The dust has settled. Elections are over and we know the makeup of Congress and the Presidency for at least the next two years. If the Republicans can work together, and stay together, it’s likely they can get a lot accomplished in the next two years. It’s rare that one party controls the House, Senate and the Presidency. When it happens, things can actually get accomplished in Washington, DC. Whether they will or not, I’ll let you calculate the odds on that one.
What I do believe, is that 2025 is likely going to be interesting. President Trump is moving much quicker this time than he did in 2017 when he stepped into the White House. He’s much further ahead on his agenda, his team and his tactics. I suspect he’s going to come out of the gate swinging on January 20 after he takes the oath of office.
What can and should this industry expect? I’m hearing cautious optimism mostly. No one expects the wild swings in the market for the foreseeable future. It’s simply unlikely anything bad will happen to our industry in the form of legislative action in the next couple years for sure, and probably for the next four. I do believe you’ll continue to see multiple attempts to take away our rights at the state and local level, as well as the court system. So, there will certainly be some bumps in the road and some things we’ll need to fight.
