Protecting American Workers Through H–1B Modernization Act
Summary
HR10799, the Protecting American Workers Through H–1B Modernization Act, was introduced in the House and referred to the Judiciary Committee on October 13, 2026. With no cosponsors and no further action, the bill is in early legislative stages with low momentum. Without specific bill text, no direct market impact can be assessed.
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Key Takeaways
- 1.Bill is in early stage with low momentum.
- 2.No specific market impact determinable without bill text.
- 3.Technology sector is the most likely affected sector.
Market Implications
Given the early legislative stage and lack of detail, there are no immediate market implications. If the bill advances, technology companies relying on H-1B visas could be affected, but specifics are needed.
Full Analysis
The bill was introduced by Rep. Grothman and referred to committee. It has no cosponsors, indicating limited initial support. The bill's title suggests changes to the H-1B visa program, which could affect technology companies' access to foreign talent. However, without the actual bill text, the specific mechanisms are unknown. The legislative path requires committee consideration, potential markup, and floor votes in both chambers. Given the early stage and lack of momentum, near-term market impact is minimal. Investors should monitor for committee action or cosponsor additions.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
FERMI FORWARD DISCOVERY GROUP, LLC: $2.4B Department of Energy Contract
DELL FEDERAL SYSTEMS L.P: $1.1B Department of Veterans Affairs Contract
DELL FEDERAL SYSTEMS L.P: $1.1B Department of Veterans Affairs Contract
DELL FEDERAL SYSTEMS L.P: $1.1B Department of Veterans Affairs Contract
FERMI FORWARD DISCOVERY GROUP, LLC: $2.5B Department of Energy Contract
FERMI FORWARD DISCOVERY GROUP, LLC: $2.5B Department of Energy Contract
FERMI FORWARD DISCOVERY GROUP, LLC: $2.5B Department of Energy Contract
OPTUM PUBLIC SECTOR SOLUTIONS, INC.: $1.1B Department of Veterans Affairs Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Advancing Women's Health to Improve Outcomes in All Phases of Life
This executive order establishes a Women's Health Division within the NIH to coordinate and accelerate research on understudied women's health conditions, and creates a White House Women's Health Task Force to drive policy reforms and translation of research into clinical practice across federal agencies. It directs specific agencies to prioritize research, data collection, and translation into prevention, diagnosis, and treatment, with a focus on all life stages from infancy through aging.
Streamlining Access to Government Services Through America.gov
The executive order directs the General Services Administration to create America.gov, a unified digital portal for federal services, integrating Login.gov for authentication and requiring agencies to expose their digital services via APIs. It also mandates the use of AI (referred to as 'super intelligence') with transparency safeguards, while preserving existing service channels and excluding tax and defense/intelligence services.
Enhancing Program Integrity and Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
This executive order directs the Secretaries of State, Labor, and Homeland Security to coordinate with Commerce, Education, and the SBA when processing H-1B petitions, and requires them to consider whether the employer has engaged in layoffs of similarly situated U.S. workers within the past year. It also orders the Labor Department to review past labor condition applications for potential enforcement actions against sponsoring employers, effectively tightening scrutiny on H-1B usage, especially by outsourcing firms.
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