Valor had the privilege of speaking at the J.Safra Brazil Conference 2024, where our Founding Partner, Cliff Sobel, and Managing Partner, Dan Schulman, were featured panelists alongside our Venture Partner, Brian Brooks. The panel focused on a critical topic: “What to Expect from a Donald Trump or Kamala Harris Administration?”
This thought-provoking discussion examined the potential policy directions each administration might take and the implications for businesses and global economies. Key topics included:
1. Geopolitical Landscape
The panel explored the geopolitical strategies of both Trump and Harris administrations, including how each would manage relations with key nations like China and Ukraine.
2. Tax and Economic Policy
Tax reform was a central point of discussion. The Harris administration would likely favor raising corporate taxes and increasing taxes on high-income earners. In contrast, Trump would aim to extend or further lower corporate taxes to boost economic growth. The panel highlighted how these tax policies would impact businesses and the overall U.S. economic outlook.
3. Energy Policy
Energy policy remains a dividing line between the two candidates. Trump is expected to continue supporting traditional energy sectors like oil and gas, increasing production and reducing energy costs. Harris, on the other hand, would prioritize clean energy initiatives, which could lead to significant shifts in the energy market.
4. Digital Finance & Blockchain
One of the most forward-looking aspects of the conversation was the role of digital finance and blockchain technology in the global economy. Brian Brooks emphasized the growing importance of regulatory frameworks to manage the tokenization of the economy. The panel noted that Brazil is leading the way globally in digital finance, with its Central Bank pioneering advancements in blockchain infrastructure. Both the Trump and Harris campaigns recognize the need for the U.S. to develop a more comprehensive digital finance strategy.
5. A Divided Government?
The discussion also touched on the possibility of a divided U.S. government, with a split Congress and Senate potentially leading to greater compromises on critical policy issues. A Trump victory could lead to a Republican-controlled House and Senate, while a Harris win might result in a more complex, split government scenario.
This engaging panel provided a unique opportunity to delve into how the 2024 U.S. election could shape future policy directions and their impact on the global stage and technology markets. As Valor Capital Group continues to navigate the intersection of policy & regulation, and technology & innovation, we are committed to staying at the forefront of these critical discussions.