Trump is President Again!

This was the moment Trump won; it was a powerful image that people across America saw. Donald Trump becomes only the second President to win two non-consecutive terms. The last time it happened, it was way back in 1892.

In Trump 2.0 govt, we can expect non-stop action in US Economic activity and some serious efforts to reduce prices of food and consumer products, and gasoline prices (WTI Crude Oil derivative), to reduce the cost of living for the average American citizens, who constitute the largest voter base for Trump.

In Trump 2.0 govt, we can expect new schemes and benefits for small businesses across America. No wonder, Russell 2000 index is a big gainer today.

https://www.tradingview.com/x/KmUCwP8w/

In Trump 2.0 govt, we can also expect significant reduction in US Federal Govt spending, based on the findings and recommendations of the Financial and Performance Audit done by the new “Govt Efficiency” department to be led by Elon Musk. No wonder, Tesla stock is up 15% today.

Overall, a new innings for America is going to start from Jan 2025, and the world is much different than it was in Jan 2017. Wishing all the best to people across America!

 

Elad Roisman Sworn In As SEC Commissioner

Elad L. Roisman has been sworn into office as an SEC Commissioner by SEC Chairman Jay Clayton. Mr. Roisman was nominated to the SEC by President Donald J. Trump and his nomination was confirmed by the U.S. Senate on September 5. Commissioner Roisman fills a term that expires on June 5, 2023.

“It is my honor to welcome Elad back to the Commission,” said SEC Chairman Jay Clayton. “Elad’s broad experience and previous work at the Commission will serve Main Street investors and our markets well.”

“I am excited to have the opportunity to be back working with the talented and hardworking people at the SEC, as well as with my fellow Commissioners,” said Commissioner Roisman. “I look forward to engaging with them and the public to carry out the SEC’s important mission.”

Commissioner Roisman comes to the SEC from the Senate Banking Committee, where he served as Chief Counsel. He previously served as Counsel to SEC Commissioner Daniel Gallagher and prior to that, as a Chief Counsel at NYSE Euronext. He also worked as an attorney at the law firm of Milbank, Tweed, Hadley & McCloy LLP where he served as an associate in the New York office. Commissioner Roisman earned his bachelor’s degree in History at Cornell University and his J.D. at the Boston University School of Law.