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Trump administration has plan to scrap ‘startup visa’ rule

The Trump administration plans to delay and ultimately scrap a rule that would allow some foreign entrepreneurs to stay in the U.S. and build their companies, according to an administration official citing a final draft of a Federal Register notice.

The International Entrepreneur Rule, the closest the United States has come to the "startup visa" Silicon Valley has long sought, was approved by the Department of Homeland Security in January during President Barack Obama’s waning hours in office. It was supposed to go into effect July 17.

By Trisha Thadani

Full Story: http://www.sfchronicle.com/business/article/Trump-administration-has-plan-to-scrap-startup-11236692.php

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