CEOs prepare for Trump administration


President-elect Trump will take office on Monday, and Wall Street and Corporate America are preparing for the biggest change of the past four years. Trump has promised to push his pro-growth policies with tax cuts and big moves that will hit industries like energy and crypto and what he sees as a bloated federal workforce. He will also inherit a bloated national debt.

In this special edition of the FOX Business Rundown Newsletter, we take a look at what we’ll see in the coming months.

WALL STREET CELEBRATES: Stocks ended the week on a high note before Trump took office. The Dow and S&P 500 had their best week since his election victorymore on the markets here. In the world of crypto, bitcoin is now trading at over $100,000…Live cryptocurrency prices here.

Reducing inflation will also be on the president’s plate. Here’s the latest on where consumer prices stand…continue reading here.

VIDEO: Trading app Robinhood’s head of crypto offers perspective on Trump’s impact on the industry.

NATIONAL DEBT BOMB: Trillions in national debt is an Achilles heel for the US…continue reading here.

DOGE: The Department for Government Efficiency, led by Elon Musk, is already aiming to trim the fat in efforts to save what it estimates could be $2 trillion in government waste…continue reading here.

DEEP POCKETS: Fortune 500 giants, including Meta, Amazon, Ford and Boeing, to name a few, opened their coffers for Trump’s inauguration, donating a staggering sum…continue reading here.

ONE TO ONE: Many CEOs made a trip to Mar-a-Lago to break bread with Trump after his victory in November…continue reading here.

CEO of WALMART: As FOX Business exclusively reported, Walmart, the world’s largest retailer, had a productive meeting…continue reading here.

VIDEO: Walmart CFO gives business update, especially food.

HE DID NOT WAKE UP AGAIN: Trump removed the wake during the campaign. In recent weeks, a slew of companies have begun reversing their DEI policies…continue reading here. In Meta’s case, CEO Mark Zuckerberg blamed his former right-hand man for the push to the left…continue reading here.

TRUMP ENTRY TERM

HEAD OF TREASURY: Scott Bessent, Trump’s Treasury pick, earned high marks in his confirmation hearing, shutting down Bernie Sanders…continue reading here. He also promised to run the IRS by treating all taxpayers equally…continue reading here.

VIDEO: Bessent also promises to make Trump’s tax cuts permanent in 2017.

TAX ADVICE: WHAT TO KNOW

“DRILL, BABY, TRILL”: Biden pushed for a drilling ban during his final days in office. The move angered Trump, who says he will reverse it on the 1stcontinue reading here. Elsewhere, Trump’s pick to lead the Department of Energy is set to hit the ground running…continue reading here.

VIDEO: Trump explains how he will make America energy independent…again.

TIKTOK AND CHINA: The ban on TikTok in the United States will begin on Sunday, hours before Monday’s inauguration. A famous investor says he has $20 billion lined up for the social media appcontinue reading here.

MAKE A CAKE AND A SMILE: It’s no secret that Trump loves a Diet Coke, so the soda maker gave him a special treatcontinue reading here.

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