Trump Action Archive

Supporting reports

• Trump orders creation of sovereign wealth fund — Trump ordered the US Treasury and Commerce Department to create a sovereign wealth fund. Such a fund, which requires congressional approval, would act as an investment fund for the country, operating outside the Federal Reserve and the Treasury Department. Trump offered few details about the fund, including where the cash would come from. Treasury Secretary Scott Bessent told reporters the government would "stand this thing up within the next 12 months." Trump stated "We have tremendous potential. I think in a short period of time, we'd have one of the biggest funds." Trump also said the fund could be used to facilitate the purchase of TikTok.
• Trump creates strategic bitcoin reserve — Trump signed an executive order to establish a strategic bitcoin reserve. The reserve "will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings," according to Trump's crypto czar David Sacks. Creating the reserve was one of several crypto-related promises Trump made during the 2024 election campaign.

Supporting reports

• Executive Order on Digital Financial Technology — President Donald J. Trump signed Executive Order 14178 to promote U.S. leadership in digital financial technology. The order revokes EO 14067, prohibits Central Bank Digital Currencies (CBDCs), and establishes a working group to propose regulatory frameworks for digital assets. The order aims to protect economic liberty and ensure regulatory clarity in the digital asset sector.
• Trump signs pro-crypto executive order repealing Biden protections — President Donald Trump issued an executive order titled "Strengthening American Leadership In Digital Financial Technology" on January 23, 2025. The order aims to promote U.S. leadership in digital assets and financial technology while protecting economic liberty. It outlines policies to support the growth of digital assets, blockchain technology, and related technologies. The order revokes Executive Order 14067 and the Department of the Treasury's framework on digital assets, establishes a President's Working Group on Digital Asset Markets, and prohibits the establishment of Central Bank Digital Currencies (CBDCs) within the U.S.
• White House issued fact sheet on executive order establishing Presidential Working Group on Digital Asset Markets — On January 23, 2025, Trump signed the executive order "Strengthening American Leadership in Digital Financial Technology," signaling strong support for the crypto industry. The order repealed Biden's 2022 executive order that included provisions to "protect consumers, investors, and businesses" from financial risks. Trump's order emphasized that "individual citizens and private-sector entities" had a right to use "open public blockchain networks without persecution." The order also established the "President's Working Group on Digital Asset Markets," chaired by David Sacks, a venture capitalist and crypto investor.
• White House signed executive order on digital assets and cryptocurrency, establishing working group and prohibiting central bank digital currencies — The White House published a fact sheet on January 23, 2025, describing an executive order signed by President Trump to establish regulatory clarity for digital assets and create a Presidential Working Group on Digital Asset Markets. The order directs the Working Group to develop a federal regulatory framework for digital assets including stablecoins, evaluate a strategic national digital assets stockpile, and recommend rescission or modification of existing regulations affecting the sector. The order prohibits agencies from establishing central bank digital currencies and revokes the previous administration's digital assets executive order.
• — The White House signed an executive order titled "Strengthening American Leadership in Digital Financial Technology" on January 23, 2025. The order revokes Executive Order 14067 (Biden administration's digital asset framework) and the Treasury Department's July 2022 international digital assets framework. It establishes a Presidential Working Group on Digital Asset Markets chaired by the Special Advisor for AI and Crypto, comprising Treasury, Justice, Commerce, Homeland Security, OMB, NSC, SEC, and CFTC officials. The order directs agencies to identify and recommend rescission or modification of regulations affecting digital assets within 60 days, and mandates a 180-day report proposing federal regulatory frameworks for stablecoins and a national digital asset stockpile. It explicitly prohibits agencies from establishing, issuing, or promoting central bank digital currencies (CBDCs) within U.S. jurisdiction.

Supporting reports

• Kushner secures $2 billion from Saudi Arabia — Jared Kushner, former White House official and son-in-law of Donald Trump, secured a $2 billion investment from Saudi Arabia's Public Investment Fund for his private equity firm, Affinity Partners. This investment was made despite the fund's committee recommending against it due to Kushner's inexperience and high fees. The decision was overruled by Crown Prince Mohammed bin Salman, with whom Kushner has a personal relationship. This raises concerns about potential conflicts of interest and influence peddling, given Kushner's advisory role to Trump.
• Trump Organization partners with Kushner in Serbia — Jared Kushner partnered with the Trump Organization to develop a Trump-branded luxury hotel and apartment complex in Belgrade, Serbia. This project, known as Trump Tower Belgrade, involves foreign governments, including Saudi Arabia, enriching the Trump Organization. The development is on a former military site leased by the Serbian government to Affinity Partners, Kushner's firm. This partnership raises ethical concerns about foreign influence and conflicts of interest, as it involves the President's family and business interests.

