What a Matt Gaetz Justice Department Would Mean for Business

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DealBook|What Would a Matt Gaetz Justice Department Mean for Business?

https://www.nytimes.com/2024/11/14/business/dealbook/trump-gaetz-justice-department-antitrust.html

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Standing at a podium during a rally for Donald Trump, Matt Gaetz gestures with his finger, pointing at the crowd.
Matt Gaetz may be Donald Trump’s most surprising and contentious pick yet to join his cabinet.Credit...Mike Blake/Reuters

Matt Gaetz is known for his outspoken defenses of Donald Trump, numerous scandals and a House ethics investigation. He can now add another distinction: being the president-elect’s pick to be nominee for attorney general.

It isn’t clear whether Gaetz, perhaps the most divisive of Trump’s cabinet choices so far, will get Senate confirmation. But if he does, he could keep corporate America on its toes.

Trump and his allies see the position of attorney general as especially important, given the president-elect’s numerous legal woes.

The Times reports that Trump weighed more traditional candidates, including Jay Clayton, who was S.E.C. chair in his first administration, and Bob Giuffra, a co-chair of the white-shoe law firm Sullivan & Cromwell. But he ultimately chose a loyalist who supported efforts to overturn the results of the 2020 election.

Gaetz “is a disrupter,” said Representative Chip Roy, Republican of Texas, praising Trump’s selection. Gaetz, who resigned from his position as representative of Florida last night, repeatedly challenged Republican leaders, picked fights with Democrats and pulled off stunts like trying to barge into the secure chambers for the House Intelligence Committee.

Will he go after Trump’s perceived enemies, including in business? In his announcement on social media, Trump said that Gaetz would “dismantle Criminal Organizations” as part of a mission to bring “desperately needed reform at the Department of Justice.” On X, Elon Musk wrote that “the Hammer of Justice is coming.”


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