Eric Cantor
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After the off-year elections, one of which was in my state of Virginia, and the party didn't fare well, the president was fairly nimble.
And 10 days later, turning around and taking the steps he did in lifting the tariffs on 200 food items, and which directly impact people when they go into the grocery store to look to prepare for the holiday meals.
including not just the things that we don't grow here, but like beef, right?
And Brazilian beef.
And there's a real inflationary pressure in the beef industry in this country.
And I think the administration took the steps necessary to provide the relief.
So I think you're going to see a lot more
in terms of that as we head into the new year.
And look, the president's also, this is something also very novel, David, back to your original point about the kinds of things this administration's doing.
He's talking about a dividend from the tariffs.
But that is something directly related
to the issue, Lisa, that you bring up, and that is how is a president supposed to bring down prices when we're in a free market?
Look, what's going on with AI and with CapEx necessary to bring about this infrastructure
not just in the data center piece and all that, but on the power end of things.
I mean, there is a tremendous tailwind we're going to experience from the ability to completely, you know, write off the expense up front.
So, you know, I do think, and I think most economists will say, there will be an uptick in terms of what that will do to increase people's willingness to go and put capital to work.
Vice Chair Erica Cantor of Mollis and Company, also the former House Majority Leader.
Thank you so much for being with us this morning.