Wall Street dealmakers are itching for an M&A revival during president-elect Donald Trump’s second term. But as he prepares to move back to the White House, the picture appears more complicated. The FT’s head of Lex, John Foley, explains what dealmaking over the next four years might look like and the surprising similarities it could share with Joe Biden’s administration. 

Clips from Bloomberg, CNBC, DW News, FOX Business

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For further reading:

US Steel’s tortuous un-merger is a deal for the ages

Playing the M&A Trump card

Deals are back, baby (for real this time?)

Will Trump’s new antitrust enforcers help make M&A great again?

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Follow John Foley on Bluesky (@johnsfoley.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.bsky.social), or follow Michela on LinkedIn for updates about the show and more. 

Read a transcript of this episode on FT.com

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