Trump Action Archive

Supporting reports

• Sixteen states set all-time Memorial Day gas price records — Gas market analyst Patrick De Haan reported that 16 states are on track to set new all-time Memorial Day gas price records in 2026, surpassing the highs set in 2022. The affected states are Alaska, Colorado, Hawaii, Kentucky, Michigan, Minnesota, Missouri, Montana, Nebraska, New Mexico, Ohio, Oregon, South Dakota, Washington, West Virginia, and Wyoming.

Supporting reports

• Trump promotes unregulated online casino after $1 million Super PAC donation from Stake co-owner — Trump repeatedly promoted Stake, an unregulated online casino operating illegally according to state gambling regulators, on Truth Social on April 9, May 8, and twice on May 20, 2026, featuring AI-generated images of himself, UFC CEO Dana White, and the Stake logo. The promotion occurred shortly after Bijan Tehrani, Stake's co-owner and a named defendant in a California lawsuit alleging illegal gambling operations, donated $1 million to MAGA Inc. on April 27, 2026. Stake.us faces more than a dozen lawsuits and is blocked in at least 17 states.
• Trump promotes unregulated online casino on Truth Social following $1 million super PAC donation — President Trump repeatedly promoted Stake, an unregulated online casino that state gambling regulators say is operating illegally, on Truth Social in posts on April 9, May 8, and twice on May 20. According to Federal Election Commission filings, Stake co-owner and co-founder Bijan Tehrani donated $1 million to MAGA Inc., Trump's primary super PAC, on April 27—between Trump's promotional posts. The timing and pattern suggest a quid pro quo arrangement.
• Reynolds American donated $5 million to Trump super PAC before favorable vape policy — Tobacco company Reynolds American donated $5 million to Trump's super PAC one week before the Trump administration introduced a new policy allowing Reynolds American and other companies to sell flavored vapes. The timing suggests a potential quid pro quo arrangement between a corporate donor and favorable regulatory treatment.

Supporting reports

• Trump signed Executive Order 14406 directing Treasury and financial regulators to issue guidance on detecting and preventing financial services to undocumented immigrants and their employers. — President Trump signed Executive Order 14406 on May 19, 2026, directing the Secretary of the Treasury to issue an advisory within 60 days identifying suspicious financial activity patterns associated with undocumented workers and employers, including payroll tax evasion, use of foreign identity documents, and structuring. The order also directs the Treasury and Federal functional financial regulators to propose and consider changes to Bank Secrecy Act regulations to strengthen customer due diligence and identification requirements, with particular attention to immigration status and work authorization as risk factors. The Consumer Financial Protection Bureau is directed to clarify that potential deportation and wage loss are factors affecting ability-to-repay determinations for non-work-authorized borrowers.
• Trump issued executive order directing financial regulators to strengthen customer due diligence and credit underwriting standards targeting non-work-authorized immigrants. — President Trump signed "Restoring Integrity to America's Financial System" on May 19, 2026, directing the Treasury Secretary to issue an advisory within 60 days identifying suspicious financial activity patterns associated with undocumented immigrants and their employers, including payroll tax evasion, use of foreign identity documents, and structuring schemes. The order instructs federal financial regulators to propose regulatory changes strengthening customer identification and due diligence requirements, and directs the Consumer Financial Protection Bureau to clarify that deportation risk and wage loss are factors in credit underwriting for non-work-authorized borrowers. Implementation deadlines range from 60 to 180 days.
• White House issued Executive Order 14406 directing financial regulators to implement immigration-status-based lending restrictions and enhanced due diligence requirements — The White House signed Executive Order 14406 on May 19, 2026, directing the Treasury Secretary and federal financial regulators to issue advisories and propose regulatory changes to the Bank Secrecy Act. The order requires financial institutions to flag accounts held by non-work-authorized immigrants and their employers, treat deportation risk as a credit-underwriting factor, and implement enhanced customer due diligence tied to immigration status. The order states the policy is to "restore integrity" to the financial system by addressing risks posed by "the inadmissible and removable alien population" and cross-border financial activity.
• White House issued fact sheet promoting executive orders on financial system regulation and immigration-linked credit risk — The White House published a fact sheet on May 19, 2026, describing executive orders signed by President Trump. The orders direct the Treasury Secretary and federal financial regulators to issue advisories and propose regulatory changes to strengthen customer identification requirements, address credit risks associated with extending financial services to undocumented immigrants, and prevent denial of banking services based on political or religious beliefs. The fact sheet claims the orders target illicit financial activity, money laundering, and fentanyl trafficking while asserting that extending credit to undocumented immigrants creates systemic banking risks that raise costs for American consumers.

Supporting reports

• Trump issues Executive Order 14405 directing federal financial regulators to streamline fintech oversight and expand Federal Reserve payment system access. — President Trump signed Executive Order 14405 on May 19, 2026, directing federal financial regulators to review and update regulations, guidance, and supervisory practices within 90 days to reduce barriers to fintech firms entering partnerships with federally regulated institutions and seeking federal charters and licenses. The order also requests the Federal Reserve Board to evaluate and expand direct access to Reserve Bank payment accounts and services for uninsured depository institutions and non-bank financial companies engaged in digital assets and novel financial activities, with a report due within 120 days and transparent application procedures to be established within 90 days of application.
• Trump issued executive order streamlining fintech regulatory processes and expanding Federal Reserve access — President Trump signed an executive order on May 19, 2026, directing federal financial regulators to review and streamline regulations, guidance, and supervisory practices to reduce barriers to fintech firms entering partnerships with federally regulated institutions and obtaining federal licenses. The order requests the Federal Reserve Board to evaluate and expand direct access to Reserve Bank payment accounts and services for non-bank financial companies and digital asset firms, with a 120-day report deadline and 90-day application processing timelines where legally permissible.
• White House issues fact sheet promoting executive order on fintech regulatory integration — The White House published a fact sheet on May 19, 2026, describing an executive order signed by President Trump directing federal financial regulators to review and streamline regulations to promote financial technology innovation and competition. The order directs the Federal Reserve to evaluate frameworks governing access to Reserve Bank payment accounts by uninsured depositories and non-bank fintech firms, and to report on legal authorities, expansion options, and impediments to such access. The fact sheet frames the order as removing "outdated regulatory burdens" and "regulatory protections for incumbents."
• White House signed Executive Order 14405 directing federal financial regulators to streamline fintech oversight and reduce regulatory barriers. — The White House issued Executive Order 14405 on May 19, 2026, directing federal financial regulators (CFPB, SEC, NCUA, CFTC, FDIC, OCC) to review and update regulations, guidance, and supervisory practices within 90 days to reduce barriers to fintech firms entering partnerships with federally regulated institutions and seeking federal charters and licenses. The order also requests the Federal Reserve Board to evaluate and expand direct access to Reserve Bank payment accounts and services for non-bank financial companies and digital asset firms within 120 days, and to establish transparent application procedures with 90-day decision timelines where legally permissible.