Republican presidential primary candidate Nikki Haley, former ambassador to the United Nations, has scored the backing of Wall Street billionaires with a penchant for flooding the nation\u2019s labor market with foreign workers.<\/p>\n\n\n\n
On January 30, a who\u2019s who of Wall Street\u2019s billionaires will\u00a0host<\/a>\u00a0a New York City fundraiser for Haley where tickets to attend start at $3,300 and go up to $33,200.<\/p>\n\n\n\n Among those cohosting the fundraiser are billionaires Cliff Asness, Stanley Druckenmiller, Henry Kravis, and Ken Langone. Economist Glenn Hubbard, a board member at BlackRock<\/a>, is also cohosting the fundraiser.<\/p>\n\n\n\n The billionaires\u2019 support for Haley comes as she has sought<\/a> to revive former President George W. Bush\u2019s corporate-friendly \u201cAny Willing Worker\u201d immigration policy, which allows companies to dictate legal immigration levels based on their wanting to hire foreign workers over Americans.<\/p>\n\n\n\n Already, the United States annually admits more than a million legal immigrants on green cards and another million on temporary work visas to take mostly blue-collar American jobs. This historically high level of legal immigration has driven the nation\u2019s foreign-born population to a record 49.5 million<\/a>.<\/p>\n\n\n\n \u201cWhile Nikki Haley may have an \u2018R\u2019 behind her name, she leans left on immigration and cannot be trusted to bring back true immigration enforcement,\u201d National Immigration Center for Enforcement (NICE) President RJ Hauman told Breitbart News.<\/p>\n\n\n\n \u201cShe refuses to even call illegal aliens \u2018criminals,\u2019 when that is what they are. A vote for Nikki Haley is a return to Bush-era amnesty for illegal aliens and cheap foreign labor over Americans,\u201d Hauman said. \u201cIt\u2019s an \u2018America Last\u2019 approach to immigration.\u201d<\/p>\n\n\n\n The billionaires supporting Haley have a vested financial interest in such an immigration policy as Wall Street lobbies to inflate the nation\u2019s labor market to keep U.S. wages down, housing demand high, and jobs filled with employees who have no bargaining power.<\/p>\n\n\n\n In 2017, Asness joined<\/a> other corporate leaders in begging then-President Donald Trump to throw out his constitutional travel ban and instead enact legal immigration policies to help the business lobby:<\/p>\n\n\n\n We urge you to reconsider policies that single out specific Muslim-majority countries;<\/strong> conduct a speedy and good faith review of security vetting procedures, preferably while allowing existing policies to remain in place; raise the arbitrary cap on the number of refugees admitted to the US; and enact policies that recognize the economic importance of immigrants and a robust refugee resettlement program<\/strong> aligned with the enduring values upon which this country was founded. [Emphasis added]<\/p>\n<\/blockquote>\n\n\n\n Meanwhile, Facebook CEO Mark Zuckerberg\u2019s FWD.us<\/a> \u2014 which lobbies for more overall immigration to the U.S. as well as amnesty for illegal aliens \u2014 counts<\/a> Druckenmiller as one of its<\/a> \u201cmajor contributors\u201d financially.<\/p>\n\n\n\n Most recently in August 2023, Kravis was among<\/a> the biggest players on Wall Street to have signed onto an effort<\/a> by New York Gov. Kathy Hochul (D) that would have American taxpayers bail out the sanctuary state of New York for an influx in illegal immigration.<\/p>\n\n\n\n The goal of Hochul\u2019s effort was to more easily funnel border crossers and illegal aliens into jobs by getting them healthcare services, housing vouchers, and free public transit.<\/p>\n\n\n\n While on the campaign trail, Haley parroted immigration policy from Hubbard. On several occasions, Haley said the federal government ought to give green cards to those foreign students who take enrollment spots at American universities when they graduate.<\/p>\n\n\n\n The policy would ensure more foreign competition in the white-collar labor market against newly graduated young Americans. Hubbard called<\/a> the policy a \u201cno-brainer\u201d in 2019 while he was dean of Columbia University Graduate School of Business:<\/p>\n\n\n\n Half of my students at Columbia are not Americans. I would love to see all of them work in my country<\/strong>, not because I\u2019m a saint, but because I\u2019m selfish. I want the smartest people in the world to work here. I think for anybody who gets a higher education in this country \u2014 MBAs, engineers, doctors \u2014 this is a no-brainer.<\/strong> [Emphasis added]<\/p>\n<\/blockquote>\n\n\n\n\n
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