Dan Gilbert: Happy Trump Will Take On ‘Crazy Regulation’

The transcript discusses Dan Gilbert's role in Detroit's revitalization and his expectations from the Trump administration, particularly regarding corporate tax rates and repatriation of overseas capital. It highlights the impact of regulations on businesses, using Quicken Loans as an example, and addresses legal challenges faced by the company with the Department of Justice. The conversation ends with hopes for changes under new leadership.

What is one of the main reasons Dan Gilbert advocates for a lower corporate tax rate?

• To increase consumer spending

• To reduce government debt

• To improve employee wages

• To encourage investment in capital structures

What is a significant issue with U.S. capital held overseas, according to Dan Gilbert?

• It is not generating any interest

• It is losing value due to inflation

• It is subject to double taxation

• It is being used for foreign investments

How does Dan Gilbert describe the regulatory environment for Quicken Loans?

• As the least regulated in the industry

• As heavily regulated with unnecessary costs

• As moderately regulated with fair practices

• As lightly regulated with minimal oversight

What example does Dan Gilbert give to illustrate unnecessary regulatory requirements?

• Hiring additional staff for customer service

• Maintaining physical offices in multiple states

• Increasing marketing expenses

• Expanding product lines

What was Quicken Loans' response to the DOJ's lawsuit regarding mortgage fraud?

• They admitted to some wrongdoing

• They decided to settle the case

• They agreed to pay a fine

• They refused to settle, claiming no wrongdoing