Trump's Finance Guru Reveals Wild Number of People Seeking ‘Gold Card'
President Donald Trump's commerce secretary has revealed the shocking number of people he claims are attempting to get their hands on one of Trump's $5 million immigration 'gold cards.'
Howard Lutnick appeared in an interview on Fox News alongside Bret Baier on Wednesday night, where the avid Trump supporter described the first Cabinet meeting with President Donald Trump as 'great fun.'
In the exclusive interview on Special Report, Baier asked Lutnick about one of Trump's latest bombshells: a new visa program offering legal status in America—described by Trump as a 'green card, plus'—for the hefty price of $5 million. Trump said the program would be called the 'gold card.'
'It's going to be a route to citizenship, and wealthy people will be coming into our country by buying this card, Trump said Tuesday night as he announced the program. 'They'll be wealthy, and they'll be successful, and they'll be spending a lot of money and paying a lot of taxes.'
Speaking on the 'gold card,' Lutnick claimed applicants would be 'deeply vetted,' explaining the EB-5 Immigrant Investor Program currently offered by the U.S. would be replaced under Trump's 'gold card' program. The EB-5, created in 1990, allows investors, their spouses, and unmarried children under 21 to be eligible for permanent residency if they can 'make the necessary investment in a commercial enterprise in the United States;' and 'plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers,' according to its website.
Lutnick claimed 250,000 people were already waiting in line for access. According to Fox, that would add $1.25 trillion to the United States' vault.
'The president had conversations over the weekend with his friend John Paulson, who came up and said, 'Hey, why aren't we doing better with that?'' Lutnick explained.
'He called me. We talked about it, and I did work over the weekend, and on a Monday, and on Tuesday at a press conference, the president comes out and gives the path.'
Lutnick added those that would be approved will be 'great global citizens who are going to bring entrepreneurial spirit, capacity, and growth to America.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
12 minutes ago
Trump administration hit with second lawsuit over restrictions on asylum access
McALLEN, Texas -- Immigration advocates filed a class action lawsuit Wednesday over the Trump administration's use of a proclamation that effectively put an end to being able to seek asylum at ports of entry to the United States. The civil lawsuit was filed in a Southern California federal court by the Center for Gender & Refugee Studies, the American Immigration Council, Democracy Forward, and the Center for Constitutional Rights. The lawsuit is asking the court to find the proclamation unlawful, set aside the policy ending asylum at ports of entry and restore access to the asylum process at ports of entry, including for those who had appointments that were canceled when President Donald Trump took office. Unlike a similar lawsuit filed in February in a Washington, D.C., federal court representing people who had already reached U.S. soil and sought asylum after crossing between ports of entry, Wednesday's lawsuit focuses on people who are not on U.S. soil and are seeking asylum at ports of entry. No response was immediately issued by the Department of Homeland Security or Customs and Border Protection, which were both among the defendants listed. Trump's sweeping proclamation issued on his first day in office changed asylum policies, effectively ending asylum at the border. The proclamation said the screening process created by Congress under the Immigration and Nationality Act 'can be wholly ineffective in the border environment' and was 'leading to the unauthorized entry of innumerable illegal aliens into the United States.' Immigrant advocates said that under the proclamation noncitizens seeking asylum at a port of entry are asked to present medical and criminal histories, a requirement for the visa process but not for migrants who are often fleeing from immediate danger. 'Nothing in the INA or any other source of law permits Defendants' actions,' the immigrant advocates wrote in their complaint. Thousands of people who sought asylum through the CBP One app, a system developed under President Joe Biden, had their appointments at ports of entry canceled on Trump's first day in office as part of the proclamation that declared an invasion at the border. 'The Trump administration has taken drastic steps to block access to the asylum process, in flagrant violation of U.S. law,' the Center for Gender & Refugee Studies stated in a news release Wednesday.
Yahoo
12 minutes ago
- Yahoo
White House preparing Trump's meetings at G7 summit, which Zelenskyy attends
The White House has confirmed that it is preparing separate bilateral meetings on the sidelines of the Group of Seven summit, where, in addition to the G7 leaders, the presidents of Brazil, Mexico and Ukraine are expected to attend. Source: White House spokeswoman Karoline Leavitt during a press briefing in Washington, quoted by Ukrinform Quote from Leavitt: "I can confirm there will be quite a few bilateral meetings between the president [Trump – ed.] and other foreign leaders." Details: Meanwhile, Leavitt did not specify whether a meeting between President Donald Trump and President Volodymyr Zelenskyy is planned. Quote from Leavitt: "The White House is still working very hard to finalise that schedule, and we will provide that for you as soon as we have it." Background: The Office of the President of Ukraine hopes to organise a meeting between Zelenskyy and Trump on the sidelines of the G7 summit on 15-17 June. Last week, Zelenskyy confirmed that he had received an invitation to the G7 summit. Support Ukrainska Pravda on Patreon!
Yahoo
12 minutes ago
- Yahoo
Thin-Skinned Trump Snaps Over Kennedy Center Snub
Donald Trump snapped at a reporter who tried to ask about Kennedy Center actors who were planning to walk out rather than perform for him Wednesday night. He cut off the question, insisting, 'I couldn't care less!' 'Honestly, I couldn't,' Trump continued on the red carpet. 'All I do is run the country well,' he said, before launching into a lengthy list of his self-proclaimed achievements. Les Misérables cast members were offered the option to sit out the show on the night of Trump's attendance, and about a dozen performers were planning to do so, CNN reported last month. It underscores the ongoing conflict between Trump and members of the performing arts center, which he effectively seized control of in February. The president ousted much of the board, replaced them with loyalists, and appointed himself chairman, vowing to eliminate programming he deemed too 'woke,' such as events featuring drag performers. 'There's no inflation. People are happy. People are wealthy. The country is getting back to strength again,' said Trump, who was accompanied on the red carpet by Melania. 'That's what I care about.' In fact, inflation held largely steady in May at 2.4 percent. There are protests across the country as anger over Trump's immigration crackdown grows, especially in Los Angeles, which is contending with a militarized response from the Trump administration that local officials say they did not want or need. The Kennedy Center, meanwhile, has seen subscription sales plummet by more than a third year-on-year in the wake of Trump's takeover. But Trump has insisted his leadership will make the center 'great again.' Richard Grenell, the Trump-appointed president of the Kennedy Center, slammed the potential boycott last month and suggested actors who participated should be publicly identified, telling The New York Times, 'Any performer who isn't professional enough to perform for patrons of all backgrounds, regardless of political affiliation, won't be welcomed.' 'In fact, we think it would be important to out those vapid and intolerant artists to ensure producers know who they shouldn't hire—and that the public knows which shows have political litmus tests to sit in the audience,' he added. Loud boos could be heard from the audience as Trump waved from the presidential box, there were also cheers and a chant of 'USA! USA!' There was applause earlier for several drag queens as they arrived at the event. A group of drag performers had been expected to attend in protest after some attendees gave up their tickets following Trump's shakeup. Vice President JD Vance also attended the event with his wife, Usha Vance, and joked on X that he had no idea what the iconic musical was about. Trump, too, appeared to lack knowledge of the plot when he couldn't say whether he identified more with the protagonist or antagonist.
