Trump Administration Officially Delays 'Startup Visa' Rule (sfchronicle.com)

Posted by msmash on Monday July 10, 2017 @05:20AM from the tussle-continues dept.

Trisha Thadani, reporting for SFChronicle: The Trump administration has officially delayed a rule that would allow some foreign entrepreneurs to stay in the U.S. and build their companies. During this delay, the administration will propose a plan to rescind the rule all together, according to a Federal Register notice that will be published Tuesday. This official notice, which will be published in the Federal Register Tuesday, comes exactly one week before the rule was slated to go into effect. It will be delayed until March 14. The International Entrepreneur Rule, is the closest the United States has come to the "startup visa" Silicon Valley has long sought, was approved by the Department of Homeland Security in January during President Barack Obama's waning hours in office.

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In other words... by Trailer+Trash · 2017-07-10 05:30 · Score: 5, Insightful

was approved by the Department of Homeland Security in January during President Barack Obama's waning hours in office
In other words, it's another one of these policies that is so utterly important to our country that Barack Obama waited until he was 7.95 years through his 8 year term to enact it, and then post-dated it to go into effect during Trump's presidency. Obviously it wasn't a big deal for Obama.

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Do you have ESP?
1. Re: In other words... by Topwiz · 2017-07-10 05:55 · Score: 5, Insightful
  
  In some cases it is merely a way for rich foreigners to purchase permanent residency, the so called 'green card' which are actually pink nowadays. There was a recent case in Vermont of an EB-5 scam. The now former Governor and current US Senator Leahy met with the 'investor' but whether they knew it was a scam before it came out in the press is unknown.