At the same time as Dept of Labor Inspector General Anthony D’Esposito launches an investigation into H1B visa abuses by corporations who engaged in visa fraud, Federal Reserve Chairman Kevin Warsh appoints advisors to the FED on labor policy that includes one of the most egregious violators of H1B fraud, XBox CEO Asha Sharma.
It is beyond frustrating to see our labor system for ‘qualified technical positions’ being abused by companies who are intentionally discriminating against American workers.
American born Asha Sharma was the former VP at Facebook during their $14M settlement with DOJ for discriminating against American workers. Now as CEO of Microsoft XBox gaming, she has announced the termination of around 3,200 employees while Microsoft, company-wide, filed 2,879 Labor Condition Application for H-1B positions in fiscal year 2026.
There is a pattern at work within the high-tech industry where corporations factor in the price of lawsuits as a cost of doing business, a cost-effective way to continue discriminating against American workers. Obviously, they deny this practice, yet the transparent visibility of the practice continuing tell a more honest story.
Into this mix, Federal Reserve Chairman Kevin Warsh announces an advisory network of business and economic leaders to help guide FED policy on a variety of subjects. [CITATION] Within the Productivity and Jobs taskforce, Asha Sharma surfaces as an advisor “to inform the Federal Reserve’s policy judgments.”
I’m sure all of these are lovely people, with the best intentions for their own personal interests. However, where in the dynamic of FED policy advisors is the person who speaks directly to the needs of American workers who are being forced by policy to compete against the entire world for a tech sector job.
Arminio Fraga, founder and chairman, Gávea Investimentos; former president, Central Bank of Brazil. Mervyn King, former governor, Bank of England. Raghuram Rajan, professor of finance, University of Chicago Booth School of Business; former governor, Reserve Bank of India. Raj Chetty, professor of economics, Harvard University. Asha Sharma, executive vice president and XBOX CEO, Microsoft Corp. {SOURCE}
VGC – […] Notably, Sharma was named one of three advisors on the Productivity and Jobs task force, which the Federal Reserve says will be assessing, among other things, the impact of AI.
According to a news release, the task force will look at “the economic impact of new general-purpose technologies, including artificial intelligence, to inform the Federal Reserve’s policy judgments.”
Supported by Federal Reserve staff, the task forces will operate independently, with “a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee”. (more)
Maybe we start using jail instead of settlements?
AMEN, AMEN, & AMEN
Personally I believe Monetary Policy should target 0% inflation, a nice flat level playing field, it’s the obvious sensible target. This idea of an Entitled Caste with access to some sort of inflation gravy at the top (while everyone else gets left behind) really must go. This pretentious idea is really where all the corruption begins.
What you are proposing is to end the Federal Reserve. It will never happen before that point as there are people who benefit from that system debauching the currency, and them having first access to newly created dollars.
Reference the Cantillon Effect.
It was always going to come down to the bankers.
Just getting a new FED chairman in there takes an act of God, so scrapping the fed will be a generational battle!
Thank you for continuing the continuing education I receive at the Treehouse.
I’ve always believed that part of the problem is that not enough of the public is aware that our “FED” is a private bank which profits from interest rates as a result of its own monetary policy. If there was more publicity given to that fact maybe the pressure to be rid of this built-in bias would help eliminate it and change it to an actual Federally (taxpayer owned) bank. Especially now, as awareness of other aspects of our government and undue foreign influence that exists over our elected/installed officials is more public, finding out that this is not a publicly owned bank could make the case even stronger. I suspect that President Trump would probably agree.
Do you know the Fed operates at a loss now, that’s how sorry they are. They can’t even make a profit with the mother-of-all inside information!
It will never happen. Part of the ongoing scheme has been to pay back debt with devalued currency, whose value has been tanked due to inflation (the printing of more and more money.)
DJT wants to grow our way out of the debt, but the printing of money (while down from the Biden era) hasn’t slowed.
Cannot serve a sentence without being convicted by a jury of their peers first.
