‘I would beg the president’: Jamie Dimon, one of Wall Street’s top H-1B visa users, predicts ‘pushback’ because big employers need top expertise

FortuneWednesday, September 24, 2025 at 4:49:25 PM
‘I would beg the president’: Jamie Dimon, one of Wall Street’s top H-1B visa users, predicts ‘pushback’ because big employers need top expertise
Jamie Dimon, a prominent figure on Wall Street, has raised concerns about the potential impact of President Trump's proposed $100,000 fee on H-1B visas. He predicts that this could lead to significant pushback from big employers who rely on these visas to access top talent. JPMorgan's economists estimate that the fee could result in a loss of up to 5,500 work authorizations each month, which could have serious implications for the U.S. labor market and its ability to attract skilled workers. This situation highlights the ongoing debate over immigration policy and its effects on the economy.
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