Top Trump official mocked online over false claim of Indian stock market crash after US green card curbs

Read the original at Times of India ↗
Times of India · collected 2026-10-09 · by Aashish Vashistha

Quick Summary

Anthony D'Esposito, Inspector General of the US Department of Labor, faced criticism online for responding to a post by conservative commentator Benny Johnson on X, where Johnson falsely claimed India’s stock market had crashed due to Trump administration restrictions on foreign workers at major tech companies. Social media users pointed out that Indian markets had closed hours before the announcement and criticized D'Esposito's response as endorsing misinformation.
Written locally by qwen2.5:14b on 2026-10-09, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

On October 8, the Trump administration suspended eight major technology companies, including Cognizant and Infosys from the Permanent Labor Certification (PERM) program, amid efforts to curb alleged misuse of foreign worker programs at the expense of American workers. A top US official, Anthony D'Esposito, Inspector General of the Department of Labor, faced online criticism for his seemingly supportive response to a false claim on X by Benny Johnson that India's stock market had “completely COLLAPSED” due to these restrictions. The PERM program is crucial for employment-based green card applications, and the suspensions impact companies like Cognizant and Infosys, which reportedly employ 75% Indian nationals in the US. Social media users criticized D'Esposito's response as amplifying misinformation about India’s market reaction to the policy changes.

Written for “Us Visa Policy Controversy” on 2026-10-09, grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted verbatim and was checked against the article text before being stored, so you can find it in the original.
Reading Leans right (beta estimate) Confidence high
Leaning: leans right for article 68070 (high confidence, 2 verified quotes) · logged 2026-10-09

Signals How these are calculated →

Claims extracted
24
claim-shaped sentences
Uncertain
21%
5 of 24 hedged
Leaning
Leans right
of the writing, not the subject · beta estimate
Correction & hedging signals
59.0
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Politics
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-09 · how these are computed

Story

📰 Us Visa Policy Controversy
Politics · 1 article(s) covering the same event.

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

This article reads leans right and hedges 21% of its claims. Each row says how that neighbour differs.
The Independent
⚖️ Leans right 🔴 14% hedged 6 of 43 📰 publisher trust 59
“While both articles discuss the US government's actions regarding Indian IT firms and green card curbs, they describe different aspects of the incident (online criticism vs. implications for H1B visas and businesses).”
Semafor
⚖️ Leans left further left than this 🔴 20% hedged 1 of 5 📰 publisher trust 95
“The articles describe different aspects of strained relations between India and the US regarding immigration policies and their impact on Indian workers, but do not clearly report on the same specific incident or time.”

Publisher

Times of India · 2098 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)
2026-10-05
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2026-10-04
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Who wrote this

Aashish Vashistha
30 article(s) here · 1 carrying a prediction
🔮 Employers seeking to sponsor most foreign workers for permanent residence must generally obtain certification from the Labor Department that there are not enough qualified, willing and available American workers for the position and that hiring a foreign worker will not adversely affect US wages and working conditions.
🔮 New York City Mayor Zohran Mamdani on Wednesday marked the third anniversary of the October 7 Hamas attack on Israel by condemning the killings and hostage-taking, while also accusing the Israeli government of carrying out an “ongoing genocide” in Gaza.
🔮 The Trump administration has been sued over its plan to deploy a large number of election monitors at polling stations across the US during next month’s midterm elections, with the NAACP alleging that the move could intimidate voters and interfere with the electoral process.
🔮 An Arizona man convicted of fatally shooting a motorist during a road-rage confrontation will be resentenced after an appeals court ruled that an AI-generated video of the victim addressing him should not have been shown in court.
🔮 US President Donald Trump on Saturday defended the rapid expansion of massive data centres in the US, warning that blocking the projects would give China an advantage as he campaigned in Ohio ahead of next month's midterm elections.
🔮 He said at the time that Americans would receive the money if Republicans retained control of Congress.
🔮 The Coast Guard said it was notified that contact with the aircraft had been lost and that crews from Air Station Cape Cod, US Coast Guard Station Brant Point in Nantucket and the USCGC William Sparling were involved in the search.
🔮 He also argued that Tehran’s proposal was unacceptable because it sought major concessions before substantive talks could begin.
🔮 The H-1B visa programme could undergo major changes over the next year as the Trump administration expands a nationwide investigation into alleged foreign-labor fraud, worker exploitation and potential human trafficking.
🔮 Citing agency sources, the report said ICE officers would instead focus on undocumented migrants with criminal convictions or pending criminal charges.
Also by Aashish Vashistha
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 30 articles by Aashish Vashistha →

