Secretary of Commerce Howard Lutnick appeared on CNBC Thursday to defend President Donald Trump's new "Gold Card" visa program, which allows applicants to buy U.S. citizenship for $1 million.
Host Joe Kernen: A lot of times I do not look immediately for the downside to something, but I'm sure people are at this point. But if the president says that [Apple CEO] Tim Cook has actually pushed for this policy, I think that's a pretty good endorsement that maybe the president's onto something here.
Lutnick: So you've got to be able to bring in the best and brightest to the country. This concept where you just get online to come into the United States of America and you just come on in, I mean, the average green card holder in America makes one-third less than the average American. We should be bringing in the best and the brightest, and that's what Donald Trump is changing about our immigration system. Let's expedite the best and the brightest who are going to give a million dollars to the United States to prove they're at the top of the list.
Kernen: I guess just the optics of it is what bothers me.
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