Economy Directives

Improving Our Nation Through Better Design

Published: Thu 21st Aug 25

President Trump signed an executive order establishing "America by Design," a national initiative to significantly improve the design and usability of federal services.

This initiative creates a National Design Studio within the White House, headed by a new Chief Design Officer.

The initiative aims to modernize the visual presentation and user experience of both digital and physical government services, resulting in cost savings, improved public trust and increased efficiency for citizens interacting with their government.

Agencies will provide initial results by July 4, 2026.

90th Anniversary of the Social Security Act

Published: Thu 14th Aug 25

President Donald J. Trump's proclamation declares August 14, 2025, the 90th anniversary of the Social Security Act.

The proclamation praises the Act's enduring importance, highlights the administration's efforts to combat fraud and improve the Social Security Administration's efficiency, and celebrates the significant tax relief provided to seniors.

Trump also connects strong border security policies to the preservation of Social Security benefits.

Revocation of Executive Order on Competition

Published: Wed 13th Aug 25

President Donald J. Trump issued an order revoking Executive Order 14036, which promoted competition in the American economy.

The revocation includes general provisions specifying that the order does not diminish the authority of executive departments or agencies, must adhere to existing law and funding, and creates no legally enforceable rights.

The publication costs are assigned to the Department of Justice.

Enabling Competition in the Commercial Space Industry

President Trump issued an executive order aimed at enhancing U.S. dominance in the commercial space industry by 2030.

The order directs several federal agencies to streamline regulations and expedite approvals for commercial space launches, spaceport infrastructure development, and novel space activities.

Key actions include reevaluating and amending existing regulations, facilitating inter-agency coordination, and establishing new positions within relevant government agencies to oversee commercial space activities.

The order emphasizes increasing launch cadence and innovation while balancing national security concerns and environmental considerations.

Ensuring American Pharmaceutical Supply Chain Resilience by Filling the Strategic Active Pharmaceutical Ingredients Reserve

President Trump's August 13, 2025 order addresses the vulnerability of the US pharmaceutical supply chain by directing the immediate replenishment of the Strategic Active Pharmaceutical Ingredients Reserve (SAPIR).

The order prioritizes securing a six-month supply of APIs for 26 critical drugs, with a preference for domestically sourced materials.

It also mandates planning for a second SAPIR repository and an updated list of essential medicines to ensure long-term resilience.

Funding will be sourced from existing government resources, subject to budgetary limitations.

Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with The People’s Republic of China

Published: Tue 12th Aug 25

President Trump issued an order further extending the suspension of additional tariffs on certain Chinese imports until November 10, 2025.

This action is based on ongoing trade discussions with the PRC and their progress toward addressing U.S. concerns about trade reciprocity and national security.

The order directs relevant government agencies to implement the tariff suspension and emphasizes that it doesn't create any legally enforceable rights.

Democratizing Access to Alternative Assets for 401(K) Investors

This presidential order seeks to broaden investment opportunities for 401(k) and similar retirement plan participants by increasing access to alternative assets.

The order addresses concerns about the lack of access to these investment types for the majority of Americans, despite their availability for institutional investors and the wealthy.

It directs the Secretary of Labor to review existing department guidelines and propose changes that promote prudent investment in alternative assets while mitigating legal risks.

The Securities and Exchange Commission is also tasked with evaluating potential regulatory adjustments to facilitate access.

Guaranteeing Fair Banking For All Americans

President Trump issued an executive order addressing what the order terms "politicized or unlawful debanking." The order alleges that financial institutions have engaged in discriminatory practices by restricting access to financial services based on political beliefs, religious affiliations, or lawful business activities.

It directs federal banking regulators to remove reputation risk considerations from their guidance and investigate institutions engaging in such practices.

The Small Business Administration is instructed to assist clients who were unfairly denied services.

The order aims to ensure fair access to financial services for all Americans, regardless of their political affiliations or beliefs, and to prevent the use of financial tools to suppress differing viewpoints.