Trump II Selects Howard Lutnick as Commerce Secretary.

Trump II Names Wall Street Investor Scott Bessent as Treasury Secretary.

Trump II Names Trade Hawks Hassett and Greer to Top Trade Posts.

Immediate Assessment of Aviation Safety: Instructs relevant departments to blame Biden, DEI policies for the AA airliner collision.

Trump II Fires Head of CFPB. Mr Chopra somehow survived for two weeks.

Establishing the National Energy Dominance Council. Yet another council. This one is tasked with finding ways to open the energy spigot, across government.

America First Investment Policy. Aims to attract foreign investment from U.S. allies while restricting adversarial nations like China. Directs agencies to expedite environmental reviews for major projects.

Addressing the Threat to National Security From Imports of Copper. Directs Commerce, other agencies to assess the national security implications of copper imports and the potential need for measures like tariffs or quotas to protect national security.

3/7/2025: EO:Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile.Consolidates seized digital assets currently under federal control.

Immediate Measures to Increase American Mineral Production. Invokes the Defense Production Act to boost domestic mineral production.

The axed “SPCP” programs targeted historically underserved regions and communities and offered down payment assistance, relaxed credit requirements, closing cost credits, etc, to make buying a home easier.

The order directs Federal agencies to improve financial integrity and operational efficiency. Specifically, the Department of the Treasury is tasked with implementing stronger controls to track transactions through the United States General Fund, requiring additional financial information from other agencies. The order also mandates agencies to provide the Treasury with more detailed data to track transactions, centralizes disbursing functions to the Treasury where possible, and standardizes core Federal financial systems to increase transparency, accountability, and efficiency.

The Federal Deposit Insurance Corporation announced that banks can engage in crypto-related activities without prior approval, undoing a Biden-era mandate. Meanwhile, the Commodity Futures Trading Commission said that digital asset derivatives will be treated the same as other derivatives, eliminating previous uncertainties in the crypto derivatives market.

The order directs Federal agencies, specifically the Department of Commerce, in coordination with the Secretary of the Treasury and the Assistant to the President for Economic Policy, to establish an office named the United States Investment Accelerator within 30 days. The Investment Accelerator is tasked with facilitating and accelerating investments exceeding $1 billion in the United States, by assisting investors in navigating regulatory processes, reducing regulatory burdens, increasing access to national resources, facilitating research collaborations with national labs, and working with State governments to reduce regulatory barriers. The Investment Accelerator will be headed by an Executive Director and will also be responsible for the CHIPS Program Office within the Department of Commerce.

The order directs Federal agencies including the Treasury, State, Justice, Homeland Security, Defense, Commerce, Labor, Energy departments, the United States Trade Representative, the Director of National Intelligence, and the Director of the Office of Science and Technology Policy to review the proposed acquisition of the United States Steel Corporation by Nippon Steel Corporation, Nippon Steel North America, Inc., and 2023 Merger Subsidiary, Inc. The Committee on Foreign Investment in the United States (CFIUS) is tasked with conducting a de novo, confidential review of the acquisition, identifying potential national security risks, and providing an opportunity for the parties to respond to such concerns.

The order directs Federal agencies to strengthen the reliability and security of the United States' electric grid. The Secretary of Energy is instructed to streamline processes for issuing orders under section 202(c) of the Federal Power Act during periods of grid operations, and to develop a uniform methodology for analyzing current and anticipated reserve margins for all regions of the bulk power system regulated by the Federal Energy Regulatory Commission. Additionally, the Secretary of Energy is to establish a process by which the methodology and its results are assessed regularly, and a protocol to identify critical generation resources within a region for system reliability.

The order directs Federal agencies to update duties applied to low-value imports from the People's Republic of China. It instructs a modification of the Harmonized Tariff Schedule of the United States (HTSUS) to increase the duties imposed on China in response to their retaliation from 34% to 84%. Additionally, the order mandates an increase of the ad valorem rate of duty (30% to 90%) and the per postal item containing goods duty ($25 to $75), as set forth in prior executive orders, to ensure the efficacy of the imposed tariffs.

