White House Assures India No New H-1B Restrictions
According to an article published by The Business Insider, Indian CEO's were told there would be no restrictions unless unemployment became drastically worse. The group of CEO's met with the Director of the National Economic Council Lawrence Summers.
The concerns by the Indian CEO's were raised after the economic stimulus legislation passed last month put restrictions on banks receiving TARP money from hiring foreign workers.
More on this story can be found at The Business Insider and on our H-1B Issues and Topics pages.