Supporting reports

• Trump declared national energy emergency to unleash oil production in Alaska — On January 20, 2025, Trump declared a national energy emergency as part of a barrage of pro-fossil fuel actions to "unleash" US energy production. The declaration included rolling back restrictions on drilling in Alaska and undoing a pause on gas exports. Trump stated "you can do whatever you have to do to get out of that problem and we do have that kind of emergency." The order states it is US policy to "fully avail itself of Alaska's vast lands and resources." The declaration would allow fast-tracking permits for new fossil fuel infrastructure and will likely face legal challenges.
• Trump declares national energy emergency — On his first day back in office, Donald Trump declared a national energy emergency, allowing his administration to expedite permits for new fossil fuel infrastructure. This declaration is part of a broader agenda to increase oil and gas production, including lifting restrictions on drilling in Alaska and resuming liquefied natural gas exports. The move is expected to face legal challenges due to questions about the legitimacy of the emergency. The declaration aims to boost national security and job creation by increasing natural resource production.
• Trump declares national energy emergency to bypass environmental permitting rules — On his first day back in office (January 2025), Trump declared a national "energy emergency" to accelerate permitting for oil and gas projects and override environmental regulations. The declaration claimed to address a purported energy crisis, though the U.S. produces more oil and gas than any other nation. Fifteen Democratic state attorneys general sued to halt the declaration, arguing it unlawfully bypassed normal permitting procedures and endangered natural resources and drinking water standards.
• Trump signs order to expand oil and gas drilling in Alaska — Donald Trump signed an executive order to expand oil and gas drilling in Alaska, including the Arctic National Wildlife Refuge (ANWR). This order reverses Biden-era restrictions and opens up nearly 3 million acres of the Arctic Ocean for drilling. The move fulfills a campaign promise and is part of Trump's broader strategy to increase fossil fuel production. Environmentalists have criticized the decision, citing potential harm to wildlife and ecosystems.
• Trump unleashes pro-fossil fuel executive actions — On his first day in office, President Donald Trump issued dozens of executive actions favoring the fossil fuel industry. These actions are part of a broader strategy to support oil and gas companies, which spent $445 million in the last election cycle to influence Trump and Congress. The executive actions are expected to benefit these companies, aligning with Trump's campaign promises to expand fossil fuel production and reverse previous climate policies.

