Disney CEO Bob Iger calls Trump's DACA shutdown 'cruel and misguided'
"The Dreamers impacted by this cruel and misguided decision make significant contributions to our economy and our country," Iger said in a statement.
"I urge Congress to take immediate bipartisan action to pass legislation that will protect these innocent people," Iger added.
DACA, an Obama-era policy, prevented the deportation of around 800,000 young immigrants living in the country illegally after being brought to the US as minors.
President Trump said in a statement on Tuesday that the action was taken in order to prompt a permanent legislative solution to the issue.
"There can be no path to principled immigration reform if the executive branch is able to rewrite or nullify federal laws at will," Trump said, adding, "It is now time for Congress to act!"
Many congressional Democrats have also condemned the action, labeling it "heartless" and "shameful."
Michelle Mark contributed reporting to this article.