Tom Lee: Don't Fight Washington; White House Will Influence Winners and Losers in Every Industry

On January 14, Bitmine Chairman Tom Lee warned investors against clashing with Washington, arguing the White House’s growing influence over industries’ fortunes outweighs early-year monetary policy. Lee identified credit card firms, the Federal Reserve, and institutional mortgage buyers as current “losers”—citing Trump’s push to cap credit card rates and political pressure on the Fed as examples. These policies, he said, could tighten credit conditions. On the “winning” side, Lee sees housing-related assets emerging as a top pick, as Trump has prioritized housing affordability and lower mortgage rates ahead of the election. He also favors energy, materials, large-cap tech stocks, cryptocurrencies, industrials, financials, and small-cap stocks poised to benefit from economic growth.