These Companies Got a Fresh Start After Trump Took Office – Here’s What Changed

3 Min Read

The corporate world is witnessing a dramatic shift as President Trump’s new administration reshapes business regulations. Just weeks into his second term, federal agencies are wiping the slate clean for some major companies while leaving others to fend for themselves.

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Crypto giants are already celebrating—Coinbase, OpenSea, and Robinhood are among the biggest winners, with federal investigations abruptly dropped. But not all industries are getting a break, as legal battles against Big Tech—Apple, Google, Meta, Amazon, and Ticketmaster—continue at full force.

SpaceX Dodges DOJ Lawsuit

Elon Musk’s SpaceX is off the hook as the Department of Justice moves to dismiss a 2023 lawsuit accusing the company of hiring discrimination. The case, which claimed SpaceX discouraged refugees and asylees from applying by misrepresenting hiring laws, has been quietly shelved. Musk’s growing influence in Washington—despite no formal position—raises eyebrows as watchdog groups question his ties to the Trump administration.
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Coinbase Sees SEC Lawsuit Vanish

Crypto regulation is getting a major overhaul, and Coinbase is the first to benefit. The SEC has abandoned its lawsuit against the exchange, marking a clear shift toward a more business-friendly approach to digital assets. CEO Brian Armstrong hailed the decision as a “huge day” for the company, reinforcing expectations that crypto oversight will be significantly eased under Trump.

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OpenSea and Robinhood Join the Winners’ Circle

The NFT marketplace OpenSea and trading platform Robinhood are also breathing sighs of relief. The SEC has closed its investigations into both companies, signaling a broader regulatory rollback for digital finance. OpenSea’s CEO called the decision a “win for innovation,” while Robinhood’s legal team praised the SEC for finally showing “commitment to fairness.”

CFPB Drops Key Lawsuits, Giving Major Banks a Reprieve

The Consumer Financial Protection Bureau (CFPB) has ended four high-profile enforcement actions against major financial players, including Capitol One and Berkshire Hathaway’s Vanderbilt Mortgage. Accused of unfair lending and deceptive practices under Biden, these companies are now free from legal scrutiny as the CFPB undergoes a radical transformation—downsizing, firing employees, and halting investigations.

Big Tech Still Under Fire

While crypto and finance firms are off the hook, the Biden-era antitrust crusade against tech behemoths is still alive. The DOJ is moving full steam ahead with lawsuits against Ticketmaster, Google, Meta, Amazon, and Apple. The case against Ticketmaster aims to dismantle its dominance over live entertainment, while Google faces the possibility of being forced to sell Chrome. Trials are looming, and the outcomes could reshape the digital landscape.

As the Trump administration redraws the regulatory map, the corporate battlefield is shifting fast. Some companies are emerging unscathed, while others face prolonged legal fights. One thing is clear—business under Trump is anything but predictable.

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