Wall Street is urging President Donald Trump to provide more clarity on his policy agenda, citing uncertainty as a major obstacle to dealmaking activity. Goldman Sachs Group Inc. CEO David Solomon expressed concerns about the impact of tariffs and regulations on business investment and growth.
Solomon stated that the level of uncertainty is higher than usual, keeping some transactions “on the sidelines.” However, he remains optimistic that mergers and capital-markets activity will pick up throughout the year, driven by promised regulatory cuts. Tax and energy policy are key areas of focus for business leaders, who differ in their tone and communication with the administration compared to former President Joe Biden.
Trump’s recent address to corporate America highlighted concerns about potential tariffs and rising interest rates, sparking global stock market uncertainty. Despite this, Trump has expressed confidence in the US economy’s future growth, labeling it set to “boom.”
Source: https://fortune.com/2025/03/12/goldmans-solomon-says-ceos-want-policy-certainty-from-trump