Washington, Nov. 13 -- Treasury Secretary Scott Bessent said President Donald Trump's new H-1B visa policy is designed to temporarily bring in skilled foreign experts to train American workers, not replace them.

Speaking to Fox News, Bessent described the plan as a "knowledge transfer" strategy designed to rebuild US manufacturing, shipbuilding, and semiconductor production after decades of outsourcing. "Train the US workers. Then go home. Then the US workers fully take over," Bessent said, summing up the administration's vision for the new visa system.

Trump has said that while his administration prioritized American jobs, certain sectors, particularly manufacturing and defense, require expertise that cannot easily be sourced domestica...