Executive Orders and Policy Actions on Trump's First Day in Office
President-elect Donald Trump is poised to implement a sweeping series of executive orders and policy actions in the immediate hours following his inauguration. These measures span a wide range of topics, including energy, trade, immigration, and government operations.
Energy
* Declare a national economic emergency on energy to expand authority for increased energy production.
* Revoke Biden's pause on liquefied natural gas export approvals.
* Roll back regulations on electric vehicles and tailpipe emissions.
* Withdraw from the Paris Climate Accords.
* Consider reversing Biden's offshore drilling ban in the Arctic National Wildlife Refuge.
Trade
* Outline trade vision and direct agencies to study trade policies, but refrain from immediate tariff impositions.
* Plan to implement "big but slow" tariffs over time, including revenue-generating generalized tariffs.
Immigration
* Enact executive orders leading to increased enforcement actions, including potential mass deportations.
Government Operations
* Sign a presidential memorandum on inflation, directing agencies to explore cost reduction measures.
* Establish mechanisms to bring federal workers under closer administrative control.
Other Potential Actions
* Issue a reprieve for the TikTok app, potentially extending its operation in the US.
* Address student loan forgiveness and the potential for congressional action.
* Pardon individuals convicted of roles in the January 6, 2021 Capitol attack.
* Nominate key officials to Senate confirmation.
Market Impact
The flurry of executive orders is expected to have a significant impact on markets, with experts predicting continued volatility. Despite the uncertainty, President-elect Trump has expressed his intention to make a bold statement with these early actions.