The order directs Federal agencies to incorporate a sunset provision into their regulations governing energy production, compelling these agencies to periodically reexamine their regulations to ensure public benefit. The agencies affected include the Environmental Protection Agency (EPA), the Department of Energy (DoE), the Federal Energy Regulatory Commission (FERC), the Nuclear Regulatory Commission (NRC), and several subcomponents of the Department of the Interior and the United States Army. The order applies to all regulations issued under specific statutes, as detailed in the order, by each of these agencies.

The order directs Federal agencies to modify reciprocal tariff rates in response to trading partner retaliation and alignment. If a trading partner retaliates against the U.S. through import duties on U.S. exports or other measures, the Harmonized Tariff Schedule of the United States (HTSUS) may be modified to increase or expand the duties imposed. Conversely, if a trading partner takes significant steps to remedy non-reciprocal trade arrangements and align with the U.S. on economic and national security matters, the HTSUS may be modified to decrease or limit the duties imposed. The order modifies the rate paid by China to 125%. The _de minimus rate, for small shipments, is modified from 90% to 120%. [Editor: The 125% referenced above does not include the 20% tariff ordered previously; the cumulative rate is 145%.]

The order directs Federal agencies to address issues impacting American seafood competitiveness. The Secretary of Commerce, consulting with the Secretary of Health and Human Services and the United States fishing industry, is tasked to consider suspending, revising, or rescinding regulations that heavily burden America’s commercial fishing, aquaculture, and fish processing industries. The Secretary of Commerce is also directed to work with Regional Fishery Management Councils to reduce regulatory burdens on the most overregulated fisheries and to solicit public comments for innovative ideas to improve fisheries management and science.

The order directs Federal agencies to reassess the prohibition on commercial fishing within the Pacific Remote Islands Marine National Monument (PRIMNM) boundaries. The National Marine Fisheries Service and the Western Pacific Regional Fishery Management Council are identified as effective managers of regional fisheries. The order finds that appropriately managed commercial fishing would not harm the scientific and historic objects that the PRIMNM protects, and notes that the prohibition on commercial fishing has negatively impacted American fishing fleets and territories dependent on the fishing industry.

The order directs federal agencies to prepare Americans for high-paying skilled trade jobs of the future. The Secretaries of Labor, Commerce, and Education are instructed to review all Federal workforce development programs and submit a strategy to optimize these programs, with a focus on in-demand skills of emerging industries. Additionally, these agencies are tasked with expanding Registered Apprenticeships and improving transparency on the performance outcomes of workforce development programs. They are given 90 days to report on strategies to help American workers and 120 days to plan for expanding apprenticeships.

The order directs federal agencies to adjust the application of certain tariffs on imported goods. It aims to avoid the cumulative effect of overlapping tariffs that apply to the same article, which can exceed what is necessary to achieve intended policy goals. The order outlines the procedure for determining which of multiple tariffs shall apply when an article is subject to more than one tariff. The agencies involved will ensure that tariffs from certain proclamations and executive orders do not "stack" on top of each other.

The proclamation recognizes National Small Business Week from May 4 to May 10, 2025, highlighting the importance of small businesses to the U.S. economy. It acknowledges the challenges faced by small businesses due to global trade issues and federal policies. The proclamation also mentions the implementation of targeted tariffs to protect American businesses and the Made in America Manufacturing Initiative, which aims to create jobs, secure supply chains, and reduce regulatory burdens by $100 billion.

The proclamation marks May 22, 2025, as National Maritime Day, honoring the role of the United States Merchant Marine and the maritime industry in national defense and economic strength. It recognizes the historical significance of the S.S. Savannah's transatlantic voyage and the contributions of merchant mariners, including their service during World War II. The proclamation also notes a recent executive order aimed at restoring America's maritime dominance through investment in shipbuilding, regulatory changes, and expanding mariner training. It encourages citizens to observe this day and display the American flag.

The president posted on his social network that he had OK'd Nippon Steel's purchase/merger/partnership with U.S. Steel. Trump wrote that the deal would bring $14 billion to the economy and 70,000 jobs. The NY Times notes that U.S. Steel presently employs 22,000 people. President Biden had blocked an earlier effort by Nippon Steel to buy the steelmaker.

