["'Trump Gold Card' Project Approves Only One Applicant, Far Below Previous $100 Billion Expectations"] Golden Finance reported that on April 25, U.S. Secretary of Commerce Howard Lutnick stated during a congressional hearing that the "Gold Card" visa program introduced by Trump has so far approved only one applicant. The program is seen as an alternative to the traditional EB-5 investment immigration plan, allowing foreigners to pay at least $1 million to legally reside and work in the United States, with a pathway to eventual citizenship. Howard Lutnick previously claimed that the Trump Gold Card program had sold $1.3 billion worth of slots and projected it could generate $1 trillion in revenue in the future to help alleviate the U.S. fiscal deficit. Although only one person has been officially approved so far, Howard Lutnick noted that hundreds of applicants are still undergoing the review process.