Tracking every rollback, reversal, and overreach — and the path back to the America we know.
The Senate confirmed Kevin Warsh as chair of the Federal Reserve on a 54-45 vote, with one Democratic senator crossing party lines to support him. Warsh will replace Jerome Powell and hold significant authority over interest rate decisions that directly affect inflation, employment, and borrowing costs for American households and businesses. His appointment marks a shift in monetary policy leadership during Trump's second term.
The Senate voted 51-45 to confirm Kevin Warsh to the Federal Reserve's board of governors and advanced his nomination to chairman, giving him significant control over U.S. monetary policy and interest rates. Warsh, a former Fed official and Trump ally, will have direct influence over economic conditions affecting all Americans through interest rate decisions. His confirmation represents a shift in Fed leadership toward Trump's preferred candidate.
The Trump administration announced a relief plan for travelers affected by Spirit Airlines' shutdown. Transportation Secretary Sean Duffy directed United, Delta, and Southwest to cap ticket prices for Spirit customers rebooking cancelled flights. This provides direct cost relief to stranded passengers during the airline's operational collapse.
Executive Order 14366 restricts proxy advisory firms with foreign ownership or political motivations from influencing U.S. corporate governance. The order requires enhanced disclosure and potential regulatory oversight of proxy advisors serving American investors. The directive aims to limit what the administration views as foreign interference in American corporate decision-making.
President Trump announced the removal of tariffs on Scotch whiskey following a visit from King Charles III and Queen Camilla. The action aims to strengthen trade relationships between Scotland and the Commonwealth of Kentucky on whiskey and bourbon industries. American consumers may see lower prices on imported Scotch whiskey products.
President Trump signed Proclamation 10114 on September 11, 2020, designating the week of September 21-27, 2020 as Minority Enterprise Development Week. The proclamation calls for recognition of minority-owned businesses and encourages support for their development. As a proclamation, it has no binding legal effect and serves as a statement recognizing the designated week.
President Trump signed Proclamation 10281 on September 4, 2020, designating the first Monday in September as Labor Day and calling for its observance. The proclamation is a ceremonial declaration without regulatory changes to existing labor law or federal programs. It had no direct operational impact on American workers or labor protections.
On August 28, 2020, President Trump signed Proclamation 10414, which modified tariffs on steel imports by adjusting Section 232 tariff rates and exemptions. The proclamation reduced the tariff rate on certain steel products from 25% to 0% for countries meeting specified criteria, while maintaining or adjusting rates for others. The action directly affected steel prices for American manufacturers, construction companies, and automotive producers who import or use steel in production.
On August 24, 2020, President Trump signed Executive Order 13946, directing federal agencies to prioritize locating new federal facilities and developments in Opportunity Zones and other economically distressed communities designated under the Tax Cuts and Jobs Act. The order requires federal agencies to consider Opportunity Zone locations when making decisions about new federal infrastructure projects, real estate acquisitions, and facility consolidations. The confirmed direct impact is that federal agencies altered their site selection processes to weight Opportunity Zone eligibility as a factor in capital planning decisions.
On August 8, 2020, President Trump signed Memorandum 2020-17899 deferring payroll tax obligations for employees earning less than $100,000 annually from September 1 through December 31, 2020. The memorandum directed the Treasury Secretary to defer collection of the employee portion of Social Security taxes during this period. The deferred taxes were to be collected between January 1 and April 30, 2021, meaning affected employees faced larger withholdings in early 2021 rather than a permanent tax reduction.