The Washington Post reports that Donald Trump’s victory speech included a pledge to put “millions” to work rebuilding the country’s infrastructure. However, as the newspaper notes, “Infrastructure is a major Democratic priority, but many Republicans remain skeptical that the government needs to spend more in this area. Trump’s comments augur a coming conflict with the new Congress, especially Rep. Paul Ryan, the speaker of the House.”
CNN Money reports, “Donald Trump may or may not build that wall on the Mexican border that he talked about constantly during the presidential campaign. But investors are hoping that he — and Congress — will spend more to help rebuild America’s roads and bridges.” The report looks at the spike in infrastructure stocks.