With just over two weeks until the 2024 U.S. election, the result will impact just about every corner of policy in Washington and beyond.
On The Call @ Hedgeye, Financials analyst Josh Steiner discussed how the financials sector – and especially crypto – could be significantly affected depending on who the next president will be.
“There are a lot of these factors that do swing very significantly on the election,” said Steiner. Key issues like Basel III endgame dynamics, CFPB late fee rule sets, and M&A outcomes could all see major shifts depending on the administration.
Crypto and Digital Assets are also a critical sector impacted by the election outcome. Did you know the largest PAC in Washington is the Digital Assets PAC? “It’s really creating just a wholesale reshaping of the thinking around of this asset class in Washington,” said Steiner.
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