JPMorgan CEO Dimon Stresses H-1B Visas’ Critical Role for US
By Global Leaders Insights Team | Sep 25, 2025
JPMorgan Chase CEO Jamie Dimon spoke out after US President Donald Trump signed a proclamation imposing a $100,000 fee for H-1B visas, which are widely used in the technology industry. In an interview, Dimon explained why the H-1B visa fee hike decision was important to JPMorgan.
Key Highlights
- JPMorgan CEO Dimon warns $100,000 H-1B fee may hinder U.S. competitiveness and innovation.
- Dimon emphasizes merit-based immigration, urges engagement with policymakers to address visa fee concerns.
Visas are important to the company because it constantly moves people around the world as a multinational corporation, according to Dimon.
"For us, visas matter because we move people around globally—experts who get promoted to new jobs in different markets," he said. He stated that the United States should remain a desirable destination for immigrants. "The challenge is that the US still needs to remain an attractive destination."
The CEO of JPMorgan Chase stated that the $100,000 H-1B visa fee "caught everyone off guard, prompting concern across companies that rely on skilled workers".
Jamie Dimon emphasized the importance of merit-based immigration, saying US-based companies may engage with the government on the issue.
Also Read: Jensen Huang & Sam Altman Support $100K H-1B Fee Policy
"I believe it will eventually settle down. That caught everyone off guard, and we received a lot of phone calls over the weekend. What does this mean? And, from what I understand, this means new H-1B visas, and many H-1Bs travel there because they require the expertise. As a result, I'm confident that many people will approach the American government to explain why they believe in it. "I support merit-based immigration," he added.