Not that the possibility of fines or imprisonment are not much of a threat when you can control the outcomes.
Judge shopping, picking the right jurists, lawfare etc.
A pox on all their houses.
I’ve despised our two tier justice system my entire life.
“Blue Collar Crime”
What the Hell is that?
So we destroy people at a distance therefore we get off easy. That is not justice.
A roulette wheel. Red=jail
Black= well you know
More fitting would be Russian roulette, with a full cylinder.
Bus rides to GITMO.
Great! More turd-world $hit weaseling their way into positions of power over Heritage Americans. If the left ever gets their wish of defunding the police, CW2 is gonna be a real barn-burner!
Diversity without assimilation is our demise.
There will only be demise when evil globalists hold positions of power. Talking specifically about the FED
How is that related or relevant to H1B fraud?
Microsoft XBox Gaming is owned by….
Microsoft!
Why is it always the usual suspects?
I despise the H1Bs more than the illegals.
Juan is contented to do roofing work, maybe work at a meat packer and in most cases keep a low profile. Not justifying their being here illegally mind you.
Pajeet takes way higher paying jobs, discriminates in hiring only other Indians and then lords it over Heritage America. They bring three generations with them and commit fraud on govt programs in the millions.
Its not just the H1-Bs that come here, but its the offshore contractors that are given an enormous amount of our jobs. This is overshadowed by the focus on the H1-Bs.
I’ve seen companies layoff employees and then move that work to India. Been going on for 20+ years, but seems to be increasing as of late.
Pajeets are a big factor of why I got out of doing IT work. I could see the writing on the wall regarding future opportunities.
Only to run into much of same problems with anything tangentially related to electrical engineering after I got a engineering degree at the State University.
Cold anger.
I just returned from a visit to Webster University, a very expensive private university in St. Louis, after not having been there in over three years.
Oh my gosh, it was like stepping into Iran! Big groups of Muslims walking on the campus sidewalks, big gatherings in the building I visited, and manning the offices I checked.
The only American looking people I saw were the man in the public safety office and a maintenance man. This is a complete flip from last time I was there; I did not encounter any difficulties but I also did not feel safe.
I’m hoping this is just a momentary event or something in the summer, we’ll see. If not it appears that Biden’s demographic switch is frighteningly complete.
Pattern recognition.
College campuses across America are becoming increasingly un-American every day.
This is intentional, and it will get worse. It’s a feature, not a bug, of The Great Replacing.
Sigh…. 😔
Good grief.
It’s crap like this that foments the ‘Eat the Rich’ and ‘Kill CEOs’ movements.
I direct most of the blame to Uniparty Congress, especially establishment Republicans because they are supposed to be on my team but all they do is stab me in the back.
Yep, they suck!
Doesn’t it seem as if every improvement President Trump or his administration tries to make is like pulling teeth? They are swimming against the globalist current.
Will be as temporary as his Presidency.
“When someone shows you who they are, believe them the first time”. Maya Angelou
https://quotesoftheowl.com/when-someone-shows-you-who-they-are-believe-them-the-first-time-maya-angelou/
“There is a pattern at work within the high-tech industry where corporations factor in the price of lawsuits as a cost of doing business, …”
That’s been going on for many decades, in many industries.
Some of us still remember the Pinto.
Sorry folks
But a descendant of the country first in line to abuse this countries workers should not be advising on or in any government position born here or not.
To many foreigners in government claiming to be American born yet their allegiance and alliance are not American jobs.
That list of people reads like the WEF globalists we definitely need advising /s
BOHICA.
Honestly, do they even care how it looks to Americans when this happens? The bubble is thick, I know.
They should just go ahead and publish their report saying there is no problem.
Train human American talent, without AI.. Train mentats, American biology, not silicone.
Europeans only?
What disturbs me in great part is that it was Scott Bessent who vetted the nominees for Fed Chair.
Which included Kevin Hassett.
