Finance Directives
Strengthening American Leadership in Digital Financial Technology
The Presidential Executive Order outlines strategies to advance US leadership in the digital asset industry, blockchain technology, and financial technologies.
It emphasizes the need for responsible growth and usage of digital assets while protecting economic freedom and sovereignty.
The document outlines policies supporting open blockchain access, banking service fairness, and regulatory clarity, alongside banning Central Bank Digital Currencies (CBDCs) in the US. It establishes a working group, revokes previous directives on digital assets, and sets tasks and timelines for involved agencies to recommend regulatory adaptations.
Nominations Transmitted to the Senate
On January 22, 2025, the President transmitted a series of nominations to the Senate for key positions across multiple federal agencies.
These nominations include individuals for Under Secretary roles in Agriculture, Deputy Secretary positions in Transportation, Energy, and Veterans Affairs, as well as other senior leadership roles within agencies such as the Small Business Administration, Environmental Protection Agency, Treasury, Office of Science and Technology Policy, Interior, and Education.
The purpose is to fill vacancies in various government agencies.
The Organization for Economic Co-operation and Development (OECD) Global Tax Deal (Global Tax Deal)
This presidential memorandum rescinds the U.S.'s commitment to the OECD Global Tax Deal, asserting that it infringes on U.S. sovereignty and negatively impacts American businesses.
It directs the Treasury Secretary and other officials to inform the OECD of this decision and to investigate foreign tax policies that disproportionately affect U.S. companies, developing protective measures in response.
The memorandum emphasizes the importance of upholding U.S. economic interests and competitiveness.
REEVALUATING AND REALIGNING UNITED STATES FOREIGN AID
This executive order pauses all new US foreign aid disbursements for 90 days to review current programs for efficiency and alignment with US foreign policy.
The order cites concerns that the current system is misaligned with American interests and values.
Following the review period, programs will be either continued, modified, or terminated based on the Secretary of State's recommendations, along with the Office of Management and Budget.
A waiver provision exists for specific programs.
Regulatory Freeze Pending Review
This presidential memorandum institutes a temporary freeze on new federal regulations and initiates a review process for existing and pending rules.
All executive departments and agencies must halt rule-making until appointed heads review and approve them.
Rules already submitted but not published are withdrawn for review, published rules are subject to a 60-day postponement, and the Office of Management and Budget oversees the entire process.
Any actions contradicting this memorandum may be addressed via modification or extension.
President Trump Designates Chairmen and Acting Chairmen
On January 20, 2025, President Trump announced the designation of numerous chairmen and acting chairmen for various federal commissions and boards.
The appointments cover a wide range of agencies, including those responsible for communications, energy, labor, finance, and transportation, signaling a significant reshuffling of leadership across the federal government.
President Trump Announces Acting Cabinet and Cabinet-Level Positions
- Foreign Policy
- Healthcare
- Finance
- Defense
- Immigration
- Energy
- Environment
- Labor
- Homeland
- Education
- Science
- Technology
- Justice
- Housing
- Veterans
- Agriculture
President Trump issued a directive appointing acting cabinet secretaries and other high-level officials across numerous federal agencies.
The appointees are temporarily filling their positions until permanent replacements are selected, with the directive citing 5 U.S.C. 3345 et seq. as legal justification.
The directive lists numerous individuals and their assigned acting roles, ensuring continuity in government operations.
President Trump Announces Sub-Cabinet APPOINTMENTS
- Foreign Policy
- Healthcare
- Finance
- Economy
- Defense
- Energy
- Labor
- Homeland
- Science
- Technology
- Justice
- Veterans
- Agriculture
President Trump nominated numerous individuals to fill sub-cabinet level positions across various federal agencies.
The nominations encompass leadership roles in departments including Defense, Health and Human Services, Justice, Homeland Security, Treasury, Agriculture, Energy, and others.
The announcement details the nominees' names, states of residence, and the specific positions for which they are being nominated, which then require Senate confirmation.