Howard Lutnick Gives Embarassing Update About Trump's $1M 'Gold Card'
- Posted on April 23, 2026
- By HuffPost
- 0 Views
- 1 min read
In brief
Commerce Secretary Howard Lutnick revealed disappointing results regarding Trump's EB-5 visa initiative, commonly referred to as the 'Gold Card.' The $1 million investment program, designed to attract wealthy foreign investors seeking U.S. residency and work permits, has gained minimal traction with only a single approved applicant. This underwhelming response raises questions about the program's viability and appeal to international investors despite significant financial requirements.
Howard Lutnick Gives Embarassing Update About Trump's $1M 'Gold Card'
The Commerce Secretary said Thursday that only one person has been approved for the $1 million visa that lets foreigners live and work in the U.S.
