Trump's 'Gold Card' Visa Struggles

Despite Trump's claims that the program would be a major success, Lutnick testified that hundreds of applicants remain in the queue.

The scheme has faced criticism for effectively creating a 'pay-to-play' immigration system that favors the wealthy.

Critics have also pointed out that the $15,000 application fee and $1 million investment requirement are out of reach for most.

The slow approval rate has raised questions about the administration's ability to manage the program effectively amidst broader immigration crackdowns.