regulatory

In apparent response to the GOP wins, small-cap stocks, along with financial and traditional energy sectors — including oil, gas and coal — performed particularly well following the election and may continue to benefit from anticipated new policies, such as corporate tax cuts, reduced regulatory oversight for financial institutions and fewer environmental restrictions on fossil fuel production.

Musk’s aerospace company SpaceX has received billions of dollars in federal contracts, and could be line for more, while his five other businesses could gain from a lighter regulatory touch.

Also targeted by Ramaswamy for elimination when he was a presidential candidate: the FBI; the Bureau of Alcohol, Tobacco, Firearms and Explosives; the Nuclear Regulatory Commission and the Department of Agriculture’s Food and Nutrition Service.

In contrast to Woods’ advice, Trump promises to significantly cut funding for environmental regulatory agencies like the Environmental Protection Agency and National Oceanic and Atmospheric Administration.

He accused the agency of "regulatory overreach".