Key Takeaways Some of President Donald Trump's executive orders on his first day in office aimed to reduce housing and energy costs by reducing regulations and encouraging oil drilling.Housing and energy costs make up significant portions of household spending and inflation,
Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.
America has formally made Donald Trump president again, and the billionaire Republican announced executive orders on illegal immigration and energy policy after being sworn in. To
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.
Amid a flurry of executive actions upon his inauguration Monday, US President Donald Trump took aim at the subsidies in the Inflation Reduction Act (IRA), a massive congressional spending package signed by Joe Biden in 2022 that unleashed funding for carbon capture, clean hydrogen, electric vehicles and more.
President-elect Donald Trump will sign executive orders and memoranda during his first day in office tailored to cutting federal regulations around energy production and reducing inflation, according to an incoming White House official.
President Donald Trump told supporters during his Emancipation Hall speech that immigration, not inflation, was key to his second election win.
During his inaugural address, President Trump claimed that the United States “lost 38,000 lives” during the construction of the Panama Canal. This is similar to a claim he’s made before—in 2023 he quoted a figure of 35,000 deaths.
Trump promised tariffs on Day 1, yet no tariff policies have been announced so far. But a federal government hiring freeze has been enacted.
Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear
Treasuries rallied as fears that Donald Trump’s policies will fuel inflation eased, after the US president refrained from imposing China-specific tariffs for now.