NEW YORK (TheStreet) --Since becoming the President-elect Donald Trump's policy rhetoric has already influenced stocks. His infrastructure initiative sent stocks related to this goal higher. However, certain companies could be hindered by a reduction in regulations, FiscalNote CEO Tim Hwang noted on CNBC's "Squawk Alley" today.
FiscalNote is an online platform utilizing artificial intelligence to create a more transparent relationship between businesses and the government. Users can analyze a wide array of government information including legislation, to deduce a potential policy change and its impact on business strategy.
"If you are a particular company, not particularly aligned with the Trump agenda, I do think that is something you need to worry about right now," Hwang said.
He noted there are currently bills in Congress that will most likely get approval that could negatively influence particular companies.
"The other thing to note, from a personal perspective, this President-elect has taken a lot of initiatives such as going after individual companies and sectors. That's actually pretty unprecedented. We saw this over the weekend with the New York Times," Hwang said.
Donald Trump has taken to his Twitter (TWTR) account in the past to criticize the reporting at the New York Times.
When Hwang was asked if he believes there will be a "Trump grudge trade," he responded, "absolutely."
"I think there's going to be some retribution. But, the reality is that's probably the way the politics is moving forward. Everything from boycotts to the way in which the culture of an organization change and shifts in the current political climate, I think all of these things we need to take into consideration moving forward," Hwang explained.