Event: BLOOMBERG

Companies would have to pay roughly $103,000 for each candidate they sponsor for a visa under a new H-1B program for foreign-born professionals, according to the regulatory proposal announced Monday. | BLOOMBERG A federal court struck down an attempt by U.S. President Donald Trump’s administration to put a $100,000 fee on visas for some highly skilled foreign workers in June.Now the administration is trying again — this time through a regulatory process that proposes a broader levy to help finance its wide-ranging immigration crackdown.Companies would pay roughly $103,000 for each candidate they sponsor for a visa under the H-1B program for foreign-born professionals, according to the regulatory proposal announced Monday. Unlike the earlier initiative, it would apply to almost anyone getting a new visa, not just those who are outside the country. In a time of both misinformation and too much information, quality journalism is more crucial than ever.By subscribing, you can help us get the story right. SUBSCRIBE NOW