Brian Schwartz

President-elect Donald Trump will sign executive orders and memoranda during his first day in office tailored to cutting federal regulations around energy production and reducing inflation, according to an incoming White House official. Trump, for instance, will sign an executive order that aims to eliminate President Biden’s climate regulations tied to the production of electric vehicles, according to the official. Another will be focused on Alaska and bolstering energy production from within that state.

President Trump’s pick for commerce secretary Howard Lutnick detailed Monday how Trump will use his “external revenue service” and the administration’s approach with tariffs. Lutnick said at a Washington rally celebrating the inauguration that the “external revenue service” will “put up tariffs” an

President Trump signed executive orders to overhaul border and energy policies and end diversity programs across the federal government, unwinding signature Biden administration policies on the first day of his second term.

President Trump is using the threat of stiff tariffs on goods from Canada and Mexico as soon as next week to pressure the two nations to start renegotiating a continental trade deal, according to people familiar with the matter.

The billionaire wrote on social media that the companies behind the project don’t have enough money to follow through on their pledges.

Billionaire says companies behind the project don’t have enough money to follow through on pledges

President's close ally raises questions on funding, spars online with OpenAI chief

The Senate on Monday confirmed Scott Bessent as treasury secretary, putting the longtime investor at the center of President Trump's efforts to cut taxes, fight inflation and impose stiff tariffs on imports.

WASHINGTON— Howard Lutnick’s journey from Wall Street veteran to one of President Trump’s most hawkish trade advisers began with a speech at his October campaign rally at Madison Square Garden. Lutnick extolled the virtues of tariffs and argued that the duties could at least in part replace the U.S. income tax—a line that Trump has regularly used as a talking point. Since then, Lutnick has privately built an alliance with two of Trump’s most vital first-term trade advisers and proponents of punitive tariffs: Peter Navarro and Jamieson Greer, according to people familiar with the matter.