The Presidential Daily Brief

Important

  1. Pollution

    Business Optimism Rises With U.S. War on Regulations

    The brakes are off. Though the Trump administration has rolled back a relatively small number of regulations, some business leaders say the optimism engendered by knowing further restrictions are unlikely during Trump’s term has boosted the economy. While regulatory rollbacks haven’t been shown to boost growth by themselves, some analysts say knowing they won’t have to cope with more costs from avoiding environmental impacts or deceptive marketing practices, for instance, may give business decision makers confidence. That could boost hiring — and even potentially raise long-stagnant wages.

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