Born and raised in the New York City borough of Queens, Trump is the very definition of the American success story, succeeding in various different business endeavors, specifically real estate, before ultimately becoming America’s 45th President.
He received an economics degree from the University of Pennsylvania’s Wharton School of Business and was appointed president of his family’s real estate business in 1971. Under his leadership the company has developed, built and renovated skyscrapers, hotels, casinos and golf courses. Although the Trump administration has been relatively neutral pertaining to real estate matters, he has almost made HUD into a non-player and virtually dismantled the Consumer Financial Protection Bureau. He has given every indication in his policy moves that he wants to move the country’s financial system more into the hands of less-regulated small commercial banks, credit unions and traditional lenders who can more directly benefit Main Street. His leadership from a business perspective will certainly create both threats and opportunities to and for the real estate industry.