Does the H-1b Proclamation effect Extensions of Status and Visa Stamping

I address the million dollar questions for current H-1b visa status holders, can they extend their H-1b status and renew their H-1b visas. The preliminary interpretation of additional guidance seems to suggest the answer to both these questions is “Yes”. The proclamation does not apply to individuals with approved H-1b petitions before September 21. It only applies to trul

y “NEW” H-1b petitions, individuals seeking H-1b status for the first time, and filed after September 21.