
Daybreak Weekend: Crypto Recap, Macau Recovery, Congress Wraps Up 2023
Bloomberg Daybreak: Asia Edition
00:00
Congress' Lack of Legislative Action Benefits Wall Street
This chapter explores how the U.S. Congress passing the fewest laws in decades has benefited major players on Wall Street. It discusses the winners, such as banks, the tech industry, and the railroad industry, while also highlighting industries like crypto and semiconductors that pushed for legislation, but failed. The chapter concludes by mentioning key issues that Congress needs to address in the near future.
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