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Monday, March 1, 2010

FED Chairman Urges Congress to Reform Immigration System

Last Week, Federal Reserve Board Chairman Ben Bernanke gave testimony to the Housing and Urban Affairs Committee. He listed immigration reform as one of the issues Congress should take up to improve the nation's lagging economy.

He said:

"I think frankly, this is a topic that I can never get much traction on — I think our immigration policy which restricts severely the number of highly-trained skilled immigrants is a problem because bringing those kind of folks in helps our high-tech industries develop more competitively — become more competitive."

Read the full story here.

H/T to Think Progress



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