He directed the Treasury and Commerce Departments to create a sovereign wealth fund to support government investments, including potential acquisitions like TikTok. In January 2025, he introduced a deregulation initiative requiring federal agencies to repeal ten regulations for every new rule,
His administration also withdrew from the Paris Climate Agreement and lifted restrictions on single-use plastics. Additionally, he signed an order to end birthright citizenship, sparking legal debates.
On his inauguration day, he issued pardons for individuals involved in the January 6 Capitol riot.These actions reflect his focus on deregulation, national sovereignty, and reversing previous policies. However, there is no evidence supporting claims of a decree to “buy everything.”
