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Trump, Musk, and the future of DOGE & the debt ceiling

DeFi Daily News by DeFi Daily News
December 20, 2024
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#trump #musk #doge #yahoofinance #capitolgains

President-elect Donald Trump continues to dominate news headlines as the world awaits the former commander-in-chief’s return to the White House. This week, the president-elect not only delivered remarks for the first time since his Election Day victory but was put into the spotlight for his comments regarding abolishing the debt ceiling and Elon Musk’s evergrowing involvement with the incoming Trump administration. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman get into these news headlines as well as what could be expected in Trump’s White House.“I kind of feel like Trump the second time around might delegate a lot more than he did the first time around,” Newman says.”He’s older. He has a clearer sense of the people he wants in place who are going to do what he wants instead of trying to block what he wants to do. He seems to be setting it up that way, so maybe he will be quite happy to delegate to Elon Musk or you could have two gigantic egos that can’t fit inside the same city.” Later in the show, London Business School Assistant Professor of Economics Joseba Martinez joins the show to discuss the debt ceiling, corporate tax rates, and what needs to be done to maximize economic prosperity in the United States. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. This post was written by Lauren Pokedoff

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Tags: BondsbusinessCeilingCurrenciesDebtdogeEquitiesfutureFXInvestingInvestmentMarketMarketsMoneyMuskNewsNYSEPersonal FinancePoliticsSavingsStock marketstocksTrumpYahoo FinanceYahoo FInance Premium
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