The Biden administration’s antitrust crusade may be over, but the damage to America’s tech leadership remains. Overregulation and bureaucratic overreach left U.S. companies navigating uncertainty while global competitors such as China surged ahead. The American Action Forum found that former President Joe Biden increased regulations by nearly $2 trillion over the last four years, raising hidden taxes.
Under President Donald Trump, with a Republican-led Congress and the opportunity to confirm key nominees, there’s a path to unleash a tech revolution, as I recently wrote in a report partnered with NetChoice. By restoring the consumer welfare standard and rejecting heavy-handed regulation, the Trump administration, in which I worked to support this approach and reduce spending in his first term’s budgets, can spark a new era of innovation and growth in America’s tech sector.
