Monday, March 17, 2025 | 06:53 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Foreign entrepreneurs good for US; but why is Homeland Security against?

The Department of Homeland Security (DHS) just proposed to scrap the International Entrepreneur Rule, a late-Obama program intended to lure the world's most promising entrepreneurs to create companie

Workers build the roof of a single axel towable Pioneer traditional recreational vehicle at the Thor Industries Heartland RV Assembly Plant in Elkhart, Indiana. (Photo: Reuters)
Premium

Workers build the roof of a single axel towable Pioneer traditional recreational vehicle at the Thor Industries Heartland RV Assembly Plant in Elkhart, Indiana. (Photo: Reuters)

Bloomberg
Theoretically, the Trump administration’s immigration policy is based on two core principles: upholding the rule of law and promoting a “merit-based” system that’s good for the economy.

So why has the Department of Homeland Security (DHS) just proposed to scrap the International Entrepreneur Rule, a late-Obama program intended to lure the world's most promising entrepreneurs to create companies and jobs in America rather than elsewhere?

The department doesn’t dispute the lawfulness of the program, whose economic benefit is obvious. (Full disclosure: One of us worked for a Republican president and supports this initiative, and the other worked in the Obama White House

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in