Buffett Deals With Wells Fargo And Trump Deals With Congress

It seems that President Trump these days is having to deal with two opposition parties, instead of just one, as he struggles to pass his agenda through Congress. The key opposition (of course) are the Democrats, led by Senator Charles E. Schumer, but the real thorn in the president's side is the Tea Party, made up of fiscal conservatives. In many of my previous articles here on Seeking Alpha, I have discussed the importance of President Trump taking his campaign rhetoric and turning it into reality. He has already done so through the various executive orders he has signed, but if he wants to pass things like corporate tax reform, the $1 trillion infrastructure bill or the $54 billion defense budget increase that he has put forward, then he is going to need Congress to do so. On April 29th President Trump will have completed his first 100 days, but it seems like the Honeymoon was over when the Republicans failed to "repeal and replace" the Affordable Care Act or ObamaCare.

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