When President Donald Trump was elected president for the second time, many in the financial industry cheered, excited by the prospect of tax cuts and a friendlier regulatory environment. So the last few months have taken many in the industry by surprise, as the Trump administration has pursued policies like far-reaching tariffs and trade wars that have markets falling and a recession looking increasingly likely.
David Solomon, CEO of investment bank Goldman Sachs, says the business community is now dealing with a ton of uncertainty. Leaders and investors have been asking for more clarity.
