Trump Executive Order Tracker

This executive order directs the Department of Labor to reevaluate and clarify its guidance under ERISA regarding fiduciary duties related to including alternative assets in 401(k) retirement plans. It aims to expand access to higher-yield, diversified investment opportunities - such as private equity, real estate, digital assets, and infrastructure - for retirement savers, while reducing litigation risk and regulatory burdens that currently limit such access. The order also instructs the SEC to consider revising accredited investor rules to support this goal, and encourages coordination among federal regulators to ensure broader financial inclusion and retirement security.

This executive order directs federal banking regulators and the Small Business Administration (SBA) to eliminate guidance, practices, and regulatory frameworks that enable politicized or unlawful debanking, particularly targeting individuals and businesses based on political or religious beliefs. It aims to safeguard fair access to financial services by requiring regulators to remove “reputation risk” considerations, identify and reinstate victims of debanking, and enforce penalties where violations occur. The order also mandates a comprehensive Treasury-led strategy to combat discriminatory banking practices, including referrals for civil enforcement in cases of religious discrimination.

Requires a variety of reports and recommendations to be delivered to the President by April 1, 2025: on the causes of the persistent trade deficit, how to establish the External Revenue Service

Directs the heads of executive departments and agencies to review all funding provided to NGOs and align future funding decisions with the interests of the United States and the goals of the Trump-Vance administration. 

Orders that for each new regulation issued, at least 10 prior regulations be identified for elimination.  This practice is to ensure that the cost of planned regulations is responsibly managed and controlled through a rigorous regulatory budgeting process.

Issues a memorandum rejecting U.S. commitments related to the OECD Global Tax Deal unless enacted by Congress. It directs the Treasury and USTR to identify extraterritorial taxes and tax practices disproportionately impacting American companies, and recommend responsive measures within 60 days, prioritizing U.S. economic competitiveness.