Goldman Sachs CEO David Solomon is expecting the incoming administration to take a more business-friendly approach, shifting focus toward deregulation.
It’s a move he argues will stimulate economic growth and benefit businesses across the country.
During a discussion at the National Retail Federation’s (NRF) 2025 Retail’s Big Show, Solomon said the “regulatory pendulum had swung very hard over the course of the last 3 or 4 years.” In turn, chief executive officers were forced to hold back on investments due to regulatory pressure, Solomon said.
“This administration has sent a clear message that they want to swing that pendulum back,” Solomotold NRF CEO Matt Shay. “That’s very constructive for growth and investment.”
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Solomon continued saying that the “the tone of deregulation is a very powerful catalyst for investment.”
New York investment firm Invesco published a report last month that also …