Industry Newsbankingasset managementcryptofossil fuels
Trump Administration Enriches Wall Street and Billionaires
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6.2
In 2025, during the first year of President Donald Trump’s second term, Wall Street, crypto firms, fossil-fuel companies, and aligned asset managers benefited from deregulatory policies, appointments, and White House fundraising ties. Bank stocks rose about 29% and JPMorgan CEO Jamie Dimon gained roughly $770 million in 2025, while pro-crypto enforcement actions eased and fossil-fuel permitting expanded, signaling broad corporate gains from policy shifts.
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