First Blush: Trump’s independence key to reducing regulations

Pundits expected the Republican Party to implode, but with the Democratic Party’s failure to craft a message that appealed to working poor and rural whites, it is the Democratic brand that is now under serious fire. This failure to connect with a significant portion of voters resulted in a lost opportunity to control the Senate, leaving both chambers of Congress to the Republican Party and the Oval Office in the hands of a president who is an independent disguising as a Republican.
Holders of capital should see an increased amount of deregulation from the Congress as a result. This realization may have had an impact on stock prices the morning after the election as markets priced in Mr Trump’s victory. Democrats in the Senate still have filibuster capabilities. Trump and Company will have to use their deal making skills to skirt this obstacle if measures to reduce regulations are to move forward.

About Alton Drew

Alton Drew brings a straight forward and insightful brand of political market intelligence. Alton Drew graduated from the Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). You can also follow Alton Drew on Twitter @altondrew.
This entry was posted in capital, commerce, Congress, Donald Trump, Economy, Financial Regulation, GOP, Uncategorized and tagged , , , . Bookmark the permalink.

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