Economy Directives
National Homeownership Month, 2026
This Presidential Proclamation officially declares June 2026 as National Homeownership Month, using the occasion to frame the administration's efforts as actively reversing a housing affordability crisis inherited from the previous administration.
The President asserts success through actions like issuing an Executive Order for price relief, directing Fannie Mae and Freddie Mac to purchase mortgage-backed securities to lower borrowing costs, and banning large institutional investors from buying single-family homes.
The proclamation concludes by urging Congress to enact permanent housing reforms and vows continued commitment to ensuring homes belong to families rather than corporations.
This official White House communication serves as an announcement that the President has forwarded a specific nomination to the Senate for confirmation proceedings.
Specifically, the action notifies the public that Brian Johnson of Ohio has been nominated to serve a five-year term as the Director of the Bureau of Consumer Financial Protection.
This Presidential Action mandates comprehensive reforms to U.S. customs enforcement, asserting that stronger measures are crucial for national security, foreign policy, and the economy.
The order directs the Secretary of Homeland Security to revise regulations within 180 days to enforce higher accountability standards for Importers of Record (IORs), including requiring tangible domestic assets or increased bonding, mandating detailed disclosure of ownership and supply chain data, and imposing stricter rules for foreign IORs, such as prohibiting their use of informal entry.
Furthermore, the action targets enhanced enforcement penalties for noncompliance, streamlined disposal of illegal imports, and established vetting procedures to ensure all parties involved in importing maintain 'good standing' with Customs and Border Protection (CBP).
This Presidential Action establishes a national policy focused on maintaining U.S. leadership in Artificial Intelligence (AI) by simultaneously encouraging innovation and strengthening national security against evolving AI-related threats.
The action directs various departments, including War, Homeland Security, and the Treasury, to immediately upgrade federal system cyber defenses, prioritize the defense of National Security Systems, and establish a voluntary information-sharing arrangement with AI developers regarding "covered frontier models" to assess potential risks before public release.
Furthermore, the Attorney General is tasked with prioritizing the criminal prosecution of individuals who misuse AI to illegally access or damage computer systems.
Further Adjusting the Tariff Regimes for Imports of Aluminum, Steel, and Copper into the United States
This Presidential Proclamation formally modifies the existing Section 232 tariff regimes imposed on imports of aluminum, steel, and copper, as established in prior proclamations, based on recommendations from the Secretary of Commerce regarding national security concerns and domestic economic impacts.
The modifications introduce a temporarily reduced 15 percent ad valorem duty for specific derivative products, including agricultural equipment and residential HVAC systems, while also extending coverage to products like aluminum lithographic plates and steel racks to prevent circumvention.
Furthermore, the proclamation lowers the threshold for a product to qualify as 'entirely' made of American metals from 95 percent to 85 percent to incentivize domestic sourcing.
This Presidential Memorandum directs the Director of the Office of Personnel Management (OPM) to approve the use of critical position pay authority for up to 400 federal positions designated to support national security investment programs, particularly those involving critical minerals and advanced materials.
This grants agencies the ability to set basic pay rates up to $400,000 for these roles, facilitating the rapid recruitment and retention of highly specialized engineering, financial, legal, and investment professionals necessary to secure strategic supply chains and bolster national defense and economic security.
To Implement Certain Provisions in the Consolidated Appropriations Act, 2026, and for Other Purposes
This Presidential Proclamation implements specific trade provisions mandated by the Consolidated Appropriations Act, 2026, chiefly by extending duty-free trade benefits under the African Growth and Opportunity Act (AGOA) and the Caribbean Basin Economic Recovery Act (CBERA) until December 31, 2026.
Furthermore, the President determines that the Gabonese Republic now meets the necessary criteria and designates it as a beneficiary sub-Saharan African country, effective January 1, 2026, following its previous termination.
The proclamation orders necessary modifications to the Harmonized Tariff Schedule of the United States (HTSUS) to reflect these extensions, reinstatement, and to correct past administrative inconsistencies regarding trade program deadlines.
Integrating Financial Technology Innovation into Regulatory Frameworks
This Presidential Action establishes a policy framework to foster financial innovation by integrating financial technology (fintech) into traditional financial services and payment systems.
The order directs Federal financial regulators to review and update regulations, guidance, and supervisory practices within 90 days to reduce barriers for fintech firms, especially those seeking partnerships or bank/credit union charters.
Furthermore, the President requests the Board of Governors of the Federal Reserve System to conduct a comprehensive evaluation, report within 120 days, and potentially establish transparent procedures for granting direct access to Reserve Bank payment services for uninsured depository institutions and non-bank financial companies involved in novel activities like digital assets.