The order directs federal agencies to implement the General Terms of the United States-United Kingdom Economic Prosperity Deal. This includes creating an annual quota of 100,000 vehicles for UK automotive imports at a 10% tariff rate and negotiating preferential treatment for pharmaceuticals and pharmaceutical ingredients from the UK, contingent on an investigation. The UK has also committed to meeting US requirements on supply chain security for steel and aluminum exports. The order further establishes tariff-free bilateral trade in certain aerospace products.

Congressional Republicans pulled together as expected after a few hours of noisy faux-independence and voted to pass the president's signature agenda item: the One Big Beautiful Bill. It's got tax breaks for the wealthy, benefit cuts for the poor, and a ginormous budget bump for the Department of Homeland Security (and a more modest one for the Pentagon). We'll probably learn more of what it's got over the coming days as observers delve into its nooks and crannies. Happy Fourth of July, America.

The order directs federal agencies to support domestic manufacturing and investment. The Department of Commerce is instructed to facilitate investments exceeding $1 billion through the newly established United States Investment Accelerator. The Federal Trade Commission is directed to enforce against false "Made in the U.S.A." claims. The order also outlines new policies including interest deductions for loans on new American-made vehicles and 100% expensing for new factories, equipment, and machinery.

The order directs federal agencies to address perceived threats from the Government of Brazil that are impacting the national security, foreign policy, and economy of the United States. The order cites actions by Brazilian government officials, including interference with the U.S. economy, infringement of free expression rights of U.S. persons, and human rights violations. It also points to the political persecution of a former Brazilian President as contributing to a breakdown in the rule of law in Brazil. The order further accuses certain Brazilian officials of compelling U.S. online platforms to censor content and accounts of U.S. persons, blocking their fundraising capabilities, and changing content moderation policies that may lead to further censorship.

The order directs federal agencies to democratize access to alternative assets for 401(k) investors. The Secretary of Labor is instructed to reexamine past and present guidance regarding a fiduciary's duties under the Employee Retirement Income Security Act of 1974 in relation to making alternative assets available to participants. The Secretary is also asked to clarify the Department of Labor's position on alternative assets and the appropriate fiduciary process associated with offering asset allocation funds containing investments in alternative assets. Both these actions are to be completed within 180 days of the order.

The order directs federal agencies to revoke Executive Order 14036, which was previously aimed at promoting competition in the American economy. This revocation does not affect the legal authority of executive departments or agencies, nor does it impact the functions of the Director of the Office of Management and Budget related to budgetary, administrative, or legislative proposals. The cost for publishing this order is assigned to the Department of Justice.

The proclamation designates September 1, 2025, as Labor Day, calling for all public officials and people of the United States to honor the contributions and resilience of working Americans with appropriate programs, ceremonies, and activities. It also highlights the administration's efforts to restore the dignity of labor, protect American jobs, and ensure fair trade deals. The proclamation mentions the amassing of hundreds of billions of dollars in tariff revenue and the creation of new jobs at a record pace.

The order directs federal agencies to implement a trade agreement between the United States and Japan. The agreement establishes a tariff system where the U.S. will apply a 15 percent tariff on most Japanese imports, with specific treatments for certain sectors. Japan, in return, will increase its procurement of U.S. goods, including a 75 percent increase in rice procurements and purchases totaling $8 billion per year in agricultural goods and other products. Additionally, Japan has agreed to invest $550 billion in the U.S., anticipated to create numerous jobs and expand domestic manufacturing.

The order directs federal agencies to establish the "Gold Card" visa program, which is overseen by the Secretary of Commerce, in coordination with the Secretary of State and the Secretary of Homeland Security. This program allows aliens who make a significant financial gift to the United States to establish eligibility for an immigrant visa using an expedited process. The requisite gift amount is $1 million for an individual donating on their own behalf and $2 million for a corporation or similar entity donating on behalf of an individual. The funds will be used to promote commerce and American industry.

