Deals
Trump Wants More IPOs. For Now, He Wants Border Wall More
- Boosting shares sales topped president’s agenda for SEC
- Shutdown means agency officials can’t approve offerings
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Softening Rules and enticing more companies to go public have always been President Donald Trump’s top priorities for the Wall Street deals lawyer he picked to run the Securities and Exchange Commission.
But Trump’s refusal to reopen the government unless Democratic lawmakers agree to fund a U.S.-Mexico border wall has put a critical component of the pro-business agenda on hold. As long as the partial shutdown persists, SEC Chairman Jay Clayton’s agency can’t approve stock sales.