One of the main theme's of the Trump 2.0 economic agenda is restoring the middle class. Something that was on the verge of happening at the end of Trump's first time.
Prices went up on everything under the Biden administration. Unfortunately, wage growth has not.
But one financial advisor has a big idea on how to help, and it's pretty simple. Changing the rules of the stock market would change things dramatically for the middle class.
"It used to be that we were taking 3 or 4 companies public a week, and you always had a few hundred shares for people, so they would get direct access to those transactions" said Mark Mazman.
But, thanks to companies like Enron, all of that changed in the early 2000's.
"We've regulated ourselves into a situation where it's just easier for companies to sell to private equity, than it is to go public" Mazman told KTRH.
A very interesting idea, the real question is, will it ever really happen?
"It would be very easy to see it happen" noted Mazman, "It's extremely unlikely that it would happen, because the interests of the large banks and PE funds, changing this to give the public access to these securities would hurt their sponsors."
He also adds that Congress and the Senate are to blame, because change would impact the campaign donations they receive.