State Street CEO Labels Trump Immigration Policy ‘Anti-Growth’
Ronald O'Hanley during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Tuesday, Nov. 4.
Photographer: Lam Yik/BloombergThe chief of one of the world’s largest asset managers labeled President Donald Trump’s immigration policy “anti-growth,” as the US administration pushes ahead with an unprecedented crackdown, spurring chaos among skilled foreign workers.
State Street Corp. Chief Executive Officer Ron O’Hanley told the audience at Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit the biggest challenge for the world’s-largest economy will be the future of US immigration policy.