Odaily News Cathie Wood, founder of Ark Fund, wrote on X that the United States should relax regulations and weaken the influence of institutions such as the Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC). Cut government spending to make room for the private sector. Implement tax cuts and focus on technological innovation. Doing so may boost the US economy more powerfully than during the "Reagan Revolution." Elon Musk retweeted the post and called the proposals "Great."