Elon Musk Backs Trump, Seeks Regulatory Power Over U.S. Agencies Amid Disputes

Oct 20, 2024, 02:03 PM

Elon Musk has aligned his considerable resources and influence with Donald Trump's presidential campaign, seeking to gain regulatory power over U.S. agencies that oversee his business interests. Reports indicate that Musk is engaged in ongoing disputes with multiple federal agencies, including the FAA, DOJ, FCC, FTC, Interior, EEOC, NLRB, and EPA. In exchange for his support, Trump has promised Musk significant authority to regulate these agencies, which could reshape the landscape of federal oversight for Musk's ventures. This relationship raises questions about the implications of a Trump presidency for government regulation and corporate influence.