Plans to cut regulations: Donald Trump has announced an ambitious 10-for-1 rule, targeting the removal of ten existing regulations for every new one introduced. This effort aims to stimulate job growth and encourage innovation across multiple sectors.
Support for cryptocurrency: While Trump did not explicitly mention cryptocurrency regulations, his administration’s regulatory shift suggests a potential embrace of a more crypto-friendly framework. Appointments like Paul Atkins as SEC Chair also signal support for the digital currency landscape.
New efficiency department initiatives: The formation of the Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, aims to reduce regulations and improve government efficiency. This initiative underscores Trump’s broader strategy to minimize governmental interference in the economy.