Steve Bannon Suggests There Are Too Many Asian CEOs In Silicon Valley

But Donald Trump says he wants them to stay because "we have to keep our talented people."
|

Steve Bannon, the man President-elect Donald Trump has chosen to be his chief strategist, expressed dismay at the number of tech execs who are immigrants from Asia.

But Trump, who has pledged to build a wall along the U.S. border with Mexico to keep people out, has said he wants immigrants educated at Ivy League universities and therefore capable of success to stay.

Bannon is the executive chairman of Breitbart News, a site that regularly airs white nationalist viewpointsHe and his beliefs have come under scrutiny since America’s next president appointed him to the senior leadership role in the incoming administration on Sunday. 

Trump was a guest on his Sirius XM “Breitbart News Daily” radio show when Bannon made the remarks on Nov. 5, 2015.

“People are coming in and they’re taking jobs and people are getting paid less money,” Trump said during the broadcast. “A lot of it has to do with borders.”

But people who are capable of making lots of money and building big businesses should stay, the New York businessman stressed.

“When someone is going to Harvard, Yale, Princeton, Penn, Stanford, all the greats” and then they graduate, “we throw them out of the country, and they can’t get back in,” Trump said.

“I think that’s terrible,” added Trump, who was a regular guest on the show. “We have to be careful of that, Steve. You know, we have to keep our talented people in this country.”

Trump asked Bannon if he agreed with him, but the Breitbart executive chairman seemed to have trouble responding to this suggestion.

“When two-thirds or three-quarters of the CEOs in Silicon Valley are from South Asia or from Asia, I think...” Bannon said. “A country is more than an economy. We’re a civic society.”

Bannon’s “facts” were, in fact, well off. A May 2015 study found that 27 percent of professionals working in Silicon Valley companies were Asian or Asian-American. They represented less than 19 percent of managers and under 14 percent of executives, according to the report.

During the exchange on Asian migrants, Trump told Bannon that he wanted people to come into the country.

“You got to remember, we’re Breitbart,” Bannon replied. “We’re the know-nothing vulgarians. So we’ve always got to be to the right of you on this.”

The future Republican president then moved on to tell Bannon of his plans to build a “great” wall as his central immigration policy.

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost

Before You Go

Donald Trump Win Sparks Protests Nationwide
(01 of18)
Open Image Modal
Demonstrators burn the U.S. flag outside Trump Tower during a march against President-elect Donald Trump in Manhattan, New York, U.S. November 9, 2016. REUTERS/Andrew Kelly (credit:Andrew Kelly / Reuters)
(02 of18)
Open Image Modal
People protest Donald Trumps presidency in New York City on Nov 9 2016 (credit:Amanda ChoyHuffington Post)
(03 of18)
Open Image Modal
Protesters, many carrying signs, march against President-elect Donald Trump in Manhattan, New York. (credit:Andy CampbellThe Huffington Post)
(04 of18)
Open Image Modal
People hold signs during a protest against a Trump presidency in New York City (credit:Amanda ChoyHuffington Post)
(05 of18)
Open Image Modal
Protesters in Manhattan, New York. (credit:Andy CampbellThe Huffington Post)
(06 of18)
Open Image Modal
Protesters take to the streets of Manhattan, New York. (credit:Andy CampbellThe Huffington Post)
(07 of18)
Open Image Modal
The Empire State Building is seen in the background as demonstrators take part in a protest march against President-elect Donald Trump in Manhattan, New York, U.S. November 9, 2016. REUTERS/Bria Webb (credit:Bria Webb / Reuters)
(08 of18)
Open Image Modal
People protest in New York City on November 9 2016 (credit:Amanda ChoyHuffington Post)
(09 of18)
Open Image Modal
Protesters reach Trump Tower as they march against Republican president-elect president Donald Trump in the neighborhood of Manhattan in New York, U.S., November 09, 2016. REUTERS/Eduardo Munoz (credit:Eduardo Munoz / Reuters)
(10 of18)
Open Image Modal
Protesters reach Trump Tower as they march against Republican president-elect Donald Trump in the neighborhood of Manhattan in New York, U.S., November 9, 2016. REUTERS/Eduardo Munoz (credit:Eduardo Munoz / Reuters)
(11 of18)
Open Image Modal
Hundreds of anti-Donald Trump protestors march on 6th Avenue on their way to Trump Tower, November 9, 2016 in New York City. (Photo by Drew Angerer/Getty Images) (credit:Drew Angerer via Getty Images)
(12 of18)
Open Image Modal
Protestors rally against Donald Trump in Union Square, November 9, 2016 in New York City. (Photo by Drew Angerer/Getty Images) (credit:Drew Angerer via Getty Images)
(13 of18)
Open Image Modal
Emma Esselstyn (C), a student at the University of Washington, joins thousands of protesters marching down 2nd Avenue on November 9, 2016 in Seattle. Demonstrations in multiple cities around the country were held the day after Donald Trump's upset win in the U.S. presidential election. (Photo by Karen Ducey/Getty Images) (credit:Karen Ducey via Getty Images)
(14 of18)
Open Image Modal
Demonstrators gather to rally against Donald Trump as president-elect at the Parkman Bandstand in Boston Common in Boston on Nov. 9, 2016. (Photo by John Blanding/The Boston Globe via Getty Images) (credit:Boston Globe via Getty Images)
(15 of18)
Open Image Modal
Robin Costroff, 28, protests with demonstrators against Republican Donald Trump's victory in Tuesday's U.S. presidential election in Philadelphia, November 9, 2016. REUTERS/Mark Makela (credit:Mark Makela / Reuters)
(16 of18)
Open Image Modal
Police detain a protester marching against President-elect Donald Trump in Oakland, California, U.S., November 9, 2016. REUTERS/Noah Berger (credit:Noah Berger / Reuters)
(17 of18)
Open Image Modal
Demonstrators carry placards in protest against the election of Republican Donald Trump as president of the United States, near the Trump International Hotel & Tower in Las Vegas, U.S. Nov. 9, 2016. REUTERS/David Becker (credit:David Becker / Reuters)
(18 of18)
Open Image Modal
A person holds up a peace sign during protests in New York City (credit:Amanda ChoyHuffington Post)