How much of a surprise is this foreign advisory committee to Secretary Bessent I wonder.
NAFTA 2.0.
Only this time with tech.
My gut tells me that we will be disappointed with Kevin Warsh. I hope I’m wrong.
Same…
A feeling that has been with me ever since he was announced as President Trump’s choice.
Why?
He doesn’t live in the world the rest of us have to.
And so on this occasion, I will now be dispensing with the ladylike Scarlet and just say this ( in my fury)….
What the Actual F@*k??!!?!?!???
Outstanding, as usual.
Nest regards!
I agree: but isn’t it fair to get the perspective of a heavy user of H1Bs? She can always be removed – like any US tech worker – once she outlines her usefulness
Shades of FDR appointing Joe Kennedy to watch over Wall Street.
Even the good are bad.
#DCCrimeCartel
It would of been safer to appoint Hassett. He would have been loyal.
This doesn’t sit well with us Kevin Warsh!!
Stop it!
Discriminating the White races for decades! Wakey wakey.
It’s really amazing that this Nation still exists.
The insanity is beyond insanity, and yet, there is more and more everyday.
God Bless America ……..PLEASE!!!
Amen.
How about advising and stopping the FED from holding over 6.5 trillion dollars of mortgages in this country ?
When you purchase a home within months it sold and sold again and ends up on the FED balance sheets and the syndicate gets all your interest.
These panels should consist of normal American citizens without ties to special interests. Choose them at random.
Pay them a <very> generous salary, provide housing and all transportation and per diem costs.
Give them all the data.
Let the people decide a proper course for the advisory opinion. Make Mr Jefferson proud.
Enough of the ‘They are so smart and expirenced’ horsehockey.
When it comes to headlines like this…
“Dept of Labor Inspector General Anthony D’Esposito launches an investigation into H1B visa abuses by corporations who engaged in visa fraud”
Consider that DOL OIG D’Esposito has only 70 criminal investigators (Special Agents) in the United States with 6 total in California, Oregon and Washington State where most of the H1B Fraud is concentrated.
On top of that every HIB visa application was reviewed and approved by the USDOL.
Hopefully, he is serious about this investigation but I would take it with a grain of salt.
SPIT.
I can hardly wait for the other 4-5 panels he promised last month….
Hoping this is one of those times that enough internet, social media, talking heads on TV loud dissenting angry noises over this weekend on the appointment these individuals that Mr. Warsh will reconsider both the appointments and the structure of his leadership task force.
When President Trump’s term is over. Filthy politicians, IC, the Fed and many more will intentionally drive our country into a massive Great Depression worse than the first. My grandparents warned me that IT WILL happen again.
“Into this mix, Federal Reserve Chairman Kevin Warsh announces an advisory network of business and economic leaders to help guide FED policy on a variety of subjects. [CITATION] Within the Productivity and Jobs taskforce, Asha Sharma surfaces as an advisor “to inform the Federal Reserve’s policy judgments.””
The Fed needs this advisory network like I need a hole in the head. We may have another Powell on our hands.
The advisory board would be moot if the Fed did not exist, but alas we are stuck with both.
We don’t need the Fed.
We don’t need the Fed’s advisory network.
Eliminate all of the above.
My son, who graduated a tech school 3 years ago, with certifications in Security, AI, Networking, DATA, and a bunch of others, got caught in the BS covid shutdown after I sold my house & MOVED to Vegas for a potential job with Caesars Gaming for him (i work from home), got screwed there, 2 yrs Vegas was still shut down and/or having the slow open, we said screw that & moved again to FL. 4 yrs later, 250 applications in all over (every thing is online as you all know), now he cant get his resume past the AI screening software. Its impossible to get a job in the tech industry in America. I raised him for a world that no longer exists, so i PRAY heads roll over this. But they wont. I cant afford for him to switch into something else. I thought Trump would fix this long ago, but hes too busy with the middle east this term and the party’s just about over!