Topics

American Cognizant India Indian Infosys

Subjects

Indian NORP · 9× India GPE · 5× Johnson PERSON · 5× Infosys ORG · 4× American NORP · 3× Cognizant ORG · 3× HCL ORG · 3× Wipro ORG · 3× Benny Johnson PERSON · 2× the Trump administration ORG · 2×

Narrative

“The largest IT outsourcing firms in the world, Cognizant, Infosys, Tata, Wipro, HCL and Capgemini were removed from the Permanent Labor Certification Program,” Johnson wrote on X. He also claimed that 75 per cent of Cognizant employees in the US were Indian nationals and pointed out that Infosys, Tata, Wipro and HCL were based in India.
framing: mixed · carried by 1 article(s) · first seen 2026-10-09
🔮 Employers seeking to sponsor most foreign workers for permanent residence must generally obtain certification from the Labor Department that there are not enough qualified, willing and available American workers for the position and that hiring a foreign worker will not adversely affect US wages and working conditions.

Claims (24 extracted, 5 hedged)

A top US official has faced online criticism after appearing to endorse a false claim that India's stock market had collapsed following the Trump administration's latest restrictions on foreign workers, including Indian IT professionals. uncertain
market → face → professionals
Anthony D'Esposito, Inspector General of the US Department of Labor, reacted to a post by American conservative commentator Benny Johnson on X with the words “Ruh roh”. asserted
D'Esposito → react → words
The post claimed that India's stock market had “completely COLLAPSED” after the Trump administration suspended major technology companies from a programme linked to employment-based green cards. asserted
administration → claim → cards
Social media users criticised the response, with some accusing the official of amplifying misinformation about India. asserted
some → criticise → India
On October 8, the Trump administration suspended eight major technology companies, including Cognizant, Infosys, Tata Consultancy Services (TCS), Wipro, HCL, Capgemini, Microsoft and Adobe, from the Permanent Labor Certification, or PERM, programme. asserted
administration → suspend → programme
The move came amid the administration's broader efforts to curb what it alleges is the misuse of foreign worker programmes at the expense of American workers. asserted
it → come → workers
PERM is a key step in the employment-based green card process. asserted
PERM → base → process
Employers seeking to sponsor most foreign workers for permanent residence must generally obtain certification from the Labor Department that there are not enough qualified, willing and available American workers for the position and that hiring a foreign worker will not adversely affect US wages and working conditions. asserted
hiring → seek → wages
What Benny Johnson claimed about Indian markets Reacting to the restrictions, Johnson claimed that the Indian stock market had crashed because of the administration's action against the tech companies. asserted
market → claim → companies
“The largest IT outsourcing firms in the world, Cognizant, Infosys, Tata, Wipro, HCL and Capgemini were removed from the Permanent Labor Certification Program,” Johnson wrote on X. He also claimed that 75 per cent of Cognizant employees in the US were Indian nationals and pointed out that Infosys, Tata, Wipro and HCL were based in India. asserted
Infosys → remove → India
Johnson further alleged that these companies had sought millions of foreign workers over the years and questioned whether India's economy was based on “scamming” the US. asserted
economy → allege → US
However, a community note attached to Johnson's post pointed out that Indian stock markets had closed hours before the US administration announced the restrictions on October 8. asserted
administration → attach → October
This undermined the claim that the announcement had caused the market to crash that day. uncertain
market → undermine → claim
Users question US official D'Esposito's brief response to Johnson's post prompted criticism from users who questioned why a senior US official appeared to engage with a claim contradicted by the community note. uncertain
official → question → note
“How do you became inspector general, without even knowing the facts? asserted
you → become → facts
Read the community notes,” one user wrote. asserted
user → read → notes
Another user criticised the apparent amplification of the claim, writing: “Top US official is spreading fake news that Indian markets collapsed. uncertain
markets → criticise → news
And they have the gall to call Indians ‘scammers.’ asserted
they → have → Indians
While Indian benchmark indices fell sharply on Thursday, the decline was attributed to rising crude oil prices, the Reserve Bank of India's rate hike, and foreign investor outflows. asserted
decline → fall → India
On Friday, October 9, the Sensex and Nifty rebounded in early trade after two sessions of losses. asserted
Sensex → rebound → losses
The 30-share BSE Sensex rose 292 points to 71,876.10, while the NSE Nifty gained 84.60 points to 22,310.40. asserted
Nifty → rise → 22,310.40
Tata Consultancy Services (TCS) shares surged more than 4 per cent after the company reported a 15 per cent year-on-year rise in net profit to Rs 13,884 crore. asserted
company → surge → crore
The controversy comes amid heightened scrutiny of Indian technology companies and foreign worker programmes under the Trump administration. asserted
controversy → come → administration
The latest PERM suspensions could affect the green card sponsorship process for employees of the companies involved, although the move does not, by itself, mean that all their Indian employees have lost their jobs or visas. uncertain
employees → affect → jobs
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