Member Login | Member Directory | Contact Us

U.S. Chamber of Commerce rep offers post-election forecast for president, Congress

Neil Bradley speaks virtually at Tulsa Regional Chamber Joint Executive Committee Meeting

Published Tuesday, November 19, 2024 3:00 pm
by Rhett Morgan

A U.S. Chamber of Commerce representative on Monday briefed a gathering of Tulsa Regional Chamber volunteer leaders on what to expect from President-elect Donald Trump and the new Republican-controlled Congress in 2025 and beyond.

Former Sapulpan Neil Bradley, executive vice president, chief policy officer and head of strategic advocacy for the U.S. Chamber of Commerce, appeared virtually at the Joint 2024-25 Executive Committee Meeting at the Chamber offices.

At the U.S. Chamber, Bradley has led the national discussion on hundreds of high-profile policy issues, influencing legislation at the federal, state and local levels.

By defeating Democratic challenger and Vice President Kamala Harris, Trump, a Republican, became only the second U.S. president elected to nonconsecutive terms, joining Grover Cleveland.

Bradley said Trump will make slicing government regulations a priority.

“Trump’s made it clear that he’s going to use some of the authorities both he and Congress have through different pathways to reverse a lot of the regulations, particularly on energy and environmental issues,” Bradley said. “A lot of the regulations on labor are likely to be undone.

“Certainly, a lot of the financial services and banking regulations…will likely be reversed. This will be a big part of the focus of the administration really for the first year.”

Bradley said he also expects Trump to make good on his campaign promise to hike duties on foreign goods.

“President-elect Trump is talking about across-the-board 10% and 20% tariffs on all imports,” he said. “That would be, if he went that direction, unprecedented in modern American history.

“You’re talking about significant disruptions in supply chain, impact on consumers…And, of course, we would expect retaliation from other countries imposing tariffs on our exports. That could hit certain manufacturers, U.S. agriculture particularly hard.”

Presumably, Trump will have a clear path to enact his agenda. Republicans are scheduled to assume control of the U.S. government by the third week of January, with the party holding majorities in the House and Senate.

There is still going to be a need to find bipartisan coalitions to keep the government funded, to address other important issues that aren’t fiscally related,” Bradley said. “So, if people are thinking the president has unified control and has chances to really move things through as we saw even in the first Trump administration, there are just a lot of barriers to doing that. It’s just still incredibly hard to legislate even under unified government in Washington, D.C.”

 

Contact Information

Back to top