The Pros and Cons of a Second Trump Term for Tech
After Thursday night’s presidential debate, the prospects of another Donald Trump administration seem, well…inevitable. (Don’t shoot the messenger!) For tech folks, that heralds a friendlier regulatory regime toward crypto for sure and probably also toward tech M&A, given the freeze imposed on even the tiniest of deals by President Joe Biden’s antitrust crew.
Indeed, the business-friendly impact of the first Trump administration can be seen in Supreme Court rulings on Thursday and Friday weakening the power of federal government agencies. That aside, though, let’s not overstate the positive impact on tech of a second Trump administration—after all, Trump wasn’t exactly a fan of tech when he was in the White House the first time.