The post Jim Cramer intensifies pressure on the Trump administration over deregulation delays appeared on BitcoinEthereumNews.com.

Jim Cramer, the host of CNBC’s Mad Money, pressed Trump’s administration on Tuesday regarding deregulation delays. Deregulation took center stage in Donald Trump’s presidency as he pursued a reduction in government oversight and rule-making based on a philosophy protecting individual, community, and enterprise freedoms. CNBC’s Jim Cramer questioned the Trump administration’s deregulation delays, pointing out that so far, the Trump administration’s “big stick, small carrot” had stifled “the bulls”. Particularly, he questioned why the White House had not rolled back the restrictions on AI chip exports put in place by the Biden administration, terming the rules as arbitrary and “needless red tape”.  Across the more than 400 federal agencies that regulate almost every aspect of American life, from flying in airplanes to processing poultry, Trump’s appointees are working with the Department of Government Efficiency, the cost-cutting initiative headed by Elon Musk, to launch a sweeping new phase in their quest to dismantle much of the federal government—deregulation on a mass scale.  Cramer calls for faster rollbacks of Biden’s regulations  Cramer raised concerns over delays by the White House in rolling back the restrictions on AI chip exports put in place by the Biden administration. He claimed that the regulations enacted during the last days of former President Joe Biden’s term-limited many countries’ access to U.S. chips, although officials said the rules were intended to protect the country’s AI technology. However, big Tech firms like Nvidia have pushed back, saying the restrictions crippled economic growth.  Cramer asserted that the market was currently boosted by earnings results from six major banks, including JPMorgan, Morgan Stanley, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo. However, he pointed out that the Trump administration had not worked to remove an asset cap on Wells Fargo. Cramer also wondered why regulators had not approved Capital…

---

Filed under: News - @ April 16, 2025 9:22 am