The White House is going after big US tech companies and elite universities over foreign worker visas, bad news for Microsoft, Adobe, Harvard, MIT and the talent pipeline they rely on.

• The Labor Department suspended Microsoft and Adobe from the green labor card program, along with big outsourcing firms like Infosys, Tata and Wipro.
• Nine top schools — Harvard, Yale, Stanford, Brown, MIT, Caltech and others — now face visa investigations over claims they use foreigners to undercut American pay.
• Vance says the crackdown targets companies that replace middle-class Americans with cheaper foreign hires, pointing to Microsoft laying off 6,000 workers while filing for H-1Bs.
• Microsoft pushed back, saying most of its visa filings were renewals for existing staff, not new arrivals.
• The same day, Trump handed top technology medals to Elon Musk, Sergey Brin, Jensen Huang and Lisa Su — all born outside the US.

Outlook: The investigations will keep pressure on tech employers and universities, and the bigger risk is that top foreign researchers and founders start choosing other countries.