The new Trump era
Omar Franco, head of the Federal Lobbying Practice at the American firm Becker & Poliakoff, analyzes Donald Trump’s regulatory agenda for his upcoming administration
by mercedes galán
With Donald Trump’s return to the center of the political stage, the United States is preparing for a new phase under his leadership. His message, once again based on the slogan “America First,” promises to shake up the political and social landscape, generating both hope and concern. As this era begins to take shape, key questions arise about its implications for public policy, international relations, and social stability. Iberian Lawyer spoke with Omar Franco, head of the Federal Lobbying Practice at the American firm Becker & Poliakoff, about what many are already calling the new Trump era.
What are the main economic priorities of President-Elect Donald Trump for his next term?
Trump’s economic agenda focuses on protectionism, deregulation, and innovation. Key priorities include tax cuts, deregulation in the financial and environmental sectors, increased tariffs, and promoting cryptocurrencies. These measures aim to stimulate domestic growth and may be complemented by spending cuts to balance public finances.
What changes is he proposing regarding taxes and financial services?
Trump plans to extend the 2017 tax cuts, which include reductions for individuals and businesses and are set to expire in 2025. Additionally, he proposes lowering the corporate tax rate from 21% to 15% to encourage business investment. He also suggests eliminating taxes on tips and Social Security benefits to improve financial security for workers and retirees. In financial services, he seeks to loosen the DoddFrank Act by reducing regulations affecting small and medium-sized banks and adjusting the Volcker Rule to allow more freedom in banking investments.
