BB&T's Allison: Trump Focused on Significant Tax Reform

The transcript discusses the economic priorities of the president-elect, focusing on growth, tax reform, and regulatory changes. It highlights the belief in achieving higher growth rates and the willingness to incur short-term deficits. The conversation also covers the challenges of implementing regulatory reforms, the impact of healthcare on economic growth, and the potential for regulatory positions in the administration. The discussion concludes with a critique of Dodd Frank and its effects on small business and venture capital.

What is the primary economic focus of the president-elect according to the speaker?

• Expanding healthcare coverage

• Increasing infrastructure investments

• Achieving higher growth rates

• Reducing government spending

How does the speaker suggest handling short-term deficits?

• By increasing taxes

• By reducing infrastructure investments

• By cutting government spending

• By focusing on long-term growth

What is the speaker's view on infrastructure investments?

• They should be made only when necessary

• They are the best way to boost growth

• They should be prioritized over tax reforms

• They are always beneficial

What is the perceived impact of Obamacare according to the speaker?

• It has increased productivity in the medical industry

• It has improved healthcare efficiency

• It has reduced healthcare costs

• It has been a political burden for Democrats

What is the speaker's stance on Dodd-Frank?

• It has been beneficial for small businesses

• It has reduced regulatory costs

• It has improved economic growth

• It has harmed small business lending

What does The Choice Act propose regarding bank regulations?

• Elimination of all banking regulations

• Stricter regulations for small banks

• Exemption from regulation for banks with high capital

• Increased regulatory costs for all banks

What role does the speaker consider taking in the administration?

• A role in infrastructure development

• A position in the Department of Energy

• A regulatory role in the SEC or Fed

• A healthcare advisory position