The Capitalism and Freedom in the Twenty-First Century Podcast

The White House vs. Industry Titans: A History of American Power Struggles with Tevi Troy | Hoover Institution

9 snips
Feb 11, 2026
Tevi Troy, presidential historian and former senior Bush administration official, discusses clashes between presidents and industry titans. He traces trust-busting to Teddy Roosevelt, how regulators and big firms adapt, lessons from automakers and tech, and the rise of modern lobbying and crypto. Short, vivid stories illuminate long-running power struggles in American politics and business.
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INSIGHT

Why Policy Councils Exist

  • Policy councils (NSC, DPC, NEC, Homeland) are presidential creations to coordinate competing agencies.
  • They tee up decisions so the president gets full information and timely choices.
ADVICE

Run Meetings For Decision, Not Drama

  • Prepare clear memos and pick the right attendees for presidential meetings.
  • After the president decides, everyone must publicly support the decision in lockstep.
INSIGHT

CEA Versus NEC Roles

  • CEA provides technical economic analysis and is congressionally grounded.
  • NEC functions as a White House referee among Treasury, OMB, CEA and agencies on policy.
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