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Photo: Carolyn Kaster-Pool/Getty Images

Sen. Lindsey Graham (R-S.C.) said on Monday that President Trump's expansion of legal immigration restrictions — including a temporary ban on high-skilled H-1B visas — will have a "chilling effect" on the country's economic recovery.

Why it matters: Graham is one of Trump's closest allies in the Senate. He and many pro-business groups, including major tech companies and the U.S. Chamber of Commerce, have expressed disapproval at the decision to restrict legal immigration during the pandemic.

What he's saying: Graham tweeted, "Those who believe legal immigration, particularly work visas, are harmful to the American worker do not understand the American economy."

  • "Work visas for temporary and seasonal jobs covering industries like hospitality, forestry, and many economic sectors can only be issued AFTER American workers have had a chance to fill the job position."
  • "Before coronavirus, legal immigration and programs like these played an important role in helping President Trump create the strongest economy in generation. I have little doubt that programs like these would help him build it again."
  • "Unfortunately, I fear the President’s decision today to temporarily shut down these programs will create a drag on our economic recovery."
  • "The shuttering of these programs may not lead to employment opportunities for displaced American workers, but could instead increase the cost of consumer goods for Americans — particularly service industry related products," he added.

The big picture: The Trump administration on Monday banned U.S. entry for foreigners on specific temporary work visas through 2020, including high-skilled H-1B visas.

  • The move expands on earlier coronavirus-related immigration restrictions, which have also been extended through the end of the year.
  • Per Axios' Stef Kight, the additional restrictions will also affect H-1B spouses, non-agriculture worker H-2Bs visas, short-term workers on J-1 exchange visas, and L visas, which allow companies to move employees working overseas to U.S. offices.

Go deeper

Dems on Senate Judiciary tell Graham to delay filling Ginsburg's seat

Senate Judiciary Committee Ranking Member Sen. Dianne Feinstein (D-Calif.) speaking in August.

Democrats on the Senate Judiciary Committee, led by Ranking Member Dianne Feinstein (D-Calif.), called on Sen. Lindsey Graham (R-S.C.) to delay filling Justice Ruth Bader Ginsburg's seat on the Supreme Court until after the presidential inauguration.

What it matters: Democrats cited the Senate GOP's refusal to consider President Obama's nomination of Merrick Garland following Justice Antonin Scalia's death in 2016. Republicans at that time claimed voters should choose the president and the president should select the justice, since the vacancy occurred during an election year.

Updated 24 mins ago - Economy & Business

Ubisoft workers demand company accountability in open letter

Photo: Frederic Brown / Getty Images

Close to 500 current and former employees of “Assassin’s Creed” publisher Ubisoft are standing in solidarity with protesting game developers at Activision Blizzard with a letter that criticizes their company's handling of sexual misconduct.

Why it matters: Ubisoft and Activision Blizzard workers are framing the actions as part of a bigger movement meant to have lasting change in the industry and its culture.

Companies deploy tech to prevent retail crime

Customers in a Home Depot in Pleasanton, California, in February 2021. Photo: David Paul Morris/Bloomberg via Getty Images

Retailers have a new edge for fighting theft: They're using technology to disable stolen goods — from iPhones to Black & Decker drills — and render them useless.

Why it matters: Organized retail crime has a considerable affect on retailers every year, costing them an average of $719,000 per $1 billion dollars in sales, according to estimates from the National Retail Federation.