A Trump win should bode well for the mining industry. On the campaign trail, Trump promised to “Make the Miners Proud Again” and his election now opens the door for broad regulatory relief. Specifically, he promised to overturn the Stream Protection Rule and the Clean Power Plan, which may be tossed out by the Supreme Court when the current vacancy is filled. He has been quite vocal about his feelings toward climate change and unfair trade practices. Energy independence and jobs were two of the pillars of his campaign platform. If he is able to jump-start the economy and grow jobs, the nature resources sector should benefit.
Not since the 1920s has the Republican party amassed this much political power. The Trump administration and the 115th Congress will have the ability to shape policy and cut the red tape.