Like my dad used to say, “Cheer up, things could be worse…so I cheered up, and sure enough, things got worse!”
As God Emperor President Very Stable Genius Donald John Trump First of His Name has said, we need the H-1Bs because Americans can’t do tech jobs. We have the best H-1Bs. Everybody’s telling me they’re the greatest.
Have fun losing the midterms, and then cry blaming it on voter fraud while you alienated a good portion of your base. Maybe the impeachment will go through this time, we’ll have to wait and see! I just hope everyone has fun on both sides.
Give them enough rope…
How is Kevin Warsh any better than the old guy?
Asking for a friend.
file:///var/mobile/Library/SMS/Attachments/a6/06/999D02AB-669A-497C-95FB-0FDC9C9349CB/IMG_5724.WEBP
Are you gonna cowboy up,
or just lay there and bleed?
More proof, as if we needed it, that the “Feral Reserve” is a puppet of the Globalists and actually hate America.
I thought an agreement had been reached to charge corporations a million dollars a head to hire H1Bs. That satisfied Musk’s demand that he and other tech employers HAD to be able to hire the best talent, while still prioritizing U.S. job candidates, who would end up getting most positions. Did that solution go nowhere?
I would be curious as to who advised Trump on Warsh’s selection.
I know many people unable to find jobs even with much experience. We are fed up. I recently i saw a job posting for nurses with green cards! ARE YOU KIDDING ME? RAGE.
The other morning at the hospital lab, I had to take a number and when the tech came to the doorway, she said, “Seis.” Then she repeated, a little louder, ” Seis!” I looked up to see who was going to go in and then realized I was the only one in there . I held up my number and said, “Do you mean SIX?” SIX SOUNDS NOTHING LIKE seis.
Probably couldn’t be bothered to use English and assumed you’d know the translation.
We need to do away with H1B Visas. American companies need to train American workers. Or just go out of business.
If I was a tech titan.
Why hire citizens when foreign workers are tethered and bound to stay mum when the enterprise of the business builds and create products that are very routinely designed to invade privacy, manipulate consumers, present corporate systems analysis policy as a warm fuzzy blanket.
So the why is very simple.
Hiring people that have Constitutional Rights and protections is a risk to your business model.
Hiring foreigner techs on HB-1 visas give the employer the power of being able to boot them from the country if they spill the beans on these corporations endeavors’ either, to appear in a court, to whistle blow or raise internal HR objections to a product/service that essentially is designed to monitorize people.
There are also the offshore contractors that are given a ton of American jobs, not just the H1-Bs that come here.
Somebody needs to call Ray
“with the best intentions for their own personal interests” EXACTLY
“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.“
It is crystal clear that “we the people” have been replaced by “them the UniParty.”
Well? I know, I know. Trump is busy. Many things on his plate. Can’t know everything.
But it seems to me that he’s up 18 hr days (more than I am. Will Warch be fired? Called into the office and chastised? Or in three months will someone ask Trump about it and “It’s the first I’ve heArd of it.” Or worse, “She’s a great American.”
Can’t wait for Warsh to name Mark Carney, former Governor of the Bank of England an advisor to the FED on labor policy.
The discrimination against Americans begins as they are displaced by foreigners in our colleges/universities. Then it continues in the job market. As a mom of TWO STRAIGHT WHITE MALES, I know ALL about it!!!!!
And Xbox just slashed 3,200 jobs, would bet this is a Microsoft Punjab replay, fire the American workers and hire H1-b visa holders.
And the FED needs these advisors on labor policy because? Isn’t that the purview of the President and his Labor Secretary? This guy is already straying out of his lane.
If American patriotism was the criteria for the choice to this FED advisory group would a single one of them been chosen?
Sundance, need to add the voting (ballot) fraud buzzard in the graphic.
We might be approaching the start of a 2nd revolution. As Thomas Jefferson wrote in a letter dated November 13, 1787, to William Stephens Smith, the son-in-law of John Adams, “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” Buy more ammo. Lock and load.