Government Archive

As the construction industry prepares for the effects of Present-elect Donald Trump’s economic policies—such as tariffs on imported materials, reduced tax rates and deregulation—credit managers face both opportunities and risks. While these measures could stimulate industry growth, they also have the potential to drive inflation, increase interest rates and escalate government debt.

Sanctions were a cornerstone of President-Elect Donald Trump’s first administration’s foreign policy strategy. Following his victory in the 2024 election, many are expecting to see an increase in sanctions and tariffs, but the extent is still unclear.

With Donald Trump’s victory in the 2024 U.S. presidential election, credit managers are facing a new political landscape that will directly influence the economy and credit risk management.

While the outcome of the election, and which party is in control of the House, Senate and Presidency, is justifiably the main focus of the general public, for Washington insiders, there is a critical election coming up later in November that will have almost as much impact—who will replace Mitch McConnell as the next leader of the Senate GOP. Three Senators are actively running for the position: John Thune (SD), John Cornyn (TX) and Rick Scott (FL).

Now that we have some details about each Presidential candidate’s economic plan, there are a few interesting finds. In some cases, the policies are not too different or are even the same. But on most issues, the approaches are wildly different, and with many of the 2017 Trump tax cuts expiring in 2025, next year will be pivotal in determining tax policy for the next five to ten years.

What a rollercoaster. Now that we have a new Democratic nominee for the presidential race, along with both vice president picks, we’re expecting to see the race to settle a bit over the next few weeks. Congress will come back from the August recess in mid-September to pass a government funding bill, most likely a Continuing Resolution, either through December or early next year, just to get through the election.

Many parts of the country, including Washington D.C., are experiencing the hottest summer on record. But nowhere is this truer than on the Presidential campaign trail.

After a very brief ‘shutdown’ in the wee hours of Saturday, March 23, Congress finally got its work done to fund the government. Neither Democrats nor Republicans were particularly pleased with the outcome; the hallmark of a successful compromise. Unfortunately for Speaker Mike Johnson, who currently has a one-vote majority in the House and a small but vocal faction of his Caucus that has threatened to oust him, this isn’t something he can just brush over.