NEW YORK: Most US corporate bosses have stayed silent on President Donald Trump’s immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House. Representatives from Boeing, General Motors and Ford declined to comment on Trump’s immigration curbs. Wall Street, meanwhile, is hoping the new administration will ease some of the regulations introduced in the wake of the 2007-2008 financial crisis and adopt a lighter touch in their enforcement. With friends in high places, Wall Street may have less reason to be as outspoken about the new restrictions. “They don’t have to protest publicly.”Representatives of Goldman Sachs Group Inc, Citigroup Inc, Bank of America Corp and Morgan Stanley declined to comment on Trump’s immigration order.

Source: The Star January 30, 2017 07:07 UTC