In his remarkable run for the White House, billionaire real estate developer Donald J. Trump presented himself as the ultimate political outsider to leap-frog over 16 Republican primary opponents and went on to best the well-organized, well-financed campaign of Democratic Hillary Clinton on November 8. Mr. Trump is now poised to become the 45th president of the United States on January 20, 2017. And because Republicans have retained control of both the US Senate and House of Representatives, they will therefore control both political branches in Washington, DC.
Because he has no political track record, it’s too early to tell what specific actions Mr. Trump will take beyond the broad pronouncements he made during the campaign regarding immigration, trade, and regulation. What does seem clear, however, is that the regulation of business through federal executive agency rules will be less than what occurred during the Obama Administration, and this approach will “trickle down” through independent agencies as Mr. Trump’s appointees take their posts.
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