Trump Passes Order To Fix U.S. Infrastructure: ETFs In Focus

President Donald Trump’s most recent activity involves passing an executive order aimed at reducing restrictions and regulatory burden in order to speed up infrastructure projects. This revokes an Obama-era rule aimed at imposing strict reviews of projects in flood-prone areas in order to battle sea-level rise and flooding. The Obama-era rule required scientific factoring of how infrastructure projects would withstand floods and rise in sea level. Eliminating this rule means focusing on short-term gains and ignoring long-term outlook.

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Source: Seeking Alpha

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