Supporting reports

• Trump revoked electric vehicle targets — On January 20, 2025, Trump revoked a non-binding executive order signed by Biden aimed at making half of all new vehicles sold in 2030 electric. Trump stated "The United States will not sabotage our own industries while China pollutes with impunity." The action is part of broader efforts to repeal Biden's environmental protections. Trump has also promised to roll back auto pollution standards finalized by Biden's administration.
• Trump revokes Biden's electric vehicle target order — On January 20, 2025, President Donald Trump signed an executive order revoking a 2021 order by President Joe Biden that aimed to make 50% of all new vehicles sold by 2030 electric. This action is part of Trump's broader agenda to repeal environmental protections introduced during Biden's administration and to support the US gas-powered car industry. The revocation of the electric vehicle target has sparked criticism from environmental groups, who argue it will lead to higher prices, increased pollution, and reduced competitiveness.
• Trump signs order to withdraw US from Paris climate agreement — On his first day back as president, Donald Trump signed an executive order to withdraw the United States from the Paris climate agreement. This move, announced at the Capital One Arena in Washington DC, initiates the formal process of withdrawal from the international treaty aimed at mitigating climate change effects. The withdrawal process is expected to take about a year. This marks the second time Trump has moved to exit the agreement, having previously done so during his first term before the US rejoined under President Biden.
• Trump suspends offshore wind leasing — Donald Trump issued an executive action suspending offshore wind leasing on the outer continental shelf pending an environmental and economic review. This decision halts the development of offshore wind projects, which are a key component of renewable energy strategies. The suspension aligns with Trump's campaign promises to target renewable energy projects and prioritize fossil fuel development.
• Trump withdraws US from Paris climate agreement — On January 20, 2025, Donald Trump signed an executive order withdrawing the United States from the Paris climate agreement. This action was part of a series of executive orders signed by Trump on his first day back in office, reversing several policies from the Biden administration. The withdrawal from the Paris agreement aligns the US with countries like Iran, Libya, and Yemen, which are not part of the accord. This move was celebrated by Trump supporters as a victory for American interests, despite concerns about its impact on global climate efforts.
• Trump issues executive order to withdraw from Paris Agreement — President Donald Trump issued an executive order titled "Putting America First In International Environmental Agreements," directing the United States to withdraw from the Paris Agreement under the United Nations Framework Convention on Climate Change. The order mandates the U.S. Ambassador to the United Nations to submit formal notification of withdrawal and cease any financial commitments related to the agreement. The order emphasizes prioritizing American economic interests in international environmental agreements and revokes the U.S. International Climate Finance Plan.
• White House issues presidential memorandum withdrawing all Outer Continental Shelf areas from offshore wind leasing and imposing moratorium on federal wind permitting — The White House issued a presidential memorandum on January 20, 2025, directing the withdrawal of all areas on the Outer Continental Shelf from offshore wind energy leasing, effective January 21, 2025, pending revocation. The memorandum also imposes a temporary cessation of new or renewed federal approvals, permits, leases, and loans for onshore and offshore wind projects pending a comprehensive review. It directs the Secretary of the Interior to place a moratorium on activities under the Lava Ridge Wind Project Record of Decision and to assess environmental and cost impacts of defunct windmills.
• Executive Order on International Environmental Agreements — President Donald J. Trump signed Executive Order 14162, directing the United States to withdraw from the Paris Agreement and other international climate commitments under the United Nations Framework Convention on Climate Change. The order mandates the cessation of financial commitments related to these agreements and revokes the U.S. International Climate Finance Plan. The order emphasizes prioritizing American economic interests in international energy agreements.
• Trump signed executive order to exit World Health Organization — On January 20, 2025, Trump signed an executive order to have the US exit the World Health Organization (WHO). Trump stated "World Health ripped us off, everybody rips off the United States. It's not going to happen any more," accusing the WHO of mishandling the COVID-19 pandemic and other international health crises. The US will leave the WHO in 12 months and stop all financial contributions. The US is the biggest financial backer to the UN health agency.
• Withdrawal from Paris climate agreement — Trump initiated withdrawal of the US from the Paris climate agreement on his first day back in office. In January 2026, he pulled the US out of dozens of international organizations, including the Framework Convention on Climate Change, underpinning all international efforts to combat global warming.
• White House signed executive order withdrawing the United States from the World Health Organization — President Trump signed an executive order on January 20, 2025, directing the United States to withdraw from the WHO. The order revokes the 2021 presidential letter that had retracted a prior 2020 withdrawal notice, revokes Executive Order 13987 (the Biden-era COVID response coordination order), directs the Secretary of State and OMB Director to pause all U.S. funding to the WHO and recall U.S. personnel, and instructs the Secretary of State to cease negotiations on the WHO Pandemic Agreement and International Health Regulations amendments.
• White House signed executive order withdrawing United States from Paris Agreement and related climate finance commitments — The White House signed an executive order titled "Putting America First In International Environmental Agreements" on January 20, 2025. The order directs the U.S. Ambassador to the United Nations to immediately notify the UN Secretary-General of U.S. withdrawal from the Paris Agreement under the UN Framework Convention on Climate Change. The order also directs cessation of all U.S. financial commitments under the climate framework, revokes the U.S. International Climate Finance Plan, and requires federal agencies to rescind policies implementing climate finance initiatives within 30 days.
• Trump withdraws US from Paris climate accord — President Trump signed an executive order for the United States to withdraw from the Paris climate accord, reversing the previous administration's commitment to the international agreement aimed at addressing climate change. This decision marks a significant shift in US climate policy and aligns with Trump's focus on fossil fuels and energy independence.
• Trump withdraws US from the Paris climate agreement — President Donald Trump signed an executive order withdrawing the United States from the 2015 Paris climate agreement. This action fulfills a campaign promise to exit the global treaty aimed at mitigating climate change impacts. The withdrawal is part of Trump's broader efforts to roll back climate protections and policies established during the Biden administration.
• Trump withdraws from the Paris climate agreement — On his first day back in office, President Donald Trump announced the withdrawal of the United States from the Paris climate agreement. This decision was part of a series of executive orders signed by Trump, signaling a shift in U.S. foreign policy towards an "America first" approach. The withdrawal from the climate agreement marks a significant departure from international climate cooperation efforts, potentially impacting global climate change initiatives.
• Trump withdraws from the World Health Organization — President Donald Trump signed an executive order to withdraw the United States from the World Health Organization (WHO). The order cited the WHO's handling of the COVID-19 pandemic and its alleged political influences as reasons for the withdrawal. This move could have significant implications for global health initiatives and the U.S.'s role in international health diplomacy.
• Bloomberg pledges support for Paris Climate Agreement — Following Trump's announcement to withdraw the U.S. from the Paris Climate Agreement, former New York Mayor Michael Bloomberg stated that his philanthropic foundation would cover the U.S. financial contributions to the agreement and ensure compliance with its reporting requirements. This move underscores the role of private philanthropy in addressing climate change in the absence of federal support.

