The answer is if Meat wants to and was feeling up to it. As far as I know the band is not doing anything Meat Loaf related at the moment. I also feel like that if Meat did this and no matter how good it was he would get nothing but scorn for doing it from the media and a lot of fans. Plus Jim would probably faint at the idea of his songs being done.
Typically in the US it is considered fine for people in the performing industry to appear for one party's candidates, yet career suicide to appear for the other party. I assume this is because the performer's politics lean that direction and certainly their bosses must approve or they wouldn't risk it.
The way the world is today - much due to the internet- people are so venomous about any little issue that if I were a performer I would be totally apolitical in public.
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