Economy Directives

Eliminating Waste, Fraud, and Abuse in Medicaid

Published: Fri 6th Jun 25

President Trump issued a memorandum to address what he claims is excessive and wasteful spending in the Medicaid program.

The memorandum directs the Secretary of Health and Human Services to take action to eliminate waste, fraud, and abuse within Medicaid and to align Medicaid payment rates with those of Medicare—a move the president characterizes as necessary to protect the financial stability of both programs and ensure access to care for seniors and vulnerable groups.

The President contends that the Biden administration enabled states to circumvent cost controls resulting in unsustainable spending.

National Ocean Month, 2025

President Trump's 2025 proclamation designates June as National Ocean Month, emphasizing the significance of oceans to American security, the economy, and national identity.

The proclamation highlights actions taken to bolster the nation's maritime dominance, including renaming the Gulf of Mexico, revitalizing offshore critical mineral extraction, boosting domestic seafood production, and opening the Pacific Remote Islands National Monument to commercial fishing.

The President asserts these policies foster American prosperity and protect national interests.

Adjusting Imports of Aluminum and Steel into the United States

President Trump's June 3, 2025, proclamation increases tariffs on steel and aluminum imports from 25% to 50% to protect national security and support domestic industries.

These adjustments build upon previous proclamations and actions targeting imports deemed detrimental to the country's security.

The proclamation modifies existing tariff measures and considers special treatment for imports from the United Kingdom under the US-UK Economic Prosperity Deal, while emphasizing enforcement and penalties for under-reporting declarations for steel and aluminum content in imported goods.

Sequestration Order for Fiscal Year 2026 Pursuant to Section 251A of the Balanced Budget and Emergency Deficit Control Act, As Amended

Published: Fri 30th May 25

President's order implements automatic spending cuts, or sequestration, of the federal budget for Fiscal Year 2026.

The order is based on the Balanced Budget and Emergency Deficit Control Act, referencing the Office of Management and Budget's May 30, 2025 report to determine the amount of budget reductions for each non-exempt account, effective October 1, 2025.

The cuts must adhere strictly to the Act's requirements and the OMB report specifications.

World Trade Week, 2025

Published: Sun 25th May 25

President Trump's 2025 World Trade Week proclamation reaffirms a commitment to balanced and reciprocal trade that prioritizes American workers and industries.

It highlights the administration's actions, including tariffs and job training initiatives, to combat unfair trade practices and bring jobs back to the US. The proclamation declares May 18-24, 2025, as World Trade Week, celebrating the achievements of American trade, signaling a continued focus on an 'America First' trade policy.

Deploying Advanced Nuclear Reactor Technologies for National Security

This executive order establishes a comprehensive policy to accelerate the development, deployment, and export of advanced nuclear reactor technologies for national security purposes.

It directs several federal agencies to implement specific programs, including deploying nuclear reactors at military bases and Department of Energy facilities, allocating resources for related research and development, and aggressively promoting American nuclear exports through diplomatic and financial initiatives.

The order also emphasizes compliance with environmental regulations and seeks to streamline permits and approvals.

Ordering the Reform of the Nuclear Regulatory Commission

President Trump's executive order directs the Nuclear Regulatory Commission (NRC) to undergo significant restructuring and regulatory reform.

The order aims to accelerate the licensing and deployment of new nuclear reactors, expand US nuclear energy capacity, and re-establish American global leadership in nuclear energy.

Key components involve revising outdated safety models, streamlining licensing processes with fixed deadlines, and reorganizing the NRC to promote efficiency.

The stated goal is to improve energy independence, stimulate economic growth and create high-paying jobs while maintaining a high standard of nuclear safety.

Reforming Nuclear Reactor Testing at the Department of Energy

President Trump issued an executive order to significantly accelerate advanced nuclear reactor development and deployment in the United States.

The order streamlines the Department of Energy's processes for reviewing and approving reactor projects, reformulates existing environmental review processes according to NEPA guidelines, and launches a pilot program to build reactors outside of national laboratories.

The goal is to have at least three reactors operational by July 4, 2026, leveraging decades of research to generate a reliable, diversified, and affordable energy supply and strengthen national security.