Wall Street traders know what to expect from Donald Trump’s White House return: policy shifts rolled out in late night social-media posts, threats to trading partners, and plenty of market volatility.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Bill Gates is among the billionaires who’ve met with Donald Trump before the former president returns to office. In an interview with WSJ, Gates said they spoke about global health issues, and he was “impressed” with Trump’s interest.
Voter support many of his second-term goals. They are just not on board with all the ways he wants to accomplish them.
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom. One appointment is emblematic of the coming shift. Gary Gensler,
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.
Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company buybacks in at least five years.
In an interview with Wall Street Journal Editor in Chief Emma Tucker, the Microsoft co-founder said he and the president-elect discussed HIV, polio and global health.
"I had a chance to go have a long and actually quite intriguing dinner with him," Gates told The Wall Street Journal.
Trump's incoming "border czar" Tim Homan told ABC News late Saturday that they are now "reviewing any plans in Chicago because of the leak," adding that news reports may have potentially put officer safety at risk.