Trump “Gold Card” Site Launching Within a Week, Lutnick Says

The “gold card” website allowing people to buy U.S. permanent residency for $5 million will launch within a week, Commerce Secretary Howard Lutnick said Wednesday at an Axios Building the Future event in Washington.

Why it matters: President Trump has suggested the U.S. could sell 1 million of the cards — enough to retire the national debt.

{snip}

Between the lines: Lutnick positioned the card as a safety option that also helped the U.S. fund its growing debt obligations.

• “Everyone I meet who’s not an American is going to want to buy the card if they have the fiscal capacity,” he said.

{snip}