The San Francisco Chronicle has recently released a report indicating that the Trump administration may soon rescind or delay the International Entrepreneur Rule. The I.E. rule, which is intended to increase entrepreneurship and innovation, and hopefully lead to job creation, is widely regarded as a type of company startup visa. The program will be overseen by the U.S. Department of Homeland Security.

The rule was initially put in place by the Obama Administration and is anxiously anticipated by the startup community. It was set to come into effect on July 17, however, it appears that Homeland Security is now intending to push back the date into 2018 as it finalizes plans to withdraw the rule permanently.