Funds Society spoke with Peter Lefkin, Head of Government and External Affairs at Allianz of America and a political affairs consultant since the 1990s, a period in which he witnessed both Republican and Democratic administrations in the United States.
Lefkin was the Keynote Speaker at the 2025 U.S. Offshore Due Diligence Meeting, an event for offshore advisors hosted by Voya Investment Management in Key Largo at the end of April.
The conversation focused on the U.S. fiscal deficit and its consequences, while also addressing the impact of regulatory and tariff policies under Donald Trump’s second presidency.
Lefkin’s key conclusions included that regulation is a complex issue, and Trump’s deregulatory efforts stand in contrast to the role of Congress. He also emphasized that tariff policy is “inflationary and ineffective,” with global repercussions as China and other countries adjust their trade strategies. On the other hand,…
