Biden to Let Trump's H1-B Visa Ban Expire in Win for Tech [View all]

[DonViejo]

Source: Bloomberg


By Jordan Fabian and Genevieve Douglas

March 30, 2021, 6:19 PM EDT Updated on March 31, 2021, 2:41 AM EDT

Guest-worker restrictions imposed in June, expire on Wednesday

Business groups pressured administration to lift visa ban

President Joe Biden plans to allow a pandemic-related ban on visas for certain temporary workers, enacted by former President Donald Trump, to expire Wednesday, according to people familiar with the matter.

The moratorium, which affected H-1B visas used by technology companies to hire foreign coders and engineers, was imposed last June. Biden is opting not to renew it, said the people, who asked not to be identified because the decision hasn’t been announced. The White House declined to comment.

Biden’s decision will please business groups from Silicon Valley giants to India’s IT services leaders, which had pressured the administration to lift the ban ever since the new president took office. Executives have grown frustrated that the directive was not immediately revoked, arguing it hurt U.S. companies.

American tech firms, from Facebook Inc. to Google, rely on foreign talent to shore up domestic workforces. Infosys Ltd. and Tata Consultancy Services Ltd. traditionally dispatch Indian software engineers to work in tandem with their American clients, which include some of the largest Wall Street banks and technology corporations. It remains unclear whether Biden will ease visa restrictions in general, reversing curbs imposed by the former Trump administration.

Read more: https://www.bloomberg.com/news/articles/2021-03-30/biden-to-let-trump-s-h1-b-visa-ban-expire-in-win-for-tech-firms