President Trump’s Impact on Business

by Mark Beck, COO, ECRM

Now that it is official and Donald J. Trump has been sworn in as the 45th President of the Unites States, he has promised to promote sweeping, potentially dramatic changes to our government that could have a big impact on all Americans.

In particular, President Trump has vowed to slash government regulations that could reduce the regulatory cost to businesses by at least 10%. More specifically, he is likely to nominate more conservative members to the National Labor Relations Boards which may lead to more business-friendly decisions.  He may rescind changes to the EEO-1 reporting requirements that were to go into effect next year. He is expected to appoint more conservative judges to federal courts, including the Supreme Court.  Many are speculating that he may also require more employers to use the E-Verify system. He can also change the labor law landscape by rolling back many of former President Obama’s executive orders and dismantling Obamacare.

Our Human Resources team at East Coast Risk Management will be monitoring any changes that impact our clients and we will, of course, keep you informed through notices and this blog.   On behalf of the entire team, thank you for your continued interest and support of ECRM.

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