With the election now behind us, it is time to begin planning for the Trump administration to take power on January 20, 2017. Analysts widely anticipate that the Trump administration will move quickly to alter or reverse many executive orders and rulemakings, as well as to tackle healthcare and tax reform with Congress. Industries such as education, energy, and financial services are among the most likely to be impacted by significant regulatory and legislative activity in 2017.
Organizations should start planning now for these federal proceedings. Business leaders would be prudent to review regulations of particular concern to their industries and begin working with stakeholders to formulate policy proposals and advocacy strategies that will be ready to go by January 3rd, 2017, when the new Congress goes into session.
Organizations interested in influencing policy decisions are advised to budget time and funds to visit with policymakers and draft related regulatory comment letters, proposed legislation, and white papers.
A new presidential administration signals an era of uncertainty and possibility. Across industries, organizations are poised to face unknown legal challenges as well as emerging economic opportunities. Business leaders do not have to navigate this uncharted territory alone. If you have questions about federal policy, upcoming legislative activity, or the effects the Trump administration may have on your business, please contact us.
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