President Donald Trump says he plans to offer a “gold card” visa with a path to citizenship for $5 million, replacing a 35-year-old visa for investors.

The Democratic lawmaker said the president's plan ignores talented individuals who don't have millions in their bank accounts.

U.S. President Donald Trump on Wednesday said his proposed $5 million "gold card" visa would help the country pay down its debt while offering top companies a way to attract top immigrant workers.