Microsoft President Brad Smith warned the Trump administration that restricting skilled immigrants' path to permanent residency could weaken the US technology sector and drive top talent to other countries.
Smith rejected Vice President JD Vance's allegations that Microsoft misused the H-1B visa program to hire foreign workers at lower salaries, stating that green card applications involved long-serving staff addressing backlogs.
Smith highlighted that five of six Americans honored by President Donald Trump with science medals were immigrants, and their companies account for over 25% of the S&P 500 market value.