https://www.whitehouse.gov/presidential-actions/2025/01/fac…

Fact Sheet: President Donald J. Trump Delivers Emergency Price Relief for American Families to Defeat the Cost-of-Living Crisis
DELIVERING EMERGENCY PRICE RELIEF: Today, President Donald J. Trump signed a Presidential Memorandum to deliver emergency price relief for American families and defeat the cost-of-living crisis.
- The Presidential Memorandum recognizes a critical component of the crushing cost of everyday living. The Biden Administration imposed complex regulatory burdens and radical policies designed to weaken American production.
- President Trump is ordering all Federal agencies to untangle the American economy from Biden constraints and improve affordability of necessary goods and services and increase the prosperity of the American workers.
- This includes action to:
- Drastically lower the cost of housing and expand housing supply;
- Eliminate unnecessary administrative expenses and rent-seeking practices that drive up healthcare costs;
- Eliminate counterproductive requirements raising the costs of home appliances;
- Create employment opportunities for American workers including drawing discouraged workers into the labor force; and
- Eliminate harmful, coercive “climate” policies driving up the costs of food and fuel.
ENDING BIDEN’S WAR ON AFFORDABILITY: The Biden Administration’s destructive policies inflicted an historic inflation crisis on the American people.
- Hardworking families are overwhelmed today by the cost of fuel, food, housing, automobiles, medical care, utilities, and insurance.
- Unprecedented regulatory oppression from the Biden Administration has imposed almost $50,000 in costs on the average American household, whereas President Trump’s first-term agenda reduced regulatory costs by almost $11,000 per household.
- Americans are unable to purchase homes at historic rates, in part due to regulatory requirements that alone account for 25 percent of the cost of constructing a new home.
- Biden’s assault on plentiful and reliable Ameri…