Trump's early policy moves benefit the industries he knows best -- his own
Trump has been especially good news for the fields in which he has a personal interest.
By DARREN SAMUELSOHN 03/23/17 05:05 AM EDT
Donald Trump’s presidency has been good for business, with a soaring stock market, a freeze on new regulations and an Oval Office that appears to have an open door for CEOs. But Trump has been especially good news for the industries in which he has a personal interest: real estate, construction, entertainment, hospitality, gambling and, of course, golf.
Since taking office in January, Trump has made moves — from rolling back water quality permits to signaling big changes on overtime pay and internet betting — that benefit the fields he knows best. And his former peers — partners and competitors alike — are finding familiar faces in Trump’s White House and Cabinet agencies, who have the power to make even more of their wish lists come true.
High on Trump’s list of early executive orders was one signed in February that begins reversing an Obama-era rule that gave federal protection to rivers, streams and wetlands — a big win for golf course owners and superintendents who say the rule forced more paperwork and made them unfairly susceptible to environmental fines. The president owns a dozen U.S. courses and has spent considerable time on his links during his weekends away from the White House.
“This is the first time a president of the United States is someone so familiar with private clubs,” said Henry Wallmeyer, president and CEO of the National Club Association, the trade group for private clubs. “That’s a unique circumstance.”
Wallmeyer credited Trump for his moves to unravel the Obama water rule and welcomed the White House push to repeal the Affordable Care Act and its employer-sponsored health coverage requirements. “It’s what we’d hoped to see from this administration,” he said.
more
http://www.politico.com/story/2017/03/trump-business-policy-moves-ethics-236392
