2024 US Election Outlook: How Trump, Harris Could Affect Economic Policies

Regulatory Analysis: Mitchell McVeigh, Abigail Arndt, Eleanor Moreau Relevant Documents: Trump Campaign Platform Harris Economic Plan The U.S. presidential election, mere days away, could have profound effects across the U.S. and world economy. In this article, the litigation, regulatory and legislative desk at Octus, formerly Reorg, examines the platforms of former President Donald Trump and Vice President Kamala Harris in the following subject areas: tariffs, taxes, mergers and antitrust, financial services, crypto, telecom, healthcare, manufacturing, energy, housing, and private prisons. Generally, Trump seeks to roll back President Joe Biden’s regulatory program, including regulations and enforcement actions related to financial services, crypto and energy sectors. Additionally, under Trump, antitrust agencies would likely take a comparatively restrained approach to merger enforcement. While Harris would likely maintain tough regulatory postures in these areas, she reportedly has closer ties to the business community than Biden, which could result in a slightly more permissive enforcement stance. Tariffs are a central component of Trump’s campaign, and if implemented they would threaten disruption across a variety of sectors. Additionally, many of the tax cuts passed during Trump’s first term will expire in 2025, meaning tax policy debates will dominate the beginning of the next Congress. Both candidates[...]