BY ELLIOT GANZ, EXECUTIVE VICE PRESIDENT, HEAD OF ADVOCACY. This article originally appeared in the 2024 Winter Edition of Loans Magazine. A series of momentous political and judicial developments in 2024 have dramatically shifted the ground for the legislative, regulatory and judicial treatment of U.S. financial markets, including the syndicated loan and private corporate credit (PCC) markets. The election of Donald Trump as president, coupled with a sweep of both houses of Congress by the Republicans, will result in a change of the heads of most of the federal regulatory agencies. Those changes will result in a change in the agencies’ priorities and, likely, a much more business friendly approach. On the judicial front, three significant administrative law rulings by the Supreme Court will have immediate and long-term ramifications. Finally, the Trump administration will be standing up the Department of Government Efficiency (the “DOGE”), a quasi-government vehicle led by Elon Musk that is tasked with restructuring the federal government and removing regulations to reduce costs and increase efficiency. We believe that this confluence of political, quasi-political and judicial changes may open avenues and opportunities for proactive political advocacy in 2025 that we have not seen for several years.

To read the complete article, you must log in

You don't have permission to view this page! Make sure you're logged in and try again, or contact support.