09:15
U.S. to import millions of eggs from Türkiye and South Korea
The Trump administration is turning to foreign egg suppliers to ease shortages caused by a devastating bird flu outbreak.
Trump floats $5 million 'gold card' as a route to US citizenship
Reuters
U.S. President Donald Trump on Tuesday floated the idea of replacing a visa program for foreign investors with a so-called "gold card" that could be bought for $5 million as a route to American citizenship.
Trump told reporters he will replace the "EB-5" immigrant investor visa program, which allows foreign investors of large sums of money that create or preserve U.S. jobs to become permanent residents, with a so-called "gold card."
The EB-5 program grants "green cards" to foreigners promising to invest in U.S. businesses.
"We are going to be selling a gold card," Trump said. "We are going to be putting a price on that card of about $5 million," he added.
"It's going to give you green card privileges plus its going to be a route to (American) citizenship, and wealthy people would be coming into our country by buying this card," Trump said, adding that details about the scheme will come out in two weeks.
Trump added it is possible Russian oligarchs could qualify for the gold cards, when asked by a journalist if those people would be eligible. "Yeah, possibly. Hey. I know some Russian oligarchs that are very nice people," he said.
The EB-5 Immigrant Investor Program, administered by the U.S. Citizenship and Immigration Services, was created by Congress in 1990 to "stimulate the U.S. economy through job creation and capital investment by foreign investors," according to the USCIS website.
"The EB-5 program ... it was full of nonsense, make believe and fraud, and it was a way to get a green card that was low price. So the president said, rather than having this sort of ridiculous EB-5 program, we're going to end the EB-5 program. We're going to replace it with the Trump gold card," Commerce Secretary Howard Lutnick told reporters on Tuesday.
05:06
U.S. to Revoke Legal Status for Over 500,000 Migrants from Four Nations
Hundreds of thousands of migrants from Cuba, Haiti, Nicaragua, and Venezuela face possible deportation next month as the U.S. moves to revoke their legal protections.
11:32
Washington set to hold separate talks with Russia and Ukraine in Riyadh
Ukraine will send a delegation to Riyadh on the same day the U.S. is holding ceasefire negotiations there with a Russian delegation. President Vladimir Putin's foreign policy aide, Yuri Ushakov, confirmed that the U.S.-Russia talks are scheduled for Monday in Riyadh.
06:09
Trump Moves to Dismantle U.S. Education Department
U.S. President Donald Trump has signed an executive order to begin dismantling the Department of Education, calling it a cost-saving move to raise U.S. academic standards.
12:46
Jeddah hosts next round of talks between USA and Russia
This Sunday, March 23, negotiations will take place between the US and Russia regarding the details of a ceasefire in Ukraine.
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