Following the Reagan era, the GOP had a period of wanting to reign in the federal government, but I don't think that's quite true now. Folks like Trump or DeSantis are not pro-small-government, they just want to use it to advance different social policies. In the fight between farmers and Deere, I doubt they'd side with the company.
Data point: Trump's VP nominee likes what the FTC is doing - https://fortune.com/2024/08/11/jd-vance-5000-child-tax-credi...