Supporting reports

• Trump launches cryptocurrency — On January 20, 2025, Donald Trump launched his own cryptocurrency, which reportedly made over $50 billion shortly after its introduction. This move raised significant ethical concerns regarding the emoluments clause of the Constitution, as it allows for potential direct financial contributions to the president from individuals seeking favors. The launch was accompanied by a similar initiative from Melania Trump, which also gained substantial value quickly.
• Trump launches cryptocurrency before inauguration — President-Elect Donald Trump launched a new cryptocurrency, a "memecoin," which reportedly made him over $50 billion on paper. This action, occurring just days before his inauguration, raises concerns about the use of political power for personal financial gain and the ethical implications of such actions by a public official.
• Trump promotes cryptocurrency tokens — President Trump promoted cryptocurrency tokens on Truth Social, claiming to make billions from them. This promotion raises ethical concerns about the use of presidential influence for personal financial gain.
• Potential for memecoins to facilitate pseudobribery — The article discusses how memecoins like TRUMP and MELANIA could be used to facilitate pseudobribery, allowing individuals to give money to public figures without direct transfers. By purchasing these coins, individuals can increase their value, indirectly enriching the coin holders. This mechanism could be exploited for corrupt practices, evading campaign finance laws and gift taxes. The potential for such use raises significant concerns about transparency and corruption in political finance.
• Trump launches cryptocurrencies TRUMP and MELANIA — Donald Trump and his wife Melania launched two cryptocurrencies named TRUMP and MELANIA just before his inauguration. Despite initial declines in value, the market capitalizations of these coins remain significant, with TRUMP at approximately $7 billion and MELANIA at $800 million. The launch has sparked controversy within the crypto community, with concerns about the potential impact on the respectability of cryptocurrencies. The coins are seen as speculative assets rather than currencies, with potential implications for financial and political dynamics.
• Crypto exchanges promote $TRUMP coin — Major cryptocurrency exchanges Coinbase, Kraken, and Robinhood have listed and promoted the $TRUMP meme coin, significantly increasing its visibility and demand. These exchanges are under scrutiny by the SEC for regulatory violations, and their promotion of $TRUMP may be motivated by hopes of favorable treatment from the Trump administration. The exchanges' actions highlight the potential for regulatory capture and the transformation of the presidency into a tool for personal enrichment.
• Trump demands lower interest rates — Former President Trump demanded that Federal Reserve Chair Jerome Powell lower interest rates, claiming he understands interest rates better than current decision-makers. Trump argues that lower rates would counteract inflation, despite economic concerns that such a move could worsen inflation if combined with proposed tariffs.
• Trump Organization's new foreign business deals — The Trump Organization announced new foreign business deals, including developments in Saudi Arabia, the United Arab Emirates, and Vietnam. These deals involve branding agreements and partnerships with local developers. The Trump Organization's current ethics statement does not restrict foreign deals, unlike the 2017 statement. This change raises concerns about potential foreign influence and conflicts of interest, as these ventures require government permits and could give foreign governments leverage over the President.

