSigned 09/18Federal Register 09/23Executive Order 14431Open the original
Summary
President Trump directs tighter interagency coordination in H-1B processing and tells agencies to consider whether sponsoring employers carried out layoffs within the previous year or plan future layoffs. The Labor Department must begin reviewing previously submitted labor condition application data within 30 days, and certain authority is delegated to State, Commerce, Labor, and Homeland Security.
By industry
- Immigration & Border1 trading day−1.1%p15 stocks5 trading days−2.1%p15 stocks
“Administration of the H-1B Nonimmigrant Visa Program”
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% |
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 08/24
