Bloomberg Daybreak: US Edition Trump and Republicans Mourn Charlie Kirk; Effects of H-1B Visa Fee
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Sep 22, 2025 The widow of Charlie Kirk delivered a poignant message of forgiveness at his memorial, attended by President Trump, who hailed Kirk as a martyr for American freedom. In other news, Trump announced a significant overhaul of the H-1B visa program, imposing a $100,000 fee to combat its misuse. Discussions also included the potential U.S. takeover of TikTok, ensuring American oversight of its board and algorithm. The episode captures the intersection of politics, technology, and personal stories that shape the current landscape.
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$100K H-1B Fee Is A Major Disruption
- The Trump administration imposed a new $100,000 application fee for future H-1B visas to curb alleged abuse and protect U.S. workers.
- Bloomberg's Jill Deesis calls the fee a massive increase that has created chaos for companies relying on the program.
U.S. Deal To Reclaim TikTok Control
- The White House signaled a U.S.-led takeover of TikTok's operations with domestic control of the algorithm and board seats.
- President Trump suggested members of the Murdoch family could play a role, though Bloomberg said Fox as a company would be involved.
Structure Of Proposed TikTok Deal
- The administration expects the TikTok deal to be signed days after the announcement, shifting control away from China's ByteDance.
- The proposed structure gives Americans six of seven board seats and assigns Oracle as TikTok's security provider.