Supporting reports

• Regulatory Freeze Pending Review — The Executive Office of the President issued a memorandum ordering a regulatory freeze pending review. This directive requires all executive departments and agencies to halt proposing or issuing new rules until reviewed and approved by a department or agency head appointed by the President. The memorandum also mandates the withdrawal of rules sent to the Office of the Federal Register but not yet published, and considers postponing the effective date of published rules for 60 days for further review. The Office of Management and Budget Director is tasked with overseeing the implementation of this memorandum.
• White House issued presidential memorandum imposing regulatory freeze pending review — The White House issued a presidential memorandum on January 20, 2025, directing all executive departments and agencies to halt the proposal or issuance of any rule until reviewed and approved by a department or agency head appointed after noon that day. The order requires withdrawal of rules sent to the Federal Register but not yet published, and directs agencies to postpone for 60 days the effective date of published rules or rules not yet in effect, pending review of factual, legal, and policy questions. The OMB Director may exempt rules addressing emergencies or statutory/judicial deadlines.

Supporting reports

• Boeing donated $1 million to Trump's inauguration — Boeing donated $1 million to Trump's 2025 inauguration, establishing a financial connection between the company and the Trump administration. Additionally, Boeing hired Ballard Partners, the former employer of Attorney General Pam Bondi, to represent the company. Boeing paid Ballard $480,000 over two years during 2021 and 2022, a period that overlapped with Bondi's tenure at the firm.

Supporting reports

• US Senate passes Laken Riley Act — The US Senate passed the Laken Riley Act with a 64-35 vote, requiring the detention of undocumented immigrants charged with theft-related crimes. The bill, named after a Georgia nursing student murdered by a Venezuelan national, was supported by a dozen Democrats and all present Republicans. It now moves to the House, which had passed a slightly different version earlier. If approved, it will go to President Trump for his signature, marking his first legislative victory of his second term.
• Laken Riley Act passes US House — The US House of Representatives passed the Laken Riley Act, which mandates the detention of undocumented immigrants charged with theft-related crimes. The bill, which passed with a vote of 263 to 158, now awaits President Trump's signature. The legislation allows state attorneys general to sue the federal government for failing to enforce immigration laws. Critics argue it could lead to racial profiling and undermine due process, while supporters claim it enhances immigration enforcement and border security.

Supporting reports

• Trump executive order freezes energy assistance funds — President Donald Trump signed an executive order titled "Unleashing American Energy" on January 20, 2025, which paused the disbursement of funds appropriated through the Inflation Reduction Act of 2022 and the Infrastructure Investment and Jobs Act. This action has led to a $100 surcharge on energy bills for approximately 250 customers of Huntsville Utilities in Alabama, as it froze a grant that assists low-income residents with their energy bills. The Alabama Department of Economic and Community Affairs confirmed the surcharge was a direct result of the executive order.

Supporting reports

• Presidential memorandum on emergency price relief — The Executive Office of the President issued a memorandum directing executive departments and agencies to deliver emergency price relief to American families. The memorandum aims to lower housing costs, reduce healthcare expenses, and eliminate climate policies that increase food and fuel costs. The Assistant to the President for Economic Policy is tasked with reporting on the implementation status within 30 days and every 30 days thereafter.
• White House issued presidential memorandum directing emergency price relief measures — The White House issued a presidential memorandum on January 20, 2025, directing all executive departments and agencies to deliver emergency price relief and increase worker prosperity. The memorandum attributes inflation to Biden-era policies, regulatory burden, and energy restrictions. It orders agencies to lower housing costs, reduce healthcare administrative expenses, eliminate appliance requirements, create employment, and eliminate climate policies affecting food and fuel costs. The Assistant to the President for Economic Policy is directed to report on implementation every 30 days.
• White House issues fact sheet promoting presidential memorandum on price relief — The White House published a fact sheet on January 22, 2025, promoting a Presidential Memorandum signed by President Trump directing federal agencies to reduce regulatory burdens and lower costs for housing, healthcare, appliances, and energy. The fact sheet attributes inflation and high consumer costs to Biden-era policies and claims Trump's first-term agenda reduced regulatory costs by approximately $11,000 per household, while asserting Biden policies imposed nearly $50,000 in costs per household.