Billionaire Amazon founder Jeff Bezos on Wednesday expressed his optimism about U.S. President-elect Donald Trump’s next term and suggested he would “help” the Republican gut regulations.

“If we’re talking about Trump, I think it’s very interesting, I’m actually very optimistic this time around… I’m very hopeful about this—he seems to have a lot of energy around reducing regulation,” Bezos told The New York Times‘ Andrew Ross Sorkin during the newspaper’s DealBook Summit.

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