Vice President JD Vance has accused major U.S. companies of committing fraud by abusing the H-1B visa program to replace American workers with cheaper foreign labor. The allegations target corporate practices that allegedly exploit immigration pathways intended for specialized talent to reduce domestic employment costs. The statement underscores heightened scrutiny on tech and corporate hiring practices amid ongoing debates over immigration policy and labor market protections. Vance's remarks signal potential regulatory or legislative action aimed at reforming visa compliance and safeguarding U.S. jobs from displacement through foreign worker programs.