The National Venture Capital Association Sues Trump Administration Over Immigration Rule



The National Venture Capital Association Sues Trump Administration Over Immigration Rule



WASHINGTON, DC - The National Venture Capital Association, which represents hundreds of top VC firms, along with other plaintiffs, filed a legal complaint against the Trump Administration on Tuesday, according to the Wall Street Journal. The claim states that the Department of Homeland Security did not follow mandatory administrative procedures as it delayed the beginning of the International Entrepreneur Rule, a bipartisan Obama-era rule which would have let foreign entrepreneurs apply to work in the U.S. if their startup raised $250,000 from U.S. investors, or showed other evidence of rapid growth.

President Donald Trump

On July 10, the Trump Administration said that it would postpone the start of the program by eight months, a period in which the department would obtain public comment. In the complaint, the plaintiffs argue that the Department of Homeland Security violated the Administrative Procedure Act by failing to solicit public comments before making the decision to delay the rule.

In the suit, the group hopes to reverse the decision to delay the rule and allow entrepreneurs who qualified for the International Entrepreneur Rule to start applying for temporary work status. According to the source, the move “reflects a widening rift between many technology-industry leaders and the Trump administration on immigration and other issues.”

In defense of its actions, the agency said that “it planned to rescind the rule in part because managing a foreign-entrepreneur program would take up resources it needs to carry out its existing immigration programs.”

The White House

This action comes on the heels of backlash from across industries, including from tech investors, regarding President Trump’s Deferred Action for Child Arrivals ruling. According to the source, tech investors say immigrants are valuable contributors to the U.S. economy and have founded dozens of large companies that employ many American workers.

How will these, and other important immigration rules, impact the produce industry? Stay tuned to AndNowUKnow as we continue to report.