DHA Insights: November 7, 2024

Author
DECORATIVE HARDWOODS ASSOCIATION

By the time you get this newsletter in your inbox, the 2024 voting will be done. Donald Trump has won the presidential election and Republicans have won control of the Senate. At this time, control of the House of Representatives remains in doubt.

There is clearly a lot riding on the outcome of this election. Tax policy will be a huge issue in 2025 as the Tax Cuts and Jobs Act provisions will come to an end, setting up a debate that includes many policies important to DHA members.

Regulatory policy was also on the ballot. The Biden administration has implemented record levels of regulation over the last four years. Many of these regulations impact our industry, including a new formaldehyde risk evaluation. In addition to a new Trump administration, the Supreme Court has rolled back many regulations and set new precedents that will likely slow down the regulatory state.

Whatever the outcome in the House of Representatives, DHA and our allies will continue to push for a level playing field in trade and rational tax and regulatory approaches that allow our members to compete, create jobs, and improve the economy.

If you have questions or comments, contact me. I look forward to hearing from you.


Keith A. Christman, President
Decorative Hardwoods Association

 

PHOTO © CHRIS WARNER, USFS