Will it soon be time to chart a new course in executive compensation?

As a result of the November 8, 2016 election, Republicans will control the Presidency, the Senate and the House of Representatives beginning on January 20, 2017. As a candidate, President-Elect Donald Trump proposed a tax plan and a rollback of federal regulations (including the Dodd-Frank Act), both of which could significantly affect US executive compensation practices. In addition, Republican members of Congress have introduced executive compensation-related legislation that could serve as the basis for laws the incoming Congress would consider, and the House Ways and Means Committee is reportedly in the process of drafting tax reform legislation to be released this winter.