Finance Directives
Saving TikTok While Protecting National Security
This Presidential Action determines that a proposed framework agreement for the divestiture of TikTok's United States operations constitutes a "qualified divestiture" under the Protecting Americans from Foreign Adversary Controlled Applications Act, thereby resolving national security concerns related to foreign adversary control over the application and its user data.
The order grants the Attorney General a 120-day delay on enforcing the Act to allow this structured separation—where a new U.S.-based joint venture with less than 20% ownership by ByteDance would take control—to be finalized, while also revoking a previous related delegation order and amending the 2020 Divestment Order.
The Gold Card
President Trump signed an executive order establishing the "Gold Card" program, a new immigration initiative. This program allows individuals or corporations to sponsor an immigrant visa for a beneficiary in exchange for a large financial contribution to the Department of Commerce.
The funds will be used to support commerce and American industry.
The order emphasizes reversing previous immigration policies deemed detrimental to national interests and aims to attract wealthy individuals who can benefit the U.S. financially.
The President submitted a series of nominations to the Senate for various key positions within the executive branch.
These nominations include individuals for roles in agencies such as Labor, Commerce, Treasury, Transportation, and the Central Intelligence Agency, among others.
Additionally, several previous nominations were noted with withdrawal notices having been sent to the Senate earlier in 2025.
Nominations Sent to the Senate
President Biden sent to the Senate a slate of nominations for various key positions.
These include nominations for ambassadors to Bangladesh, India, Bahrain, Jordan, and Iceland; a Federal Reserve Board member; and several federal judgeships in Mississippi, Alabama, and the District of Columbia.
The nominations span diverse fields and require Senate confirmation.
President Donald J. Trump issued a memorandum ordering an investigation into the potential misuse of federal grant funds for illegal lobbying and partisan political activities.
The memorandum directs the Attorney General, in consultation with relevant agencies, to investigate whether grant funds are being illegally used to support lobbying or political activity, and to report back within 180 days.
The President asserted that the misuse of funds is wasteful, potentially fraudulent and raises serious legal concerns.
The memorandum includes provisions safeguarding existing executive department and agency authority.
This presidential order directs federal agencies to review and potentially cut funding to jurisdictions with cashless bail policies deemed to threaten public safety.
The Attorney General will identify these jurisdictions, focusing on those with a high rate of releases for violent crimes or offenses involving property damage, before federal funds are reviewed.
The order aims to prioritize incarcerating individuals considered high risks to society, emphasizing the need to maintain order and public safety.
This Presidential Action addresses a declared crime emergency in Washington, D.C. It directs Federal agencies to take steps to ensure that dangerous individuals are held in pretrial detention by prioritizing Federal custody and charges, and by influencing the District's policies on cashless bail through funding decisions, services, and reviews.
The Attorney General is tasked with reviewing D.C. Metropolitan Police Department policies and working to change cashless bail procedures.
The order emphasizes the need to enhance public safety while asserting the President's constitutional authority.
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.