President-Elect Donald Trump speaking at a campaign event in Philadelphia on September 7, 2016.Aftera presidential election that results in a change in partyleadership, it is often difficult to distinguish betweenunrealistic campaign promises and those policies that are actuallyachievable within the Beltway. With the recent election of DonaldTrump, clarity is more elusive than usual because many of thecampaign's promises weren't specific policies, but rather broadstatements regarding renegotiating trade pacts, reducing taxes,increasing infrastructure spending, and eliminating the offshoringof production of goods sold in the United States. Many of thesestatements of policy intent left the related policy details to beworked out later.

Time can be a great clarifier of the areas in which what waspromised overlaps with what is possible. Therefore, leaders inbusiness sectors throughout the United States—as well as executivesaround the world who hope to sustain ties with the U.S. economy—arelooking forward to transparency on the new government's direction.They're hoping to understand that direction as soon as the first100 days of President-Elect Trump's term.

It's worth noting that although Washington will have anall-Republican government, the dynamics between the president-elect and CongressionalRepublicans may make implementation of a common policy agendachallenging. The Washington establishment is very likely to presentstiff headwinds on certain issues. There is pent-up demand formajor legislative action on a range of issues, but thepresident-elect will have to effectively harness the power of theOval Office in order to deliver on his campaign promises.

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