Despite Wall Street's widespread belief that Trump's administration will be friendly to big business, CNBC's Jim Cramer pointed out that his second-in-command JD Vance is critical of some large companies accused of wielding illegal monopoly power.
"Now, at the end of the day, politicians are politicians—they can turn on a dime if it suits the current moment," Cramer said."But Vance's hard line about Google's supposed left-wing bias, you know, that might strike a chord with President-elect Trump, who didn't exactly get a lot of support from big tech."on Wednesday suggested to investors that Donald Trump's administration may not be as friendly to big business as many on Wall Street believe.
"That's why I say don't dwell too much about the FTC or Justice when you make your investing decisions," he said."Just don't be surprised if the Trump antitrust regulators are a little more like Kantor or Khan than you could ever have imagined."for the CNBC Investing Club to follow Jim Cramer's every move in the market.
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