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Biden Lets Trump's H-1B Visa Ban Expire in Win for Tech

U.S. President Joe Biden

Credit: Bloomberg

President Joe Biden allowed a pandemic-related ban on visas for certain temporary workers, enacted by former President Donald Trump, to expire Wednesday, according to people familiar with the matter.

The moratorium, which affected H-1B visas used by technology companies to hire foreign coders and engineers, was imposed last June.

Biden's decision will please business groups from Silicon Valley giants to India's IT services leaders. American tech firms rely on foreign talent to shore up domestic workforces. India's IT firms traditionally dispatch Indian software engineers to work at American clients, which include some of the largest Wall Street banks and technology corporations.

From Bloomberg
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