Trump announced a new program to lure wealthy and highly-skilled professionals to the U.S. But experts say Congress – not the president – holds the authority to make that move.

Trump said he will replace the "EB-5" immigrant investor visa program, which allows foreign investors of large sums of money that create or preserve U.S. jobs to become permanent residents, with a so-called "gold card.

During the first meeting of his second-term Cabinet, Trump suggested that the new revenue generated from the program could be used to pay off the