The order directs the Attorney General and the Chairman of the Federal Trade Commission to establish a Food Supply Chain Security Task Force within their respective departments. These task forces are tasked with investigating the food-related industries in the United States for anti-competitive behavior and foreign control, and to determine if these factors are increasing the cost of food or posing a threat to national or economic security. The Attorney General and the Chairman of the Federal Trade Commission are required to take necessary actions to remedy any anti-competitive behavior discovered, including enforcement actions and proposing new regulatory approaches.

The order directs federal agencies to increase oversight of proxy advisors, particularly those foreign-owned and influencing large U.S. companies. The Securities and Exchange Commission (SEC) is instructed to review, and potentially revise or rescind, rules and guidelines related to proxy advisors and shareholder proposals, particularly those involving "diversity, equity, and inclusion" and "environmental, social, and governance" policies. The SEC is also directed to enforce anti-fraud provisions, consider requiring registration for certain proxy advisors, and enhance transparency requirements. The Federal Trade Commission (FTC) is instructed to review state antitrust investigations into proxy advisors for potential federal violations.

The order directs federal agencies to prioritize the development and implementation of 6G mobile communications networks, citing their importance to national security, foreign policy, and economic prosperity. Specifically, the Assistant Secretary of Commerce for Communications and Information is instructed to study the 7.125-7.4 GHz spectrum frequencies for potential relocation of existing systems and reallocation for commercial use. The Secretary of State is also directed to advance these objectives through diplomatic engagements, including building a coalition of industry and foreign partners.

The order directs federal agencies to protect the Venezuelan government's deposit funds, held by the U.S. government in designated Treasury accounts, from any judicial processes such as attachment, judgment, decree, lien, execution, garnishment. These funds, derived from the sale of natural resources or diluents to the Venezuelan government, cannot be transferred, paid, exported, withdrawn, or otherwise dealt in, except as permitted by this order. The order supersedes any previous executive orders that affect these funds.

The proclamation designates a "National Day of Patriotic Devotion." It does not give specific directives to federal agencies, but it does highlight past actions. These include declaring a national emergency at the southern border, designating cartels as Foreign Terrorist Organizations and Specially Designated Global Terrorists, resuming border wall construction, reinstating the Remain in Mexico policy, deploying soldiers to the southern border, and executing a large deportation operation. It also mentions regulatory changes aimed at reducing inflation and lowering the cost of living.

The order directs federal agencies to implement measures aimed at preventing large institutional investors from buying single-family homes that could otherwise be purchased by families. The Secretary of the Treasury, in consultation with the Assistant to the President for Economic Policy, is tasked with defining "large institutional investor" and "single-family home." Several federal agencies, including the Departments of Agriculture, Housing and Urban Development, Veterans Affairs, General Services, and the Federal Housing Finance Agency, are instructed to issue guidance to prevent these entities from acquiring such homes and to promote sales to individual owner-occupants. The Secretary of the Treasury is also directed to review and possibly revise rules related to large institutional investors acquiring or holding single-family homes.

The order directs federal agencies to address the rising cost of beef for American consumers. It responds to challenges such as severe droughts, wildfires, and import restrictions, which have resulted in the U.S. cattle herd shrinking to record lows and beef prices reaching an average of $6.69 per pound in December 2025. Despite these higher prices, U.S. demand for beef remains strong, with a record high of 4.64 billion pounds of beef imported in 2024.

The order directs federal agencies to continue the suspension of duty-free de minimis treatment for all countries. This policy applies to shipments sent to the United States through the international postal network that would otherwise qualify for the de minimis exemption. The suspension remains in effect even if additional duties imposed by previous executive orders are invalidated. The Secretary of Commerce has confirmed that systems are now in place to collect certain duties applicable to these shipments.

The order directs federal agencies to impose a temporary import surcharge to address significant international payments problems, such as balance-of-payments deficits and potential depreciation of the U.S. currency. This measure, which is based on section 122 of the Trade Act of 1974, is intended to protect the U.S. economy and national security. Certain products will be exempt from the surcharge due to the needs of the U.S. economy.