In what has been termed the most aggressive domestic spending rewrite in decades, the U.S. Senate passed a broad policy package on Tuesday that reduces federal benefits for low-income Americans, redraws healthcare mandates, and, at the same time, sows the seeds of new equity exposure through so-called “Trump Accounts” for babies.
As the bill remains pending final passage in the House, market participants are already assessing how this fiscal reshaping might impact asset classes. ETFs, as ever, provide a window into which industries might take the hit or capture the gain.
