True, and this is a regular practice in the US. And even though Trump is old and very proactive, there is even a chance that he will issue a bill to extend the presidential term, as was the case in China. If this does not happen, and Biden and Co. come to power, then, as usually happens, Trump's orders will be canceled. It is a normal practice to cancel the orders of the previous president on the first working day of the presidency.
Will we see a strict SEC again in four years?
Will cryptocurrency relaxations be canceled?
Nobody knows.
Maybe the discourse will be presented in Powell's speech soon and we will also see the market reaction after the CPI data release, whether there will be more volatility that will cause pressure, hopefully the number is plus not minus because the previous data was 2.9%. I think it's better to enter after the market frenzy weakens. It looks like a pump fault just now.