By News Room
Published:
When President Donald Trump announced plans last week to introduce a “gold card” that wealthy investors who want to be U.S. citizens can buy for $5 million, he also said he would scrap a different 35-year-old investor immigration program.
Commerce Secretary Howard Lutnick described that existing program—known as EB-5—as “poorly overseen, poorly executed,” during Trump’s first cabinet meeting on Feb. 26.
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