President Donald Trump Vice President Michael Pence Speaker of the House Nancy Pelosi House Minority Leader Kevin McCarthy Senate Majority Leader Addison “Mitch” McConnell Senate Minority Leader Charles “Chuck” Schumer

To America’s Leaders: We represent a cross-section of America’s economy, now immigrants our economy needs to thrive. For the first and into the future. As CEOs, deans of business schools time since we started keeping track of these data, the across the country, and leaders of industry organizations, past three years have seen a reduction in the number of we have insights into what the U.S. economy needs now, foreign students studying in America’s universities and and what it will need 10, 20, and 30 years into the future. business schools. Every year, we turn away hundreds of We are helping to lead this generation of businesses and thousands of high-skilled immigrants for no other reason train the next generation of leaders who will succeed us. than that they failed to win the H-1B lottery.

We are also urgently concerned. We do not believe the We cannot allow this dangerous negative trend to U.S. has the high-skill talent it needs, nor does it have the continue. As leaders committed to growth in America’s capacity to train enough people with those skills. Without economy, we know that policy reforms could usher in a substantial change in our approach, this deficit of skills in immense benefits. These should include: key fields will hinder economic growth. • Removing “per-country” visa caps, modernizing our The fact that our economy has created an estimated visa processing system, and reforming the H-1B visa three million open STEM jobs is a positive. It speaks to the program to make it possible for the most talented vibrancy and opportunities available in a healthy, growing people to have a reasonable chance of gaining entry to economy. Yet the fact that those jobs are unfilled—and the . that the U.S. is not producing enough people with the skills to fill them—is not just a negative, it’s a crisis. • Creating a “heartland” visa that encourages immigration to the regions of the United States that We are needlessly capping our growth and can do better. could most use the vitality of these talented individuals. We can maintain the shimmer of our ‘shining city upon America remains, as President Ronald Reagan put it, “a a hill’ that welcomes immigrants, as it has throughout shining city upon a hill.” The best and brightest from all history, to a land of opportunity. around the world want to come here, and their hard work and expertise make our economy stronger and more We hope you agree, and we urge you to take these globally competitive. They want to provide American recommendations seriously. companies with insight into what approaches will succeed as these companies expand into foreign markets. We are confident that America’s future economic success depends on it, and we invite others—from academia and Yet a combination of our outdated laws, artificial regional business—to join us in our urgent call for action. and skills-based caps on immigration, and recent spikes in hostility are closing the door to the high-skilled Join us by emailing [email protected].

Sincerely,

Harsha V. Agadi Robert Dammon Michael W. Lamach Carlos J. Rodriguez President and CEO Tepper School of Business Chairman & CEO Chairman & CEO Crawford & Co. Carnegie Mellon University Ingersoll Rand Driftwood Acquisitions & Development Andrew Ainslie Scott DeRue Stefanie Ann Lenway Simon Stephen M. Ross School of Opus College of Business Keith Rollag Business University of St. Thomas, F.W. Olin Graduate School of University of Michigan Minnesota Business Homaira Akbari Babson College President & CEO Tom Finke Jonathan Levin AKnowldge Partners, LLC Chairman and CEO Stanford Graduate School of Marc Rubin Barings Business Farmer School of Business Paul Almeida Stanford University Miami University McDonough School of Business Sanjay Gupta Georgetown University Eli Broad College of Business Kate Luce John Scannell Michigan State University President & CEO CEO Eugene W. Anderson MSE Railroad Companies Moog Inc. Martin J. Whitman School of Kevin Hallock Management Cornell SC Johnson College of Costis Maglaras Douglas Shackelford Syracuse University Business Columbia Business School Kenan-Flagler Business School Cornell University Columbia University University of North Carolina at Arjang Assad Chapel Hill Joseph M. Katz Graduate School Ann Elizabeth Harrison Stephen L. Mangum of Business Haas School of Business Haslam College of Business Matthew Slaughter University of Pittsburgh University of California, Berkeley The University of Tennessee, Tuck School of Business Knoxville Dartmouth College Antonio Bernardo Jay Hartzell Anderson School of Management McCombs School of Business Sharon Matusik David B. Snow Jr. UCLA University of Texas at Austin Leeds School of Business Chairman & CEO University of Colorado, Boulder Cedar Gate Bill Boulding Frank Hodge Fuqua School of Business Foster School of Business Susan McTiernan Ira Solomon, A.B. Duke University University of Washington Mario J. Gabelli School of Freeman School of Business Business Tulane University Peter Brews David Hummels Roger Williams University Darla Moore School of Business Krannert School of Management David Souder University of South Carolina Purdue University Anuj Mehrotra School of Business School of Business University of Connecticut David Brown Charles Iacovou The George Washington Founder & CEO School of Business University Raghu Sundaram Techstars Wake Forest University Leonard N. Stern School of Jacqueline R. Mozrall Business Jeffrey R. Brown Jeff Jacobson Saunders College of Business University Gies College of Business Executive Chairman & CEO Rochester Institute of University of Illinois at Urbana- EFI Technology Paul Tesluk Champaign University at Buffalo School of Erika James Matthew Myers Management Frank Buckless Goizueta Business School Edwin L. Cox School of Business The State University of New York Poole College of Management Emory University Southern Methodist University North Carolina State University Kent J. Thiry M. Eric Johnson Mark W. Nelson, PhD Executive Chairman Robert C. Camp Owen Graduate School of Samuel Curtis Johnson Graduate DaVita Inc. Eberly College of Business and Management School of Management Information Technology Vanderbilt University Cornell SC Johnson College of Dr. Richard D. White, Jr. Indiana University of Business E. J. Ourso College of Business Pennsylvania Eli Jones Cornell University Louisiana State University Mays Business School Anne Carroll Texas A&M University Michael Olfano Charles H. Whiteman College of Business CEO Smeal College of Business Kutztown University Idalene Kesner PCA Technology Group The Pennsylvania State Kelley School of Business University Kerwin Charles Indiana University J. Michael Prince Yale School of Management, President and CEO Sri Zaheer Yale University John Kraft USPA Global Licensing Carlson School of Management Warrington College of Business University of Minnesota Vivek Choudhury University of Florida Donna Rapaccioli Daniels College of Business Gabelli School of Business University of Denver Fordham University

Martha J. Crawford, PhD Jack Welch College of Business & Technology Sacred Heart University Paid for by Graduate Management Admission Council. www.gmac.com/talentmobility