Tag: commerce secretary

(L) President Donald Trump signs executive orders in the Oval Office on January 20, 2025 in Washington, DC. Trump takes office for his second term as the 47th president of the United States. (Photo by Anna Moneymaker/Getty Images) / (R) US President Donald Trump speaks to the press after signing an Executive Order, alongside US Secretary of Commerce nominee Howard Lutnick (R), at the Oval Office of the White House in Washington, DC on February 25, 2025. Trump signed an executive order on price transparency requirements on the health care industry to reinstate and strengthen them. He also signed an order on the supply of copper and foreign copper in the American market, the order charges Lutnick with looking at process to potentially impose tariffs or trade barriers. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Trump And Commerce Secretary Introduce ‘Gold Card’ Initiative For Foreigners: ‘More Effective Version Of EB-5 Visa Program’

President Trump announced that the U.S. could soon begin selling $5 million “gold cards” that provide both green-card residency status and a path to U.S. citizenship to wealthy or skilled foreigners — noting that the program would swiftly reduce the national debt after estimating that one million cards would be sold.

Read More Trump And Commerce Secretary Introduce ‘Gold Card’ Initiative For Foreigners: ‘More Effective Version Of EB-5 Visa Program’