Trump's immigration policies are impacting Wall Street significantly, especially for firms dependent on foreign talent and cross-border operations. Concerns regarding border security are making business leaders more cautious about travel and hiring strategies. The mergers and acquisitions landscape is also evolving, with investors looking closely at companies’ compliance with immigration regulations before proceeding with deals. The emphasis on I-9 forms during due diligence is becoming more pronounced as companies prepare for potential audits, a shift from the historical treatment of such documentation as an afterthought.
"We're working on one merger acquisition now, and that's their phase one. They want to check out the staffing first to make sure that their I-9s are in order before they go forward with the rest of the deal."
"If they even considered it at all, they would just sort of shrug their shoulders and say, 'Look, if we get hit with a I-9 audit, we'll pay whatever penalties there are.'"
Collection
[
|
...
]