Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Among President Donald Trump's volley of executive orders on inauguration day were several targeting the heart of inflation: housing and energy costs.
Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.
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.
“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.
President Donald Trump told supporters during his Emancipation Hall speech that immigration, not inflation, was key to his second election win.
P resident Donald Trump’s new post on Truth Social threatening new economic sanctions on Russia shows that Putin has finally met his match. It now looks as if Donald Trump may not be bullied by Putin’s empty holster of threats, bluster, and bluffs.
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.
Trump promised tariffs on Day 1, yet no tariff policies have been announced so far. But a federal government hiring freeze has been enacted.
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 Donald J. Trump, over the course of the 2024 campaign and after his election, made big promises to the American people on everything from the economy to foreign policy. Here’s what he said he would do with a second term.