Trump Fires TVA Chair, Cites Hiring of Foreign Workers
schwit1 writes: President Trump announced the removal of Tennessee Valley Authority's chair James Thompson and board member Richard Howoth and called for the removal of their CEO Bill Johnson. This was in response to the company laying off employees and hiring H1-B visa holders. [TVA announced it would outsource 20% of its technology jobs to companies based in foreign countries, which could cause more than 200 highly skilled American tech workers in Tennessee to lose their jobs to foreign workers, according to the White House.] During the round table discussion, it was announced the company is willing to reverse course and rehire previously laid off employees. The president also said he would not ban the TikTok app if Microsoft or another company bought it before September 15th. "The TVA is a federally owned corporation created in 1933 to provide flood control, electricity generation, fertilizer manufacturing and economic development to the Tennessee Valley, a region that was hard hit by the Great Depression," reports The Associated Press. "The region covers most of Tennessee and parts of Alabama, Mississippi and Kentucky as well as small sections of Georgia, North Carolina and Virginia." Trump said the new chief executive officer must "[put] the interests of Americans first," adding: "The new CEO must be paid no more than $500,000 a year. We want the TVA to take action on this immediately. [...] Let this serve as a warning to any federally appointed board: If you betray American workers, you will hear two words: 'You're fired.'" The announcement was made as Trump signed an executive order to require all federal agencies to complete an internal audit to prove they are not replacing qualified American workers with people from other countries. According to the White House, the order will help prevent federal agencies from unfairly replacing American workers with lower cost foreign labor.
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