Phyrex
Phyrex|4月 08, 2025 17:26
During the 2024 presidential election, the main political donations on Wall Street went to Biden and the Democratic Party. Although Trump has also received some financial support, it mainly comes from real estate, traditional energy industries (such as oil and gas), as well as some small and medium-sized business owners or conservative tycoons. The core reason for this donation tendency is not ideology, but Wall Street's preference for a "stable and predictable policy environment," which is often reflected in the Democratic Party. Although the Democratic Party may be more strict in taxation and supervision, its policy implementation is more "script oriented", while Trump's style has obvious uncertainty and risk of "sudden turn". Talking to people means that Wall Street is more afraid of uncertainty than paying more taxes. And indeed, the current result is that when Trump came to power, there were a lot of uncertainties and unstable factors.
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